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.
How to use this Dashboard
This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.
Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.
Get the Professional Subscription to see trends for advanced metrics such as Buy & Rent Search Index that indicate real estate demand and supply in this LGA.
Property Market in Latrobe Council, TAS
Latrobe Council is surrounded by 4 other council areas – West Tamar, Kentish, Devonport City, Meander Valley.
The estimated Resident Population for Latrobe City Council Area is approximately 12000 and has a population density of 19.95 persons/km².
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
There are such retailers as Something 4 Everyone, Little Things Blossom, Reliquaire, Wells Clothing & Crafts, Hael XIII, Grandala Boutique.
The main industry are Accommodation and Food Services, Manufacturing, Electricity, Gas, Water, and Waste Service.
Among approximately 12000 people in Latrobe males and females make up to 49% and 51% respectively. The median age of people is 47 years.
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