City of LauncestonEconomic profile
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City of Launceston

Housing rental

At June 2018, the median weekly rental for houses in the City of Launceston was $30 lower compared to Tasmania.

This indicator shows the weekly rental of houses and units in the City of Launceston and wider region during the period 2014-2018. 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: $285 Tasmania: $295 Tasmania: $305 Tasmania: $340 Greater Hobart: $320 Greater Hobart: $330 Greater Hobart: $350 Greater Hobart: $370 Greater Hobart: $420 City of Launceston: $280 City of Launceston: $280 City of Launceston: $290 City of Launceston: $295 City of Launceston: $310
Source: Hometrack 2014-2018, Automated Valuation System
Rental of units
Rental of units Tasmania: $250 Tasmania: $250 Tasmania: $260 Tasmania: $270 Tasmania: $295 Greater Hobart: $270 Greater Hobart: $280 Greater Hobart: $285 Greater Hobart: $300 Greater Hobart: $350 City of Launceston: $225 City of Launceston: $230 City of Launceston: $240 City of Launceston: $250 City of Launceston: $255
Source: Hometrack 2014-2018, Automated Valuation System
Median weekly rental
HousesUnits
Year (at June)City of LauncestonGreater HobartTasmaniaCity of LauncestonGreater HobartTasmania
2018$310$420$340$255$350$295
2017$295$370$305$250$300$270
2016$290$350$295$240$285$260
2015$280$330$285$230$280$250
2014$280$320$280$225$270$250

Source: Hometrack 2014-2018, Automated Valuation System.

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