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Affordable Suburb Ideal for Investors

By Rosie Barton

In October, Australia’s median property values dropped 1.2 percent. But Canberra held its ground. It’s why this three bedroom home in Latham is perfect for a first home buyer, investor or small family looking for a suburban lifestyle. Only minutes to Belconnen shops and eateries listing agent Geoge Southwell from Ray White Rural Canberra | Yass | Murrumbateman said it is a great opportunity not to be missed. “Latham is a popular location for families looking for a leafy & quiet lifestyle that still has city benefits,” he said. “The suburb is named after John Latham, Chief Justice of the High Court of Australia,where all the streets bear the names of Australian judges,” he added.

Mr Southwell said the property’s proximity to Belconnen mall and Civic made it an enviable location. “This property is close to shops and schools, in fact it’s walking distance to the local primary school,” he said. “It’s well heated for winter and will be cool in summer, while the garden has been set up to be easily managed and not too water dependent for drier times.” 

“Canberra is an excellent investment opportunity,” he said. “Despite interest rates continuing to rise, the nation’s capital has held steady compared to other major city markets in Australia.”

To be presented at auction, interested parties are invited to contact George Southwell at Ray White Rural Canberra | Yass | Murrumbateman for further information and to arrange an inspection.

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