Latrobe at a glance
5,519
People
$685,000
Median sale
$480/wk
Median rent
3.64%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
TAS › Latrobe › Gilbert St
3
Bedrooms
2
Bathrooms
2
Car spaces
728 m²
Land
155 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Latrobe (last 5 years) with land size have a median of $819/m² of land (n=77). Districts calculation from recorded sales — not a valuation.
Latrobe at a glance
5,519
People
$685,000
Median sale
$480/wk
Median rent
3.64%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $480/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Latrobe at a glance
5,519
People
$685,000
Median sale
$480/wk
Median rent
3.64%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by View Real Estate Latrobe & DevonportPerfectly located on Latrobe’s main street, this unique property presents a rare opportunity to secure a dual-income investment combining a charming commercial shopfront and a seperate two-bedroom residence.
Shopfront Features:
* Currently tenanted until mid-2026 at $350/week, the front retail space offers great street exposure and flexibility for a range of business uses.(Note: rent increase to $375 p/w 1st May)
* Historic building with good street appeal and visibility
* Large display window and front counter area
* Timber flooring
* Storage space
* Separate toilet
* Newly installed hot water cylinder
* Seperate side yard of 14m x 5m offers street front access (potential for various uses and possible for increased income stream)
Residence Features:
* Privately accessed via Kings Lane, the home is also tenanted until March 2026 at $450/week. (Note: rent increase to $460 p/w 22nd March)
Blending modern updates with charming original features, it provides a warm and inviting living environment in close proximity to all that Latrobe’s main street offers.
* Open plan kitchen, living, and dining with Daikin heat pump, block out roller blinds and ample natural light.
* Two generous bedrooms, one with a feature (non-working) fireplace.
* High ceilings, original timber door trim and high baseboards
* Spacious, modern bathroom with shower over spa bath, heated towel rail and toilet
* Additional playroom/office connecting old and new sections of the home
* Separate laundry with second toilet
* Low-maintenance, fenced yard with paved patio
* Private, additional courtyard
* Detached Colour-bond garage (approx. 10m x 4m)
NOTE: The property was originally configured as a combined commercial and residential space with the living area at the rear of the building. A dividing wall currently separates the two spaces, however, it remains easily accessible and could be reopened with minimal structural work. This presents an ideal opportunity for an owner-operator seeking to establish a business at the front while enjoying the convenience of on-site living — all in a central and sought-after Latrobe location.
Whether you're looking to invest or explore future potential for a live-and-work setup, this property offers excellent value and versatility in a thriving township.
Contact Colin on 0408 666 301 to organise your private inspection.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Listing description written by Colin Leiper, View Real Estate Latrobe & Devonport — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.