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Rental Housing

Overview of rental properties available, including apartments, houses, and share accommodations in Hobart.

Sections

1. Types of Housing Available in Hobart

Hobart offers a variety of rental housing options to suit different needs and budgets. These include:

  • Apartments/Units: Common in the city center and surrounding suburbs. These range from modern high-rise apartments to older-style units.
  • Houses: Freestanding homes are common in suburban areas. These often come with gardens or outdoor spaces, making them ideal for families.
  • Townhouses: A middle ground between apartments and houses, townhouses are multi-level properties often located in suburban areas.
  • Shared Accommodation: Popular among students and young professionals, shared housing involves renting a room in a house or apartment with other tenants.
  • Studio Apartments: Compact, self-contained units suitable for singles or couples.
  • Heritage Homes: Hobart has many older, character-filled properties, particularly in areas like Battery Point and Sandy Bay.

2. Average Rental Costs in Hobart

Rental prices in Hobart have risen in recent years due to increased demand and limited supply. Below are approximate weekly rental costs as of 2023:

  • Apartments/Units: AUD 350–500 for a one-bedroom unit; AUD 450–650 for a two-bedroom unit.
  • Houses: AUD 500–800 for a three-bedroom house; larger homes or those in premium locations (e.g., Sandy Bay, Battery Point) can exceed AUD 1,000 per week.
  • Shared Accommodation: AUD 150–250 per week for a room in a shared house or apartment.

Rental prices vary depending on the location, property size, and condition. Suburbs closer to the city center (e.g., North Hobart, West Hobart, Sandy Bay) tend to be more expensive, while outer suburbs (e.g., Glenorchy, Kingston, Howrah) are more affordable.


3. How to Find Rental Properties in Hobart

There are several ways to search for rental properties in Hobart:

  • Online Platforms:
  • Local Real Estate Agencies: Many agencies in Hobart list rental properties on their websites or in their offices. Examples include Harcourts, Ray White, and Knight Frank.
  • Community Boards and Social Media: Facebook groups like "Hobart Rentals" or "Hobart Buy, Swap, and Sell" often have rental listings.
  • University Housing Services: If you’re a student, the University of Tasmania (UTAS) offers assistance with finding accommodation.
  • Word of Mouth: Networking with locals or colleagues can sometimes lead to rental opportunities not advertised publicly.

4. The Rental Application Process

The rental application process in Hobart is competitive, so it’s important to be prepared. Here’s how it works:

  1. Inspect the Property: Attend an open house or arrange a private inspection. This is your chance to assess the property and ask questions.
  2. Submit an Application: If you’re interested, you’ll need to complete a rental application form. This can usually be done online or through the real estate agency.
  3. Provide Supporting Documents: These typically include:
    • Proof of identity (e.g., passport, driver’s license)
    • Proof of income (e.g., payslips, bank statements, or a letter from your employer)
    • Rental history (e.g., references from previous landlords or property managers)
    • Personal references (if you don’t have a rental history)
  4. Pay a Holding Deposit: If your application is successful, you may be asked to pay a holding deposit to secure the property.
  5. Sign the Lease Agreement: Once approved, you’ll sign a lease agreement and pay the bond (security deposit) and the first month’s rent.

5. Lease Agreements

Lease agreements in Hobart are legally binding contracts that outline the terms of your tenancy. Key points to note:

  • Lease Duration: Most leases are for 6 or 12 months, though shorter or longer terms may be negotiated.
  • Bond (Security Deposit): Typically equivalent to 4 weeks’ rent. This is lodged with the Residential Deposit Authority (RDA) and returned at the end of the tenancy, provided there’s no damage or unpaid rent.
  • Rent Payments: Rent is usually paid weekly or fortnightly. Ensure you understand the payment method (e.g., direct debit, bank transfer).
  • Condition Report: At the start of the tenancy, you’ll receive a condition report detailing the property’s state. Review this carefully and note any pre-existing damage to avoid disputes later.
  • Notice Periods: Tenants must give at least 14 days’ notice to end a lease, while landlords must provide 42–120 days’ notice, depending on the reason for termination.

6. Local Regulations and Tenant Rights

Renting in Hobart is governed by Tasmania’s Residential Tenancy Act 1997. Key regulations include:

  • Repairs and Maintenance: Landlords are responsible for maintaining the property in a safe and habitable condition. Tenants must report any issues promptly.
  • Rent Increases: Rent can only be increased once every 12 months and requires at least 60 days’ written notice.
  • Privacy: Landlords must provide at least 24 hours’ notice before entering the property for inspections or repairs.
  • Dispute Resolution: If disputes arise, tenants can contact the Residential Tenancy Commissioner for assistance.

For more information, visit the Consumer, Building and Occupational Services (CBOS) website, which oversees tenancy matters in Tasmania.


7. Cultural and Practical Considerations

  • Competitive Market: Hobart’s rental market is tight, so act quickly if you find a property you like. Have your documents ready to submit applications promptly.
  • Furnished vs. Unfurnished: Most rental properties in Hobart are unfurnished, so budget for furniture and appliances if needed. Furnished options are more common in short-term or student accommodation.
  • Heating: Hobart’s winters can be cold, so look for properties with adequate heating (e.g., heat pumps, wood heaters).
  • Public Transport: If you don’t have a car, consider properties near bus routes. Metro Tasmania operates Hobart’s public transport system.
  • Pet-Friendly Rentals: If you have pets, note that not all landlords allow them. Look for listings that specify β€œpet-friendly” or discuss this with the property manager.

8. Tips for a Successful Rental Experience

  • Budget Wisely: Factor in additional costs like utilities (electricity, water, internet) and insurance for your belongings.
  • Inspect Thoroughly: Check for issues like dampness, insulation, and the condition of appliances during inspections.
  • Communicate Clearly: Maintain good communication with your landlord or property manager to address any concerns promptly.
  • Understand Your Rights: Familiarize yourself with tenant rights and responsibilities under Tasmanian law.

By following this guide, you’ll be well-equipped to navigate the rental housing market in Hobart. If you have further questions or need assistance, feel free to ask!