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McGrath Research |Hobart Autumn Property Report 2026

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Research

Autumn/26 Hobart Residential

Headlines Hobart recorded a higher number of residential sales over the past year, whilst homes are taking less time to sell than one year ago.

The number of residential rental homes in Hobart is currently undersupplied. Hobart rental vacancy was recorded at 1.4% at the end of Q4/25.

More Hobart homes have been newly listed for sale than this time last year. Overall, the total number of homes listed for sale in Hobart is down on last year.

Residential rents across Hobart trended 3.7% above last year's weekly rate, with rents forecast to rise 7% at the end of 2026.

Hobart residential property prices have trended higher than a year ago with 10.0% growth, with 4% price growth forecast for 2026.

The construction delivery of new homes in Tasmania was 15.9% below a year ago, whilst the cost to build in Hobart escalated 6.0%.


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