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Tassie rents soaring again


Tasmanian tenants are continuing to feel the squeeze from what's being described as a "very difficult" rental market under "significant pressure".

The latest quarterly Domain Rental Report is likely to renew calls from senior figures, including Hobart Lord Mayor Anna Reynolds and Speaker Sue Hickey, for the growing short-stay accommodation sector to be put on a leash. 

Domain says Hobart home rents have risen 30 per cent in the last three years, including a hike of more than 2 per cent in the December quarter, while units were up nearly 4 per cent in the last three months of the year. 

Launceston hasn't been spared with the median rent rising 6 per cent in 2019.

It's too early to say whether a 20 per cent surge in Tasmanian dwelling approvals in the last two years could ease the pressure, as new housing supply comes onto the market.