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, and is considered a desirable place to live, with good access to employment and recreation opportunities.

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The economy of Latrobe City is based largely on the provision of services to the surrounding rural areas, with some light manufacturing and agriculture.

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

The majority of housing stock in Latrobe City is made up of detached houses, followed by units and townhouses. In Latrobe City, 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.

Investors are increasingly interested in the Latrobe City market, as prices continue to increase and rental yields remain attractive. The city offers a good mix of housing options, from affordable family homes to high-end luxury properties. There is strong demand for properties in the city centre, as well as in the surrounding suburbs.

Discover the latest trends for sales and rental prices in the LGA with the help of interactive dashboard on this page.

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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

All Supply / Demand cards and graphs on this page are published under a preliminary Beta release.
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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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