Latrobe Council, TAS

Latrobe Council is home to some of the most beautiful national parks in the world, visiting which is a great experience for any traveller. The Latrobe LGA is one of Tasmania’s most affordable regions with a house prices that are typically less than the state average. There are multiple factors that contribute to the market’s continued solid performance.

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It includes major towns like Latrobe and Devonport which are very popular with visitors due to their quaint appeal and scenic landscapes. Latrobe council is also an agricultural region that produces some of Tasmania’s best dairy products.

With the increasing population, the Latrobe LGA Real Estate Market has experienced a steady increase and market competitiveness. This has led to many new developments and developments that introduce innovative features like green-built and sustainable homes.

Latrobe Real Estate Market provides a solid return on investment and has been a great source of capital for first home buyers.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy 

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Yield chart
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Demand chart
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unit to houses pie charts
Renters to owners pie chart
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IRSAD chart
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Index chart
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GRC chart

Confidence: High, Medium, Low

Supply

Stock on Market

Inventory

Hold Period

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SOM chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

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DOM chart
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Inventory chart
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Auction chart

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Property Market in Latrobe Council, TAS

What LGAs neighbour Latrobe Council Property Market?

Latrobe Council is surrounded by 4 other council areas – West Tamar, Kentish, Devonport City, Meander Valley.

How many people live in Latrobe Council, TAS?

The estimated Resident Population for Latrobe City Council Area is approximately 12000 and has a population density of 19.95 persons/km².

What are current and planned infrastructure projects in Latrobe Council, TAS?

Among the main projects, there are Latrobe Valley Sport & Community Initiatives, Kernot Hall Redevelopment, Monash Reserve Upgrade, Latrobe Creative Precinct. You can find more information on the Tasmania Government website

What major retailers are there in Latrobe Council, TAS?

There are such retailers as Something 4 Everyone, Little Things Blossom, Reliquaire, Wells Clothing & Crafts, Hael XIII, Grandala Boutique.

What is the main industry in Latrobe Council, TAS?

The main industry are Accommodation and Food Services, Manufacturing, Electricity, Gas, Water, and Waste Service.

What are the dominant demographic groups in Latrobe Council, TAS?

Among approximately 12000 people in Latrobe males and females make up to 49% and 51% respectively. The median age of people is 47 years.

How is unemployment rate trending in Latrobe Council, TAS?

Among approximately 5000 people employed, 58% work full-time and 40% work part-time.

Suburbs/localities in this Local Government Area: East Devonport 7310, Harford 7307, Hawley Beach 7307, Bakers Beach 7307, Holwell 7275, Latrobe 7307, Beaconsfield 7270, Moriarty 7307, Northdown 7307, Port Sorell 7307, Sassafras 7307, Shearwater 7307, Spreyton 7310, Squeaking Point 7307, Tarleton 7310, Thirlstane 7307, Wesley Vale 7307, York Town 7270

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