Cradle Coast RegionEconomic profile
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Cradle Coast Region

Housing rental

At June 2016, the median weekly rental for houses in King Island Council area was $280 lower compared to Tasmania.

This indicator shows the weekly rental of houses and units in the Cradle Coast Region and wider region during the period 2011-2016. Housing weekly rentals are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Rental of houses
Rental of houses Tasmania: $310 Tasmania: $290 Tasmania: $280 Tasmania: $280 Tasmania: $275 Tasmania: $280 Tasmania: $280 Greater Hobart: $370 Greater Hobart: $350 Greater Hobart: $330 Greater Hobart: $325 Greater Hobart: $320 Greater Hobart: $320 Greater Hobart: $330 King Island Council area: $480 King Island Council area: $400 King Island Council area: $505 King Island Council area: $0 King Island Council area: $0 King Island Council area: $0 King Island Council area: $0
Source: Hometrack 2011-2016, Automated Valuation System
Rental of units
Rental of units Tasmania: $260 Tasmania: $250 Tasmania: $250 Tasmania: $250 Tasmania: $235 Tasmania: $240 Tasmania: $240 Greater Hobart: $300 Greater Hobart: $285 Greater Hobart: $275 Greater Hobart: $270 Greater Hobart: $260 Greater Hobart: $265 Greater Hobart: $270 King Island Council area: $0 King Island Council area: $380 King Island Council area: $420 King Island Council area: $0 King Island Council area: $0 King Island Council area: $0 King Island Council area: $0
Source: Hometrack 2011-2016, Automated Valuation System
Median weekly rental
HousesUnits
Year (at June)King Island Council areaGreater HobartTasmaniaKing Island Council areaGreater HobartTasmania
2011$0$330$280$0$270$240
2012$0$320$280$0$265$240
2013$0$320$275$0$260$235
2014$0$325$280$0$270$250
2015$505$330$280$420$275$250
2016$400$350$290$380$285$250
2017$480$370$310$0$300$260

Source: Hometrack 2011-2016, Automated Valuation System.

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