Hobart has seen a big jump in the number of properties on the rental market in the past year, but the reasons are unclear and many properties are still unaffordable.
Although there are more rentals on the market in Hobart, people still cannot afford them, experts sayExperts say the rental crisis will continue until rentals joining the market include affordable housing for lower-income residents
She ended up finding a rental near Dunalley, about an hour out of the city, and making the regular commute."I actually made the decision a few months ago to purchase a car that I could sleep out of, so I could be in Hobart a lot more, because the petrol prices are too much for me to continually go back from Dunalley to Hobart," Ms Booth said.
"It was the only feasible option where I'd be able to see my friends and live a happier life being around the things I love around Hobart — but, ideally, I'd have a base, a home. I'd be able to be around every night."A property report compiled by real estate analysts PropTrack has found that Hobart experienced a big jump in new rental listings in April, when compared to the same period last year.
"We just don't have the statistics to point to one specific reason as to what is happening," Mr McGregor said.Examples of these factors, he said, could include rental agreements expiring and coming back onto the market — potentially at a higher price and so not getting filled quickly — residents leaving the city in search of cheaper rentals, or owners listing investment properties online for rent for the first time as mortgage repayments bite.
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