Meander Valley Council
Latrobe
Latrobe at a glance
Median house
$591,000
Median unit
$429,000
Walk score
0
Very car dependent
Population
5,030
Median age 43
The brief
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.
Side by side
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Median, growth, schools, walkability, all in one view.
Day to day
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.
Schooling within or near the suburb covers 9 government primary, 3 government secondary, 2 Catholic, 3 independent.
Who lives here
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.
Population
5,030
Median age
43
Family households
68%
Lone person
29%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $591,000 on a typical sale, in line with the Tasmania median. 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.
Market
The price of a home here.
Median house price
$591,000
+0.0% over the past year. Median unit price $429,000.
Sales data as of December 2024· sales-abs
Rental and ownership
Weekly rent (house)
$260/wk
Weekly rent (unit)
$250/wk
Owner occupied
69%
Renter occupied
27%
At a deeper level
$591,000
$429,000
5,030
Median age: 43
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For investors
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 (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20242.29%
Based on $591,000 median
Gross Yield (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20243.03%
Based on $429,000 median
Annual Growth (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Annual Growth (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202669%
Higher = more owner-occupier demand
Days on Market
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Getting around
Walkability.
0
0
10
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Latrobe.
Local schools for Latrobe
View the catchment for each school to find out more.
Government School Catchment
Latrobe Primary School
Latrobe High School
Spreyton Primary School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Latrobe.
- What is the median house price in Latrobe?
- The median house price in Latrobe, TAS 7307 is $591,000. The median unit price is $429,000. Annual growth is +0.0%.
- What is the Latrobe postcode?
- Latrobe is in the 7307 postcode, in TAS, in the Meander Valley Council region.
- 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?
- Latrobe has approximately 5,030 residents. The median age is 43.
Latrobe
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Surrounding Suburbs
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
Always dated
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