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 › Palmers Rd
$1,250,000
Last sold
12 June 2026
3
Bedrooms
2
Bathrooms
14
Car spaces
54,991 m²
Land
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
$1,250,000
12 June 2026 · derived via latest_sale
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.
Vs Latrobe
+82.5%
Median sale
Suburb $685,000
-1.64 pp
Gross yield
Suburb 3.64%
Suburb median $685,000 from 37 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Latrobe Local Provisions Schedule
Zone
Agriculture
119.21
Jurisdiction
Latrobe (Tas.)
Latrobe (Tas.), TAS
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
TASZoned Agriculture · 119.21 (Latrobe Local Provisions Schedule). Official parcel area about 55,081 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Agriculture · 119.21 (Latrobe Local Provisions Schedule). Official parcel area about 55,081 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby 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?
KnownmediumOfficial parcel about 55,081 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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.
Area
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 Ray White Living HerePositioned in a tightly held rural pocket just minutes from town, 203A Palmers Road, Latrobe delivers the ultimate blend of lifestyle, productivity, and accessibility. Whether you're chasing a high-quality hobby farm, equine setup, or a peaceful country escape with real capability, this property has been thoughtfully developed to perform.
Built as a forever home, the residence is stylish, modern, and intelligently designed, offering a warm blend of contemporary living and country charm. Inside, the home strikes the perfect balance between modern finishes and family functionality, highlighted by a feature brick fireplace that brings a true sense of comfort and character. The well-appointed kitchen is complemented by a butler's pantry, adding both practicality and extra storage, while a separate study offers flexibility as a home office, nursery, or potential fourth bedroom. Bathrooms are finished with rich slate textures, adding depth and a premium feel throughout.
Step outside and the lifestyle really comes to life, a sun-drenched front deck provides the perfect place to enjoy your morning coffee while soaking in the peaceful surrounds and all-day sun. The home is set in a well-sheltered position, protected from prevailing winds, enhancing comfort year-round.
Surrounded by established native bushland, the property offers exceptional privacy and a true sense of calm, creating a serene, tucked-away setting that feels a world away while still being incredibly convenient. This is a property that sits quietly, away from public view, offering a genuine escape.
The land itself is where this property truly shines. Broken into three well-sized paddocks (approx. 1.8ha, 1.75ha, and 1ha), the entire property has been fully fenced with ring-lock and wallaby-proofing, making it ideal for livestock, horses, or continued agricultural use. Fertile red soil underpins strong productivity, with a proven history of cropping including potatoes, beans, and poppies.
Infrastructure is a standout, with a huge shed positioned just metres from the home, perfect for machinery, storage, or workshop use, along with additional open and enclosed shedding, a hay shed, chook pen, and water troughs to all paddocks. Two 26,000L water tanks provide reliable supply, and the property has previously produced over 330 square bales, even while stocked and without fertiliser, a testament to the land's capability.
Location ties it all together. You're under 5 minutes to Latrobe, approximately 10 minutes to Devonport and the Spirit of Tasmania terminal, and just down the road from the beaches of Port Sorell and Shearwater, delivering the perfect mix of rural living and coastal convenience.
Key Features:
• Stylish modern home with a warm country feel
• Feature brick fireplace creating a cosy living hub
• Butler's pantry for added functionality and storage
• Separate study / home office (potential 4th bedroom or nursery)
• Bathrooms finished with rich tile textures
• Sun-soaked front deck - perfect for morning coffee
• Private setting surrounded by native bushland
• Sheltered from prevailing winds for year-round comfort
• Approx. 4.5+ hectares of fertile, productive land
• Three paddocks (approx. 1.8ha, 1.75ha & 1ha)
• Fully fenced with ring-lock and wallaby-proofing
• Water troughs to all paddocks
• Proven cropping history (spuds, beans, poppies)
• Excellent hay production (330+ bales previously)
• Huge shed positioned close to the home + additional shedding
• Chook pen and excellent supporting infrastructure
• 2 x 26,000L water tanks
• Huge shed/workshop for all your needs
• 3 Phase Power
• Ideal for horses, hobby farming or lifestyle buyers
• 5 mins to Latrobe, 10 mins to Devonport & Spirit of Tasmania
• Close to Port Sorell & Shearwater beaches
A rare opportunity to secure a private, peaceful, and highly functional lifestyle property with genuine productivity and a modern country feel.
Enquire today to experience everything this outstanding property has to offer.
**We have no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
Listing description written by Jayden Brown, Ray White Living Here — reproduced as published, not verified by Districts.