What are the monthly costs I should consider when renting in Hobart?

When renting in Hobart, consider the monthly rent, averaged at around $ 450 AUD to $ 600 AUD for a one-bedroom apartment in the city center. Utilities can cost approximately $150-$ 200 AUD. Internet services may add around $60-$ 90 AUD to your monthly expenses. Don't forget renters’ insurance, with prices varying based on coverage options.

What are typical upfront fees and costs when renting in Hobart?

Typical upfront costs when renting in Hobart include a bond, usually equal to 4 weeks of rent ($ 1800 AUD - $ 2400 AUD for a median-priced home), and the first month's rent paid in advance. Additionally, there might be a lease agreement fee, which can vary, so anticipate around $ 100 AUD to $ 200 AUD. Remember to account for moving expenses as well.

What is the typical lease agreement duration in city of Hobart?

The typical lease agreement duration in the city of Hobart, Tasmania, is usually 12 months. However, some landlords may offer shorter durations like 6 months, especially for furnished properties. It's essential to discuss and negotiate the lease term with the landlord or agent to ensure it meets your requirements. Remember, the lease duration can impact the security and stability of your housing situation.

Do I need to pay a security deposit when renting in city of Hobart?

Yes, in Hobart, as in most places in Australia, renters typically need to pay a security deposit. This is often at least 4 weeks' rent and should be lodged with the Rental Deposit Authority (RDA) of Tasmania. This deposit is refundable at the end of your lease if the property is in good condition. For details, visit http://www.cbos.tas.gov.au.

How does the rental market in Hobart compare to other regions in Australia?

The rental market in Hobart shows a median rent of around $ 450 AUD for a one-bedroom apartment in the city center, which is more affordable compared to Sydney's approximately $ 720 AUD, but higher than Adelaide's around $ 390 AUD. Hobart offers a competitive market with its unique demand and supply dynamics, driving a distinctive price range compared to these major cities.

Property for rent in Hobart

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96A Cascade Road, South Hobart TAS 7004

7004, South Hobart, Hobart

2 bedrooms
2 bathrooms
House

Step into the past with all the comforts of today in this Fully Furnished, meticulously restored two bedroom, two bathroom property, nestled within a historic building.This unique space has been lovingly transformed into a cozy retreat, blending original architectural features with contemporary furnishings...

552 Property for rent in Hobart listings are price checked

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96A Cascade Road, South Hobart TAS 7004

96B Cascade Road, South Hobart TAS 7004

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