Latham, a suburb situated in the Belconnen district of Canberra, Australia, offers a unique and appealing option for potential homeowners and renters considering a move to the Australian Capital Territory. The housing market in Latham is characterized by a blend of older, established homes and newer, modern developments, providing a range of options for different preferences and budgets. As of recent assessments, the suburb has seen a steady demand for properties, partly because of its relatively affordable prices compared to other areas in Canberra. This demand is driven by Latham's proximity to essential amenities, like schools and shopping centers, and its easy access to the city, making it an attractive option for families, professionals, and retirees alike.
Living in Latham offers residents a balanced lifestyle with a suburban feel interwoven with the conveniences of urban living. The community is known for its friendly and inclusive atmosphere, where neighbors often know each other, and local community events foster a sense of belonging. The suburb boasts several parks and recreational areas, encouraging outdoor activities and family outings, which enhances the quality of life for its inhabitants. Moreover, its location within the larger Belconnen district means that larger commercial areas and entertainment venues are just a short drive away. Overall, Latham is appreciated for its tranquil environment, supportive community, and accessibility, making it a sought-after suburb for those looking to settle in Canberra's suburban landscape.
Median Weekly Rent | $396.43 |
Median Monthly Mortgage | $1933.57 |
Median Persons Per bed houseroom | 0.77 |
Average Household Size | 2.71 |
Average Age | 37.43 |
Average Income | $1073.29 |
Average Cars Per Dwelling | 1.87 |
Average Properties Within 50M | 8 |
Typical 1 bed house | |
Typical 2 bed house | $641,000 |
Typical 3 bed house | $754,000 |
Typical 4 bed house | $951,000 |
Typical 5 bed house | $1,158,000 |
Typical 6 bed+ house | $1,265,000 |
Housing Stock
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Thinking about buying in Latham? Now could not be a better time, with 1581 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $784,000 with prices in this suburb ranging from $79,000 to $2,937,000. The aproximate distance to the coast is 116 Km.
In Latham there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Latham due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Latham leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Latham to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationLatham Primary School
St Thomas Aquinas Primary School
St Francis Xavier College
Cranleigh School
St John the Apostle Primary School
Southern Cross Early Childhood School
Melba Copland Secondary School
Macgregor Primary School
Kingsford Smith School
Charnwood-Dunlop School
(While the above schools are located with the suburb of Latham there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.4 | 18.4 | 35.8 | 18.9 | 68.2 | 6.4 | 28.0 |
Feb | 0.8 | 18.8 | 34.5 | 24.1 | 70.2 | 5.9 | 24.6 |
Mar | 1.4 | 17.2 | 31.5 | 27.0 | 73.2 | 5.4 | 21.1 |
Apr | 0.5 | 13.5 | 27.4 | 30.6 | 79.6 | 4.5 | 16.5 |
May | 1.1 | 9.0 | 21.6 | 39.4 | 86.4 | 4.0 | 13.6 |
Jun | 1.4 | 7.2 | 18.5 | 48.2 | 90.4 | 3.8 | 11.6 |
Jul | 1.9 | 6.5 | 17.3 | 54.2 | 92.6 | 3.8 | 11.9 |
Aug | 1.4 | 6.8 | 18.5 | 49.4 | 91.8 | 3.8 | 14.4 |
Sept | 0.6 | 7.0 | 21.7 | 37.9 | 91.4 | 4.2 | 19.5 |
Oct | 0.5 | 10.2 | 27.2 | 25.5 | 84.8 | 4.8 | 23.9 |
Nov | 0.5 | 13.6 | 30.8 | 20.9 | 76.2 | 5.4 | 27.4 |
Dec | 0.4 | 16.4 | 34.0 | 17.8 | 68.6 | 5.8 | 29.5 |
source: Australian Government Bureau of Meteorology
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