Property Prices in Hobart, Australia

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Index Info
Price to Income Ratio: 7.01
Mortgage as Percentage of Income: 64.21%
Loan Affordability Index: 1.56
Price to Rent Ratio - City Centre: 17.52
Price to Rent Ratio - Outside of Centre: 21.20
Gross Rental Yield (City Centre): 5.71%
Gross Rental Yield (Outside of Centre): 4.72%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 2,320.00 A$ 1,900.00-3,800.00
1 Bedroom Apartment Outside of City Centre 1,766.00 A$ 1,330.00-3,400.00
3 Bedroom Apartment in City Centre 3,364.00 A$ 3,000.00-4,500.00
3 Bedroom Apartment Outside of City Centre 2,383.33 A$ 2,000.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 751.77 A$ 650.32-1,486.44
Price per Square Feet to Buy Apartment Outside of Centre 673.54 A$ 464.51-1,114.83
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,471.55 A$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.80 5.00-8.30

These data are based on 54 entries from 8 contributors over the past 18 months.
Last update: 30 October 2025

Sources and References
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