Suburb Profile Report for Latrobe TAS (7307)

Latrobe House: Median price $248,250, Annual capital growth 3.89%, Number of sales 64, Weekly median advertised rent $280

Latrobe Unit: Median price $222,500, Annual capital growth -0.32%, Number of sales 16, Weekly median advertised rent $260

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Latrobe, 7307 ranked 75th in TAS when comparing growth in median property values or capital gain over the last 12 months. Latrobe is one of 606 in our list for TAS

If we look at median property appreciation over just the last three months, Latrobe has given property investors a paper return of 5.64%. This puts Suburb as 37 on a list of fastest fasting appreciating suburbs in TAS

Sellers are offering property buyers an average discount of -7.62% to buyers in Latrobe at the moment, which is less than average for the rest of TAS.

At number 3184 in a list of fastest selling suburbs, Latrobe is in the bottom 20% of suburbs in Australia with an average of days on market 121.02 for properties listed there.

The TAS suburb of Latrobe, 7307 is in the Latrobe local government area.

With a capital gain of -16.04% for the last 12 months, Latrobe, 7307 has performed for property investments than its average annual -0.32% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Latrobe has fallen somewhat when compared to the 5 year average annual rate.

Situated 197.60km from the CBD, Latrobe is one of Latrobe localities in the postcode 7307.

Metrics i HOUSE UNIT
$248,250 $222,500
5.64% -1.11%
5.64% -16.04%
3.89% -0.32%
$280 $260
64 16
5.87% 6.08%
121.02 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 3897
Median household income ($/weekly) 851
Median age of persons 42
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 502 12.9
    25-34 years 458 11.8
    35-44 years 470 12.1
    45-54 years 528 13.5
    55-64 years 566 14.5
    Others 1373 35.2
    Age Group
    Census Count Percent(%)
    Registered Married 1389 49.4
    Not Married 1121 39.9
    Defacto Relationship 303 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3427 92.3
    New Zealand 20 0.5
    Papua New Guinea 25 0.7
    United Kingdom 153 4.1
    Other 26 0.7
    Others 62 1.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.7
    Christianity 2394 68.0
    Hinduism 9 0.3
    Islam 9 0.3
    No Religion 1076 30.6
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 138 10.1
    $400-$599 255 18.6
    $600-$799 161 11.7
    $800-$999 157 11.5
    $1,500-$1,999 141 10.3
    Others 519 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1304 43.6
    Employed, worked full-time 919 30.7
    Employed, worked part-time 532 17.8
    Employed, away from work 121 4.0
    Unemployed, looking for work 117 3.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 168 10.7
    Professionals 196 12.5
    Technicians & trades workers 273 17.4
    Community & personal service workers 179 11.4
    Labourers 252 16.1
    Others 502 32.0
    Occupation
    Census Count Percent(%)
    Pre-school 39 5.1
    Infants/Primary 348 45.8
    Secondary 197 26.0
    Technical or Further Educational Institution 111 14.6
    University or other Tertiary Institutions 47 6.2
    Others 17 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3314 91.7
    Flat, unit or apartment 170 4.7
    Semi-detached, row or terrace house, townhouse 90 2.5
    House or flat attached to a shop, office 40 1.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 538 36.2
    Being purchased 515 34.6
    Rented 426 28.6
    Other tenure type 9 0.6
    Tenure Type
Census 2011, ABS
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