Tasmanian rental crisis continues to worsen

Tasmanian Labor

Tasmania's rental crisis continues to worsen as prices continue to soar past rentals in major cities across Australia, according to CoreLogic's latest Quarterly Rental Report.

The report shows that over the last decade Hobart rentals have increased the most out of any capital city in Australia, at nearly 70 per cent.

This means that the average renter is now forced to fork out an extra $11,400 per year.

Hobart's most affordable suburb, Claremont, with an average weekly rent of $442, has surpassed Sydney, Melbourne, Brisbane, Perth and Adelaide's most affordable suburbs.

In fact, the most affordable units available in Hobart are more than $100 a week, or $5000 a year, more expensive than the most affordable units in Sydney.

Tasmanians who are doing it toughest in the middle of a health, housing and cost of living crisis are also being exposed to the highest rents of any state at the 'affordable' end of the market.

All Tasmanians deserve a safe place to call home but this government is more concerned about building an unnecessary $750 million stadium than focussing on the needs of Tasmanians struggling to get by.

After years of failing to get the basics right on housing, this government needs to act now to ease the rental crisis in Tasmania.

Rebecca White MP

Tasmanian Labor Leader

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.