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Hobart Rental Prices Keep Climbing, More Tenants in Financial Distress


Cassy O'Connor MP

Cassy O'Connor MP  -  Wednesday, 27 October 2021

Tags: Housing, Housing Crisis, Rent Caps

Cassy O'Connor MP | Greens Leader

The newly released CoreLogic Quarterly Rental Review is yet another reminder of the worsening housing crisis in Tasmania, and the desperate need for government to take action.

The report shows Hobart rents have increased by 12.8% - or $57 per week – in the last year alone. Since mid-2016, rents have gone up over $150 per week.

The need for immediate government action to help protect struggling Tasmanians could not be clearer, or more urgent. They are being priced out of their own paradise.

Massive rent increases like this are not normal or acceptable. These prices are putting enormous pressure on Tasmanian tenants, and pushing more people into financial hardship.

How can the government sit idly by when the average person is now paying $7800 more rent a year than they were just five years ago?

The truth is, the Liberals don’t care. It’s clear they believe housing is a product, not a human right. 

Everyone should have an affordable, secure place to call home. That’s why the Greens tabled legislation to reform the state’s rental laws, and presented a comprehensive plan to tackle the housing crisis.

If the government won’t act, we hope all Members of Parliament support our meaningful action.

CoreLogic Data here: https://www.corelogic.com.au/reports/quarterly-rental-review