Ambleside vs Latrobe
Property investment comparison - Ambleside, TAS 7310 vs Latrobe, TAS 7307
Head-to-head across core investment metrics: Ambleside wins 1, Latrobe wins 4. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Ambleside | Latrobe |
|---|---|---|
| Median house price | $680K | $675K |
| Median unit price | - | $485K |
| Gross rental yield (houses) | 4.09% | 4.55% |
| Gross rental yield (units) | 3.41% | 4.98% |
| 1-year house growth | +12.6%estimate | +12.2% |
| 3-year house growth | - | +25.6% |
| Vacancy rate | 1.7% | 1.1% |
| Population | 695 | 5,030 |
Ambleside vs Latrobe: what the numbers say
The median house price is $680K in Ambleside and $675K in Latrobe, so Latrobe is the cheaper entry point, with Ambleside houses about 1% dearer.
On cash flow, Latrobe leads: houses there return a gross rental yield of 4.55%, compared with 4.09% in Ambleside, a gap of 0.46 percentage points.
Over the past year house prices moved +12.6% in Ambleside (an estimate) and +12.2% in Latrobe, so recent momentum favours Ambleside, although both suburbs recorded growth.
Rental vacancy is 1.1% in Latrobe and 1.7% in Ambleside, so landlords in Latrobe face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Latrobe is the bigger suburb, with a population of 5,030 against 695, roughly 7 times the size of Ambleside; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Latrobe for rental income, Latrobe for a lower purchase price, Ambleside for recent price momentum, Latrobe for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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