Latrobe City is a strategic regional hub in Victoria with a diverse economy spanning energy, manufacturing, education, healthcare, logistics and emerging clean-energy projects. Its proximity to Melbourne and major transport links make it highly accessible for business and investment.
Investment Highlight:
Strong foundational industries: Energy, manufacturing, healthcare, construction, real estate, and education together produce over A$6.6 billion in GRP.
Government-backed industrial precincts:
-Gippsland Logistics Precinct – A$20 million spend; expected to generate ~1,000 jobs.
-Food Manufacturing Precinct – 89 ha IN1 Zoned land adjacent to Lion Dairy; ideal for agri-processing.
-Aerospace & Innovation – Precincts around airport and Federation University, driving R&D and high-tech manufacturing.
Clean energy transition: Massive focus on renewable energy, geothermal, hydrogen production (including Japan-backed A$2.35 billion HESC project), and advanced air mobility.
Approximate Cost
ndustrial land and housing is affordable by Victorian standards
Residential properties average around A$500k–A$1M
Develop-ready commercial land and competitive utility rates
Ideal For who? Latrobe City is perfect for investors seeking affordable growth, first-home buyers looking for value, and businesses needing well-connected commercial or industrial space. It also suits manufacturers, logistics operators, and clean-energy companies drawn to its strategic location and future-focused economy.