- Jul 8, 2017
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There's a huge shortage of rental properties in Hobart, a lot of investor owners have gone the air bnb route.The fine print here though.
“The latest report showed tenants in Hobart were spending 29 per cent of their wages on rent with Sydney renters close behind with 27 per cent, followed by Adelaide, Brisbane, Melbourne, Canberra and Perth.”
Sydney obviously would have a higher average wage but not for everyone and Sydney would have some properly high earning exec types that Hobart likely doesn’t seriously skewing those wage figures.
Go on real estate.com. 2 bedder in the East of Sydney isn’t getting you change from a thousand bucks, comparatively $500-$600 gets you the equivalent in Hobart.
I’m sure Hobart is exxy and I gotta admit I was shocked it was $500-$600 but it’s still foolish to compare the two imo.