If you compare the increase in value of investment property in Latrobe, 7307 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was -11.79%.
Over the longer term, Latrobe has seen property prices show investors a 2.92% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Latrobe is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 74th in terms of most discounted suburbs in TAS
TAS has seen average median house prices change by 4.06% which means that Latrobe, 7307 has done well for property investors by showing a capital gain of -5.91% over the last year
Taking the average capital gain, or increase in median house value, Latrobe,7307 has racked up an average of -5.91% over the period. This ranks it number 1393th in the whole country for real estate investors looking at median house price increases.
A $255 per week rent on the median house gives suburb investors a gross yield of circa 5.74%, without taking into account capital value appreciation, which has been averaging out at 0.51%.