Latrobe, TAS 7307
Meander Valley CouncilAll suburbs in postcode 7307
Updated
Median house price
$591,000
ABS statistical area (SA2) median · 2024
An SA2 can take in surrounding localities, so this can differ from sales in Latrobe itself.
Selling in Latrobe?
Get the free selling guide, personalised to Latrobe, or ask for a free appraisal from a local agent.
Latrobe at a glance
- Median unit
- $429,000
- Population
- 5,030
- Median age 43
Prices: ABS statistical area (SA2) median · 2024 · Population: 2021 Census
House prices in Latrobe
Across the ABS statistical area that takes in Latrobe, houses changed hands at $591,000 in 2024, in line with the Tasmania median. An SA2 can take in surrounding localities, so this can differ from sales in Latrobe itself. Units come in around $429,000, roughly 27% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $118,000. Prices are in line with the Tasmania median, so the broader state lending settings apply.
- Weekly rent (house)
- $260/wk
- Weekly rent (unit)
- $250/wk
Rental data as of April 2026
Free appraisal in Latrobe
What’s your home worth in Latrobe?
Ask us to introduce one participating agent who sells in your area for an appraisal backed by recent comparable sales. Only with your permission, and no commitment to list.
What to know about Latrobe
Latrobe (7307) sits in the Meander Valley region of Tasmania. The median house here is $591,000, in line with the Tasmania median of around $650K.
Latrobe has roughly 5,030 residents, with an established, older skew. Households are mostly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
What it’s like to live here
Latrobe scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 22°C (mild), winter mornings around 5°C (cool). Annual rainfall lands at about 919 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 9 government primary, 3 government secondary, 2 Catholic, 3 independent.
Schools in Latrobe
Location
Walkability
- Walk
- 0/100
- Transit
- 0/100
- Bike
- 10/100
Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Latrobe's population at 5,030, with a median age of 43. That sits as an established, older skew. Households are mostly owner-occupied (69% own, 27% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (68% family households, 29% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 68%
- Lone person
- 29%
- Owner occupied
- 69%
- Renter occupied
- 27%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.29% (median rent $260/wk against a $591,000 price tag). Units yield 3.03% gross, often the better cash-flow play for first-time investors. Renter share is modest (27%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
- Gross yield, housesSource: ABS Data by Region (SA2-level, 2024) · Dec 2024
- 2.29%
- On the $591,000 median
- Gross yield, unitsSource: ABS Data by Region (SA2-level, 2024) · Dec 2024
- 3.03%
- On the $429,000 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Weather year-round
- Annual rainfall
- 919 mm
- Hottest month, avg max
- 22.0°C
- Coldest month, avg min
- 4.6°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Latrobe
- What is the median house price in Latrobe?
- The median house price for the ABS statistical area (SA2) that takes in Latrobe, TAS 7307 is $591,000 (2024). An SA2 can take in surrounding localities, so this can differ from sales in Latrobe itself. The median unit price is $429,000.
- How much is my house worth in Latrobe?
- A useful starting point is the Latrobe median house price of $591,000 (units $429,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- What is the Latrobe postcode?
- Latrobe is in the 7307 postcode, in TAS, in the Meander Valley Council region.
- Where is Latrobe?
- Latrobe is a suburb in the Meander Valley Council area, TAS 7307.
- What is the average rent in Latrobe?
- The median weekly rent for houses is $260, for units it's $250.
- What schools are in Latrobe?
- There are 17 schools serving Latrobe on this page, including Latrobe Primary School, St Patrick's Catholic School, Latrobe High School.
- How walkable is Latrobe?
- Latrobe has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 10.
- What suburbs are near Latrobe?
- Latrobe is close to Tarleton, South Spreyton, Ambleside, Spreyton, East Devonport.
- What is the population of Latrobe?
- The population of Latrobe is approximately 5,030 (2021 Census). The median age is 43.
Selling in Latrobe? Get the free selling guide
What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to Latrobe. A free PDF, in about a minute.
More on Latrobe and nearby
Latrobe
Compare side by side
Selling in TAS
Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.