FREE Rent Statistics made for Tenants by the Tenants' Union.
Welcome to the latest issue of Tasmanian Rents.
Every quarter the Tenants’ Union publishes rent statistics compiled from Bond Lodgement Forms collected by the Rental Deposit Authority. The data is based on information provided by both the landlord and tenant when lodging a bond with the Rental Deposit Authority.
This issue includes statistics from the first quarter of 2019. We compare the weighted median rents of Tasmania’s three geographical regions, which are rents that comprise all property sizes, with their equivalents from the previous quarter and the same quarter of the previous year. In more detailed overviews, you will find median rents for different property sizes (1 bedroom, 2 bedroom etc) in particular regional areas and their change since 2018.
View the current issue here: Tasmanian Rents March 2019
Rents surged in the South, in part likely due to the usual increase in demand at the beginning of the academic year. The North saw moderate increases in the last quarter, while rents in the North West fell by 3.4%. This was the first fall in any region for three quarters.
Greater Hobart had a rent increase of 5.3% for the quarter, while Greater Launceston rose by 1.1% and the urban areas of the North West Coast fell by 3.9%
The Rental Deposit Authority and Tenants’ Union of Tasmania give no warranty regarding the data’s accuracy, completeness, currency or suitability for any particular purpose; and do not accept liability howsoever arising, including but not limited to negligence for any loss resulting from the use of or reliance upon the data.