Latham is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2615). With a population of 3,767, the suburb has an established demographic with a median age of 38. Households earn a median income of $111K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Latham is $792,000, having dipped slightly 1% over the past year. Units have a median price of $803,000 (+28.5% YoY). The median weekly rent is $400 (Census 2021). This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,000.
Latham is served by 1 school, including 1 primary. The average ICSEA score is 1038, which is around the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,327 incidents per 100,000 population.
From an investment perspective, Latham offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($792K/$1.0M). The price-to-income ratio of 7.2x is considered moderate. House prices have moved -1.0% year-on-year.
Latham is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2615). With a population of 3,767, the suburb has an established demographic with a median age of 38. Households earn a median income of $111K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Latham is $792,000, having dipped slightly 1% over the past year. Units have a median price of $803,000 (+28.5% YoY). The median weekly rent is $400 (Census 2021). This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,000.
Latham is served by 1 school, including 1 primary. The average ICSEA score is 1038, which is around the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,327 incidents per 100,000 population.
From an investment perspective, Latham offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($792K/$1.0M). The price-to-income ratio of 7.2x is considered moderate. House prices have moved -1.0% year-on-year.