At number 3129th in the list of Australian suburbs ordered by increase in median house value over the last year, Latrobe, 7307 is in the BOTTOM 30% with a property value increase of -2.08% recorded in median house prices.
Over the longer term, Latrobe has seen property prices show investors a -12.96% return over the last 3 years. This is an improvement over the last 12 months
Vendor discounting in Latrobe is giving property investors an average Vendor Discount of around -8.14%. This puts suburb at number 45th in TAS when ranking the most discounted suburbs.
Residents and property investors in Latrobe have been waiting around 137.29 days to sell a property.
With the median price for a house in Latrobe being $235000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 6.42%
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 -10.00%
Taking the average capital gain, or increase in median house value, Latrobe,7307 has racked up an average of -10.00% over the period. This ranks it number 1269th in the whole country for real estate investors looking at median house price increases.