With a capital gain of -8.08% for the last 12 months, Latrobe, 7307 has performed for property investments than its average annual 2.88% property growth over the last 5 years.
Latrobe,7307 was ranked 3780 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Latrobe are currently offering property investors an average price cut of -7.41% below the asking price at the moment.
Latrobe has had a quite poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -3.64% to date .
A -8.72% growth in median value for property investors in Latrobe,7307 puts this suburb at number 34th in terms of best performing suburbs in TAS
In the last year 15 properties changed hands in Latrobe, which puts it as the 38th most active market in TAS when comparing the number of sales per suburb.
A $267.5 per week rent on the median house gives suburb investors a gross yield of circa 6.18%, without taking into account capital value appreciation, which has been averaging out at 0.19%.