Tag: how to rent out a house
How the city became Australia’s most affordable capital in which to rent a house
Hobart has emerged as the most affordable city in which to rent a house – the first time since 2016 the southern capital has been ranked on top.
The median weekly rent for houses in Hobart is $530, a 47 per cent increase from 2016, while the weekly median rent for units is $450, according to the latest Domain Rent Report.
Despite the huge increase in price, recent shifts in the Hobart market, combined with higher demand in other capitals, have led to its top affordability ranking. It is followed by Melbourne and Adelaide, where the weekly median rent