Latrobe City, VIC

The City of Latrobe is a local government area located in the Gippsland region of eastern Victoria, Australia. It is predominantly urban, with the majority of its population concentrated in the four major urban areas of Moe, Morwell, Traralgon, and Churchill.

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Other significant settlements within the LGA include Boolarra, Callignee, Glengarry, Jeeralang, Newborough, Toongabbie, Tyers, Yallourn North, and Yinnar. It was created in 1994 by the merging of the Cities of Moe, Morwell, and Traralgon, as well as portions of the Shires of Narracan and Rosedale. In 1996, the Yallourn Works Area was added. When the municipality was founded, it was known as the Shire of La Trobe, but on 6 April 2000, it changed its name to its current one.

In Latrobe Valley, the most prevalent jobs are Technicians and Trades Workers (17.8%), Professionals (15.2%), Clerical and Administrative Workers (13.6%), Community and Personal Service Workers (11.9%), and Labourers (11.8%).

In Latrobe Valley, the typical weekly personal income for persons aged 15 years and older is $544.

In Latrobe Valley, 88.0 % of occupied private residences are single detached houses, 6.1 % are semi-detached, row or terrace houses, townhouses, etc., 5.2 % are flats or apartments, and 0.4 % are other housing.

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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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Upgrade to Personal Plan to see Yield data.
Upgrade to Starter Plan to see Demand Profile data.
Upgrade to Professional Plan to see Buy & Rent Search Index data.

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.

Upgrade to Professional Plan to see Growth Rate Cycle data.

Property Market in Latrobe City, VIC

What other property markets are there near Latrobe City, VIC?

Latrobe City is surrounded by 2 other council areas – South Gippsland, Wellington.

Suburbs/localities in this Local Government Area: Abbeyard 3737, Harrietville 3741, Havilah 3737, Kancoona 3691, Kergunyah South 3691, Barwidgee 3737, Merriang 3737, Merriang South 3737, Mongans Bridge 3691, Mount Beauty 3699, Mount Buffalo 3740, Mudgegonga 3737, Myrtleford 3737, Nug Nug 3737, Ovens 3738, Porepunkah 3740, Rosewhite 3737, Running Creek 3691, Selwyn 3737, Smoko 3741, Tawonga 3697, Tawonga South 3698, Upper Gundowring 3691, Bogong 3699, Wandiligong 3744, Wonnangatta 3737, Bright 3741, Buckland 3740, Buffalo River 3737, Coral Bank 3691, Dandongadale 3737, Dederang 3691, Dinner Plain 3898, Eurobin 3739, Freeburgh 3741, Gapsted 3737, Germantown 3741, Glen Creek 3691

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