Rental pain rising: 77% of Hobart suburbs under pressure

Hobart rents are climbing in most suburbs, a report shows. Picture: Supplied The rental crunch across greater Hobart shows no signs of easing. New September quarter data from realestate.com.au shows growth in median house rents in 42 of 54 suburbs. There were just four suburbs with declining rents and eight with no change. The pain was felt most acutely in Tranmere, where the rental ask has surged by 8.9 per cent — or about $63 per week — over the past three months. Moonah was not far behind with 8.3 per cent growth, and lifestyle suburb Sandford recorded 7.4 per cent growth. Rents dipped in Dynnyrne by 3.9 per cent, Bellerive (3 per cent), and Berriedale and Battery Point (both 0.3 per cent). MORE: Buy a home, help change Tassie lives: House of Hope for sale Pews to possibility: Buyers flock to inspect West Hobart church Divine digs: Hamilton’s rectory hits market Green building, blue-chip tenant: Launceston office tower for sale At $1500 per week, No/59 Lord St, Sandy Bay is at the top of the rental market. Picture: realestate.com.au For $460 per week, renters could lease No.57 Laurel St, Risdon Vale. Picture: realestate.com.au Annual rents showed 17 Hobart suburbs with double-di...