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 April 2025, based on how the local Hobart market performed in March 2025.

March 2025 Summary

Nightly Rates decreased in March 2025 by -6.47% to $241.43, and hosts saw lower occupancy rates at 77.82% across 1,079 listings.

Hosts averaged $1,362.58 per week, yielding 2.49x the annualised average of $547.00 for long-term rentals in Hobart.

Performance

MetricMarch 2025February 2025DifferenceChange
Market Revenue
$6,301,836.11
$7,102,400.93
-$800,564.82
-11.27%
Monthly Revenue
$5,841.14
$6,361.28
-$520.14
-8.18%
Nightly Rate
$241.43
$258.14
-$16.71
-6.47%
Occupancy Rate
77.82%
79.27%
-1.45%
-1.82%
Weekly Revenue
$1,362.58
$1,484.17
-$121.59
-8.19%
Yearly Revenue
$71,066.46
$77,396.86
-$6,330.40
-8.18%
6 total (showing 1 - 6)

Listings & Hosts

MetricMarch 2025February 2025DifferenceChange
Entire Homes
954
972
-17
-1.79%
Hosts
609
629
-20
-3.22%
Hotel Rooms
10
10
-
-
Listings
1,079
1,117
-38
-3.37%
Private Rooms
112
130
-18
-14.07%
Shared Rooms
3
5
-2
-40.00%
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 April 2025 at 1:01 am.