Latham at a glance
3,765
People
$881,500
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
ACT › Latham › Solomon Cres
$870,000
Last sold
22 July 2024
3
Bedrooms
1
Bathrooms
0
Car spaces
940 m²
Land
115 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$870,000
22 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Latham (last 5 years) with land size have a median of $1,165/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Latham at a glance
3,765
People
$881,500
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Latham
-1.3%
Median sale
Suburb $881,500
+0.03 pp
Gross yield
Suburb 2.36%
Suburb median $881,500 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
ACTPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $400/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Latham at a glance
3,765
People
$881,500
Median sale
$400/wk
Median rent
2.36%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White CanberraEnviably positioned at the crest of Solomon Crescent and overlooking reserve, this single-level three bedroom residence presents an exciting opportunity to purchase a quality home in a unique setting, providing a desirable city fringe lifestyle.
Unwind with family and friends as you feel like you're sitting amongst the treetops gazing out from the north-facing deck, which boasts custom made built-in bar tops.
Light, bright and well-appointed, the home features a family-friendly floorplan that is highlighted by solid timber flooring, fresh paint, plush carpets and a quality fit-out. The kitchen is spacious and has an abundance of storage and bench space, equipped with quality appliances and connects well with the dining room and out to the outdoor entertaining area. You'll find the generously proportioned lounge room warm and inviting, creating an immediate sense of being at home.
Accommodation consists of three bedrooms, all generous in size, serviced by a renovated bathroom complete with freestanding shower, floating vanity and bathtub.
Outside, the yard is full of established plants and trees bringing a variety of birdlife to the property. The giant block gently slopes towards the reserve with easy access to walking trails.
This home will prove to be one of the best three-bedroom properties to come to market this year in Latham, an absolute must to inspect!
Summary of Features:
* North aspect to rear
* Three bedrooms, two with built-in robes
* Large lounge room, meals area off kitchen
* Kitchen with plenty of storage and bench space, quality appliances
* Huge covered alfresco/entertainers deck, with built-in bar tops, views to reserve, Suntuff Solar Smart roofing
* Solid timber floors throughout, carpets to lounge and bedrooms
* Modern bathroom with shower and bathtub
* Gas heating (wall mounted)
* 2 x split-system air conditioners
* Ceiling fans
* Solar hot water system
* Rear access directly to reserve
* Large backyard with established trees and plants including Quince, Lemon, Peach, Lavender and Rosemary
* 5 minutes to Kippax, short commute to Belconnen CBD and close to bus routes
* Land size: 941sqm approx.
Listing description written by Gerard Northey, Ray White Canberra — reproduced as published, not verified by Districts.