At number 2138th in the list of Australian suburbs ordered by increase in median house value over the last year, Latrobe, 7307 is in the BOTTOM 50% with a property value increase of 4.75% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Latrobe,7307 has racked up an average of 4.75% over the period. This ranks it number 3788th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Latrobe are currently offering property investors an average price cut of -7.94% below the asking price at the moment.
Property investors who have had real estate in Latrobe, 7307 should be unhappy with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.43%
If we look at median property appreciation over just the last three months, Latrobe has given property investors a paper return of 6.67%. This puts Suburb as 15 on a list of fastest fasting appreciating suburbs in TAS
Advertised rents are around the $255 mark per week – giving a return of 5.53% based on the median price in Suburb