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7008 · TAS

New Town

Data updated Q4 2025 · 112 bond lodgements/qtr

HouseUnit
Median rent$600/wk$400/wk
1yr change 11.1%(was $540/wk) 11.1%(was $360/wk)
3yr change 38.9%(was $432/wk) 38.9%(was $288/wk)
Vacancy rate1.3%low availability
Bond lodgements112 per quarter

Vacancy rate context

A healthy rental market sits around 3% vacancy. At 1.3%, availability in New Town is low. Competition for rentals remains high, giving landlords above-average leverage.

Other suburbs in TAS

Sandy Bay$680/wk 11.1%
Battery Point$720/wk 11.1%
Hobart CBD$650/wk 11.1%
Launceston$480/wk 11.1%
Devonport$430/wk 11.1%
Glenorchy$550/wk 11.1%

Median rents are calculated from rental bond lodgements submitted to state government authorities (NSW Fair Trading, RTBA VIC, RTA QLD, CBS SA, DMIRS WA). Data is updated quarterly and represents the median weekly rent for new tenancies.

$/wk
Median rent in New Town (2-bed unit): $340/wkQ4 2025 · 112 bonds