University of Tasmania releases report on Hobart’s housing issues

A report on Hobart’s housing supply issues by University of Tasmania academics has found new housing supply has declined over the past five years while the capital city’s population growth accelerated.

The report found housing completions declined by 24 per cent statewide, and while the building and construction workforce has been growing since February 2014, growth was slow.

The report’s authors pointed to significant increases in whole property short-stay accommodation listings in the state, particularly in Hobart’s local government area.

From July 2016 to last February, total statewide listings for Airbnb grew from 1827 to 4459 – a growth of 144 per cent.

Of the statewide listings, 44 per cent were based in greater Hobart.

There was a rise in the price-per-night of Hobart short-term accommodation properties from $152 to $212 over the same period.

Hobart house rentals were up 15.8 per cent over the 12 months to March.

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