August2025
The City of Hobart's Quarterly Economic Snapshot provides an overview of datasets that give an indication of economic activity in the LGA. To create a complete picture of activity in a place, no one data set should be considered in isolation. Data is updated every quarter as it becomes available.
$412.3M
(Mar 2025 Qtr)
Total Spend, City of Hobart
Quarterly Sum $M
Sources: CommBank, Council iQ
In the March 2025 quarter, resident and visitor spending in the City of Hobart was estimated at $412.3M. This was down 7.5% from the previous quarter due to December being boosted by Xmas spending, but 1.2% up from the same quarter a year ago. There was strong growth in pubs/bars (+12%) and restaurants (+10%) from the previous year which led to night-time spending increasing by 2.6%.
Families were estimated to represent the largest spending cohort in all categories.
Retirees spend more on food (36% share), while young adults are naturally more highly represented in Tourism and Entertainment (34%).
Attraction & Events +26%
(Change from Mar Quarter 2024)
Change in Spending by Category
% change; Ranked by size of spend
Supermarkets
Other Discretionary Retail
Other Discretionary Retail
Department Stores, Clothing & Accessories
Supermarkets
Restaurants
Department Stores, Clothing & Accessories
Groceries and Other Food Retailing
Restaurants
Pubs, Taverns and Bars
Groceries and Other Food Retailing
Private Transport
Pubs, Taverns and Bars
Accommodation - Instore
Private Transport
Accommodation - Online
Accommodation - Instore
Takeaway and Fast Food Outlets
Accommodation - Online
Cafes
Takeaway and Fast Food Outlets
Attractions, Events and Recreation
Cafes
Breweries and Wineries
Attractions, Events and Recreation
Breweries and Wineries
42.4% Families spend (Dec 2024)
Share of Spend by Lifestage
Dec Quarter, $M
Over the twelve months to the June 2025 quarter, the CPI for Hobart rose 1.7%, below the Australian Capital Cities average of 2.1%. This figure was down from the June 2024 quarter, where the CPI annual change was 2.7%. However, it was up from the preceding March 2025 quarter.
The household spending category that saw the largest price growth over the year was Alcohol and Tobacco (7.3%). Transport saw the largest fall (-4.2%).
(Compared to June 2024)
Consumer Price Index Change
Largest Growth
Annual Inflation by Category
Largest Fall
The number of employed residents in the Greater Hobart area was estimated at 131,000 in the June 2025 quarter, down from the year before (131,400).
The average 4 quarter unemployment rate for the City of Hobart was 2.8% and for Greater Hobart 4.1%. Figures were on par with last year but reflect declining participation, not greater employment.
There were an average of 1,609 online job vacancies advertised in the June 2025 quarter, down 25% from the year before.
131,000
(Average Jun Qtr 2025)
4.1% Greater Hobart (4 quarters to March 2025)
1,609 (Average June Qtr 2025)
(from June Qtr 2024)
$215.7M
(4 quarters to Mar 2025)
Value of Building Approvals, CoH
$M, Rolling 12 months
The value of building approvals in the City of Hobart area was estimated at $215.7M in the 12 months to March 2025 quarter, down 5.6% from the year before ($228.5M). Residential building approvals were down (-15%), while nonresidential were up slightly (+2%).
Education ($214M) and Office ($119M) buildings represented the largest value of non-residential buildings approved in the City of Hobart over the three years to March 2025.
Hobart SA2 - $572M
(Last 3 years)
Value Approved, Last 3 Years
Education - $214M
(Last 3 years)
Non-Residential Approvals, City of Hobart, Last 3 Years
$Millions
$975,000 (Median March 2025)
Quarterly Median Sale price ‘000s City of Hobart
The median house price* for the City of Hobart in the March 2025 quarter was estimated at $975,000, up 2.6% from the year before. The median unit price was $600,000, down 10% from the previous year, but up from the preceding quarter.
The median weekly rent for a house in the City of Hobart in the March 2025 quarter was $645, up 3.2% from the year before. The median unit weekly rent was $495 (+4.7%).
$600,000 (Median March 2025)
Quarterly Median Sale price ‘000s
$645/week (Median House Rent Mar 2025)
Weekly Rent Houses Units
Mar-20Sep-20Mar-21Sep-21Mar-22Sep-22Mar-23Sep-23Mar-24Sep-24Mar-25
*Preliminary estimate
Mar-20Sep-20Mar-21Sep-21Mar-22Sep-22Mar-23Sep-23Mar-24Sep-24Mar-25
Sources: PropTrack and housing.id for historical, March 2025 quarter based on .id modelling
Mar-20Sep-20Mar-21Sep-21Mar-22Sep-22Mar-23Sep-23Mar-24Sep-24Mar-25
1,115,000
(4 quarters to Mar 2025)
In the four quarters to March 2025, an estimated 1,115,000 Domestic Overnight Visitors came to the City of Hobart, down slightly (-1%) from the year before. There were an estimated 193,000 international visitors in the four quarters to March 2025, up 13% from the year before.
Domestic passenger numbers to Hobart Airport were estimated at 2,756,000 in the 12 months to March 2025, up 4.3% from the year before.
193,000 (4 quarters to Mar 2025)
Domestic Overnight Visitors ‘000s
Rolling 4 quarter ‘000s
International Overnight Visitors
Rolling 4 quarter ‘000s
2,756,000 (4 quarters to Mar 2025)
Hobart Airport Passengers (Domestic)
Rolling 4 quarter ‘000s
Mar-20Sep-20Mar-21Sep-21Mar-22Sep-22Mar-23Sep-23Mar-24Sep-24Mar-25
Mar-20Sep-20Mar-21Sep-21Mar-22Sep-22Mar-23Sep-23Mar-24Sep-24Mar-25
Mar-20Sep-20Mar-21Sep-21Mar-22Sep-22Mar-23Sep-23Mar-24Sep-24Mar-25
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