DERWENT VALLEY · HOBART, TAS
Asking-rent research for this ABS statistical area in Derwent Valley. Figures describe the selected postcode.
For the week ending 22 September 2026, SQM Research reports asking rents of $581 per week for houses in postcode 7140. Asking rents were 9% higher than the comparable year-earlier observation; these figures cover the whole postcode, including other localities, and describe advertised rents rather than signed leases.
ASKING RENTS
Weekly asking rent
$581/wk
All houses
Annual change
+9%
Same postcode and property series
Monthly equivalent
$2,518
Calculated as rent × 52 ÷ 12
SQM ResearchWeek ending 2026-09-22Advertised rents, not signed lease prices
Monthly averages of published weekly observations. Missing observations are omitted.
| Month | Houses /wk | Units /wk |
|---|---|---|
| Sep 26 | $576 | $410 |
| Aug 26 | $532 | $414 |
| Jul 26 | $521 | $364 |
| Jun 26 | $575 | $394 |
| May 26 | $577 | $393 |
| Apr 26 | $587 | $396 |
| Mar 26 | $531 | $360 |
| Feb 26 | $553 | $423 |
| Jan 26 | $560 | $512 |
| Dec 25 | $457 | $493 |
| Nov 25 | $489 | $440 |
| Oct 25 | $526 | $438 |
| Sep 25 | $541 | $432 |
| Aug 25 | $462 | $420 |
| Jul 25 | $442 | $351 |
| Jun 25 | $460 | $402 |
| May 25 | $478 | $426 |
| Apr 25 | $474 | $415 |
| Mar 25 | $466 | $384 |
| Feb 25 | $448 | $376 |
| Jan 25 | $450 | $445 |
| Dec 24 | $445 | $402 |
| Nov 24 | $434 | $355 |
| Oct 24 | $438 | $381 |
| Sep 24 | $419 | $398 |
| Aug 24 | $450 | $418 |
| Jul 24 | $437 | $446 |
| Jun 24 | $436 | $451 |
| May 24 | $436 | $550 |
| Apr 24 | $445 | $501 |
| Mar 24 | $466 | $479 |
| Feb 24 | $438 | $376 |
| Jan 24 | $448 | $369 |
| Dec 23 | $457 | $351 |
| Nov 23 | $459 | $349 |
| Oct 23 | $482 | $361 |
| Sep 23 | $432 | $412 |
| Aug 23 | $426 | $460 |
| Jul 23 | $437 | $424 |
| Jun 23 | $425 | $413 |
| May 23 | $427 | $373 |
| Apr 23 | $441 | $345 |
| Mar 23 | $433 | $383 |
| Feb 23 | $411 | $428 |
| Jan 23 | $439 | $359 |
| Dec 22 | $440 | $339 |
| Nov 22 | $439 | $349 |
| Oct 22 | $463 | $347 |
| Sep 22 | $450 | $351 |
| Aug 22 | $430 | $343 |
| Jul 22 | $435 | $391 |
| Jun 22 | $429 | $347 |
| May 22 | $391 | $349 |
| Apr 22 | $417 | $336 |
| Mar 22 | $437 | $340 |
| Feb 22 | $409 | $332 |
| Jan 22 | $401 | $353 |
| Dec 21 | $414 | $305 |
| Nov 21 | $429 | $237 |
| Oct 21 | $405 | $290 |
Verified suburb sale prices are not connected. Use the city page for published ABS sale-price statistics, or enter an actual listing price in the buying calculator.
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WEEK ENDING 22 SEP 2026
Houses in postcode 7140 (New Norfolk) are asking $581 a week, up 9.0% on a year ago; units $466 a week (up 6.1% on a year ago), according to SQM Research for the week ending 22 Sep 2026. That is 6% below the Hobart house average of $616 and 14% below the Hobart unit average of $544.
Over the past year the monthly average house asking rent in postcode 7140 moved from $526 in Oct 25 to $576 in Sep 26.
Across the Derwent Valley council postcode sample, average asking rents are $579 for houses and $470 for units. See every suburb in Derwent Valley.
Postcode 7140 also covers Black Hills, Boyer, Bushy Park (Tas.), Fitzgerald (Tas.), Glenfern (Tas.) and Glenora and 18 more. SQM reports rents by postcode, so these suburbs share the same figures.
Lower house asking rents nearby in Derwent Valley: Collinsvale at $481 (postcode 7012) and Broadmarsh at $529 (postcode 7030).
Keeping $581 a week to 30% of income takes about $1,940 a week after tax. Check what rent fits your income.
Houses in postcode 7140 (New Norfolk) are asking $581 a week, up 9.0% on a year ago; units $466 a week (up 6.1% on a year ago), according to SQM Research for the week ending 22 Sep 2026. These are average advertised rents for the whole postcode, not signed leases.
House asking rents in postcode 7140 are up 9.0% on a year ago. Unit asking rents are up 6.1% on a year ago.
In Derwent Valley, postcodes with lower house asking rents include Collinsvale ($481 a week) and Broadmarsh ($529 a week). Figures cover whole postcodes; compare actual listings before deciding.