Capital Markets

Hobart Market Report

Hobart is a bustling city with a vibrant arts and cultural scene. The short-term rental market in Hobart has grown in recent years, as the city has become a popular destination for both domestic and international travellers.

Hobart City Profile

Despite its small size, Hobart is a bustling city with a vibrant arts and cultural scene. The short-term rental market in Hobart has grown in recent years, as the city has become a popular destination for both domestic and international travellers.

Our Capital Markets reports aim to provide a transparent view of the short-term rental market in Hobart on a month-to-month basis. We take in large sets of data and translate it into actionable insights for hosts, free of charge.

This report offers insight into the market conditions for March 2025, based on how the local Hobart market performed in February 2025.

February 2025 Summary

Nightly Rates decreased in February 2025 by -10.68% to $258.14, and hosts saw lower occupancy rates at 79.27% across 1,117 listings.

Hosts averaged $1,484.17 per week, yielding 2.71x the annualised average of $547.00 for long-term rentals in Hobart.

Performance

MetricFebruary 2025January 2025DifferenceChange
Market Revenue
$7,102,400.93
$8,722,342.24
-$1,619,941.32
-18.57%
Monthly Revenue
$6,361.28
$7,551.13
-$1,189.85
-15.76%
Nightly Rate
$258.14
$289.00
-$30.85
-10.68%
Occupancy Rate
79.27%
84.05%
-4.78%
-5.69%
Weekly Revenue
$1,484.17
$1,762.09
-$277.92
-15.77%
Yearly Revenue
$77,396.86
$91,872.83
-$14,475.96
-15.76%
6 total (showing 1 - 6)

Listings & Hosts

MetricFebruary 2025January 2025DifferenceChange
Entire Homes
972
1,017
-45
-4.46%
Hosts
629
646
-16
-2.54%
Hotel Rooms
10
10
-
-
Listings
1,117
1,155
-39
-3.34%
Private Rooms
130
124
7
+5.47%
Shared Rooms
5
5
-
-
6 total (showing 1 - 6)
Cosmo does not provide financial, legal or accounting advice. All estimates are based on past performance of nearby listings, but are not guaranteed to be accurate or reliable. Actual performance may vary. Updated 15 March 2025 at 1:00 am.