Back 8 Spring Grove
Off Market

8 Spring Grove

Latrobe TAS 7307

786 m²
Land
Last sold for $230,000
Vanessa GoodwinVanessa Goodwin, last sold this property on 18 June 2025 after 106 days on market.

Overview

DEVELOPMENT OPPORTUNITY

Located on the out skirts of the township of Latrobe, this spacious 786m² residential block offers a fantastic opportunity for development. Just minutes from the town centre, this property provides convenient access to local shops, schools, cafes, and essential services. Positioned within sight of the Latrobe Hospital, it's an excellent location for a two-unit development (STCA), ideal for medical professionals, hospital staff, or those seeking accommodation close to healthcare facilities. With Devonport less than a 10-minute drive away, this location offers the best of both worlds, a relaxed, community focused lifestyle with easy access to city conveniences, including major shopping centres, the Spirit of Tasmania terminal, and the Devonport Airport. The popular Anvers Chocolate Factory and surrounding attractions are just around the corner, while Launceston is just over an hour's drive, making commuting a breeze. - Land size approximately 786m² - Residential zoning, ideal for a two-unit development (STCA) (plans available on request) - Convenient access to Latrobe's shops, schools, and services - Close to Devonport, Anvers Chocolate Factory, and major transport links - Easy commute to Launceston - Quiet, family-friendly neighbourhood - Strong potential for high rental demand - Excellent investment opportunity Whether you're looking to develop, invest, or build, this well-located property is a fantastic opportunity. Contact us today for more details. McGrath Devonport believes the information contained is accurate; however, interested parties should rely upon their own enquiries. Plans are indicative only.

Features

786 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Latrobe over the last 12 months, the estimated median property value of 8 Spring Grove is $185k.

Median value
$185k
Estimated value range
$116k - $230k
Median days on market
233
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Latrobe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8 Spring Grove

2025
Sold
$230,000
18 Jun 2025 by Vanessa Goodwin, of McGrath Devonport
2021
Sold
$607,000
Private Sale/Treaty on 25 Aug 2021 by Brad Green
2021
Sold
$100,000
03 Mar 2021 by Julie Gale, of Harcourts Devonport & Shearwater

Happy sellers in Latrobe

89%
89% of sellers in Latrobe reported that their sale price either exceeded or met their price expectations.

Latrobe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Latrobe over the last 12 months.

Local market activity for land plots in Latrobe

In the last 12 months, 7 land plots similar to 8 Spring Grove, have been sold.

This represents a 42% increase in land plots sales when compared to the previous 12 months.

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