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 › Magnolia Ave
$717,500
Last sold
11 Sept 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
790 m²
Land
208.3 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$717,500
11 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Latrobe (last 5 years) with land size have a median of $813/m² of land (n=76). 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.
Vs Latrobe
+4.7%
Median sale
Suburb $685,000
-0.16 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 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
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?
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.
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 McGrath DevonportPerfectly crafted for modern family living, this newly built contemporary home boasts an open-plan design that seamlessly connects the living areas, creating an inviting atmosphere for both everyday living and entertaining. The heart of the home is its stylish kitchen, featuring sleek stone benchtops, a generous walk-in pantry, and high-quality finishes that will delight any home chef.
This residence offers four spacious bedrooms, including a master suite that exudes luxury with its large walk-in wardrobe and expansive ensuite, providing a private retreat for relaxation.
One of the standout features of this home is the expansive outdoor alfresco area, making it the perfect space for hosting summer barbecues.
The property also includes a spacious double garage, offering secure parking and additional storage space for all your needs.
The large block size offers plenty of space for family and pets with rear yard access with potential for a shed if required. (STCA)
Situated in the charming town of Latrobe, 28 Magnolia Avenue is more than just a home-it's a lifestyle opportunity in a flourishing community. Nestled in an exciting new subdivision, this location offers the ideal balance of modern living and small-town charm. With its picturesque surroundings, excellent amenities, and a welcoming atmosphere, Latrobe is rapidly becoming a sought-after destination for families, professionals, and retirees alike.
Living here means enjoying the best of both worlds-peaceful suburban living with easy access to all the vibrant offerings of the North-West Coast.
- Completed in 2024 by RFS Projects
- Modern design and high-quality finishes
- Open floor plan ideal for families
- Stylish kitchen with stone benchtops and a generous walk-in pantry
- Large outdoor alfresco area
- Includes a spacious double garage for secure parking and extra storage
- Large block size offers plenty of space for family and pets with potential for a shed (STCA)
- Become part of a vibrant, growing community on the North-West Coast
*Final landscaping at the rear of the property currently being completed.
*McGrath Devonport believe information contained is accurate however interested parties should rely upon their own enquires. Plans are indicative only.
Listing description written by Vanessa Goodwin, McGrath Devonport — reproduced as published, not verified by Districts.