125 Gilbert Street, Latrobe, TAS 7307 | House for sale | OnTheHouse
FOR SALE
$850,000

125 Gilbert Street
Latrobe TAS 7307

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 728m2
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Prime Investment Opportunity in the Centre of Latrobe

Perfectly 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.
* 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)
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Property Details for 125 Gilbert St, Latrobe

125 Gilbert St, Latrobe is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 728m2 and floor size of 155m2. The place is currently for sale with View Real Estate Latrobe & Devonport.

Building Type
House
Floor Size
155m2
Land Size
728m2
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About Latrobe 7307

The size of Latrobe is approximately 62.8 square kilometres. It has 12 parks covering nearly 7.1% of total area. The population of Latrobe in 2016 was 4169 people. By 2021 the population was 5030 showing a population growth of 20.6% in the area during that time. The predominant age group in Latrobe is 60-69 years. Households in Latrobe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Latrobe work in a trades occupation.In 2021, 69.50% of the homes in Latrobe were owner-occupied compared with 68.20% in 2016.

Latrobe has 2,764 properties. Over the last 5 years, Houses in Latrobe have seen a 75.08% increase in median value, while Units have seen a 48.24% increase. As at 30 November 2025:

  • The median value for Houses in Latrobe is $596,892 while the median value for Units is $433,214.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 25 properties listed for sale, and 4 properties listed for rent in Latrobe on OnTheHouse. According to Cotality's data, 128 properties were sold in the past 12 months in Latrobe.

Suburb Insights for Latrobe 7307

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Colin Leiper
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View Real Estate Latrobe & Devonport
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.