Hobart property market: the official numbers
The official read on Hobart, TAS: who lives there, what they pay in rent and repayments, and where the jobs are. Every figure below is ABS Census 2021 data, linked at the bottom so you can check it yourself.
The straight answer
Median rent in Hobart was $350 a week at the 2021 Census — 7% below the national median. Rent all but covered the typical mortgage repayment ($1,517 against $1,517 a month) — that's a cashflow shape, not a scarcity story.
Hobart by the numbers
The typical repayment ran at about 22% of the median household income. One caveat before you compare: everything here is August 2021. Repayments in particular have jumped since the 2022–24 rate rises. Treat these as a ranking tool, not a price tag.
Rent against the repayment
At the census, the typical monthly rent worked out to $1,517 against a typical mortgage repayment of $1,517:
How to read the rent-repayment gap
The mortgage figure reflects loans and rates as at August 2021, before the 2022–24 rate rises — today's repayment on a new loan would be higher. The rent figure is what tenants were actually paying, not today's asking rents. The useful signal is the shape: where rent and repayments sit close together, buying has historically competed well with renting here; where repayments tower over rent, the market prices in growth. Run your own numbers with the mortgage vs invest tool or what can I afford?
The owner–renter split
Renters are 29.8% of Hobart households. If you're buying to let, that's the depth of your market — about the national norm.
Who calls Hobart home
What the age mix means for housing
A heavy 25–44 band usually means family housing demand (and pressure on 3–4 bedroom stock); a heavy 65+ band signals downsizer and retiree demand (units, single-level living, proximity to health care). Hobart's median age of 38 sits right on the national median of 38.
What the local economy runs on
health care & social assistance employs 17.0% of Hobart's 109,439 workers (Census 2021). Local housing demand rises and falls with it.
Buying costs in TAS, exactly
We don't republish licensed price feeds, so for today's sale prices check a licensed source. The costs of buying, though, are public and exact:
- Stamp duty in Tasmania — exact duty and first-home-buyer concessions.
- What can I afford? — borrowing power, price range and all-in upfront cash.
- The official TAS price trend — ABS state-level values since 2011, interactive.
Questions people ask
What is the median rent in Hobart?
At the 2021 Census the median rent in Hobart was $350 a week — 7% below the national median ($375/wk). Rents have moved since 2021; check current listings for today's asking rents.
How many people live in Hobart?
226,653 people at the 2021 Census, with a median age of 38 (national median: 38). Hobart is one of Tasmania's significant urban areas as defined by the ABS.
What do people in Hobart do for work?
The biggest employing industry is health care & social assistance, followed by education & training (ABS Census 2021). The industry mix shapes how resilient local housing demand is.
Where this leaves you
Your call
On the census shape, Hobart suits the cashflow buyer: the typical rent ($1,517/mo) sat right up against the typical repayment ($1,517/mo). It's a weaker fit for anyone banking on scarcity to do the work.
Everything above is August 2021 — before you act, pull current asking rents, vacancy and listing volumes for Hobart. Then run your own numbers: what can I afford? for borrowing power and upfront cash, and the Tasmania stamp duty calculator for the tax bill.
More TAS snapshots
Launceston · Devonport · Burnie - Somerset · Ulverstone
All cities & hubs: the full directory.
General information only — not financial or property advice. All figures are ABS Census 2021 ( official QuickStats for Hobart, CC-BY 4.0), which predates the 2022–24 rate rises; conditions have moved since. Last reviewed 10 July 2026.