/New data reveals Hobart’s cheapest rental suburbs

New data reveals Hobart’s cheapest rental suburbs

While there are suburbs in Greater Hobart were a house can be rented for less than $350 a week, options are limited. Picture: SUPPLIED

GREATER Hobart’s most affordable suburb for house renters is Primrose Sands, the latest data has revealed.

For renters hoping to pay $350 per week or less for a house, there are just nine suburbs to choose from.

CoreLogic data for the 12 months through to the end of January have revealed Greater Hobart’s lowest asking median rent was $280 per week at Primrose Sands, $300 at Herdsmans Cove and $305 at Gagebrook.

New Norfolk was the next most affordable suburb at $310, followed by Clarendon Vale and Bridgewater at $315 and $320.

Rokeby, Carlton and Dodges Ferry each came in at $350 per week.

The Hobart, Glenorchy and Kingston municipalities did not record a suburb where houses could be rented for $350 per week or less.

However, it takes just a quick look realestate.com.au’s rental availabilities to see how tight the market remains.

Primrose Sands was the most affordable suburb, but last week there was not one house listed to rent on the property site.

Carlton also had zero house rental listings.

There was just one at Herdsmans Cove and two at Gagebrook, priced around the $285 to $330 per week range.

Meanwhile, at New Norfolk the options were pretty similar, with just three houses available to rent last week.

With five listings, the suburb with the most options was Rokeby.

For renters looking in the unit market, CoreLogic data showed Bridgewater was the most affordable option at $270 per week, closely followed by New Norfolk at $280 and Rokeby at $290.

Greater Hobart’s top 12 suburbs for affordable unit rentals came in between $270 and $320 per week.

Montrose, Brighton, Claremont, Rosetta, Mount Nelson and Midway Point posted median asking rents between $300 and $315, while Glenorchy, Moonah and West Moonah will cost renters $320.

Last month a national rental report from CoreLogic revealed that Hobart renters were paying just $1 less than Melbourne tenants.

It found Hobart was the fifth most expensive city for renters, with rental prices increasing by 5.4 per cent in 12 months.

Real Estate Institute of Tasmania president Tony Collidge says Hobart’s private rental supply had been pushed to its limits and that the State Government and councils needed to find ways of simplifying how more infill housing could be constructed “in and around central Hobart where demand is highest”.

Meanwhile, a new study by Anglicare Tasmania released this week found that there had been a 60 per cent drop in rental listings over the past seven years.