City of LauncestonEconomic profile
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City of Launceston

Housing rental

At June 2016, the median weekly rental for houses in the City of Launceston was the same compared to Tasmania.

This indicator shows the weekly rental of houses and units in the City of Launceston 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: $280 Tasmania: $280 Tasmania: $275 Tasmania: $280 Tasmania: $280 Tasmania: $290 Tasmania: $310 Greater Hobart: $330 Greater Hobart: $320 Greater Hobart: $320 Greater Hobart: $325 Greater Hobart: $330 Greater Hobart: $350 Greater Hobart: $370 City of Launceston: $280 City of Launceston: $270 City of Launceston: $270 City of Launceston: $280 City of Launceston: $280 City of Launceston: $290 City of Launceston: $300
Source: Hometrack 2011-2016, Automated Valuation System
Rental of units
Rental of units Tasmania: $240 Tasmania: $240 Tasmania: $235 Tasmania: $250 Tasmania: $250 Tasmania: $250 Tasmania: $265 Greater Hobart: $270 Greater Hobart: $265 Greater Hobart: $260 Greater Hobart: $270 Greater Hobart: $275 Greater Hobart: $285 Greater Hobart: $300 City of Launceston: $220 City of Launceston: $215 City of Launceston: $220 City of Launceston: $223 City of Launceston: $223 City of Launceston: $225 City of Launceston: $245
Source: Hometrack 2011-2016, Automated Valuation System
Median weekly rental
HousesUnits
Year (at June)City of LauncestonGreater HobartTasmaniaCity of LauncestonGreater HobartTasmania
2017$300$370$310$245$300$265
2016$290$350$290$225$285$250
2015$280$330$280$223$275$250
2014$280$325$280$223$270$250
2013$270$320$275$220$260$235
2012$270$320$280$215$265$240
2011$280$330$280$220$270$240

Source: Hometrack 2011-2016, Automated Valuation System.

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