Average rent in King Island, TAS — 2026

King Island sits below the Tasmania median, with the typical renter paying $190/week — 35% less than the state-wide $293/week baseline (ABS Census 2021). The suburb skews owner-occupied: 67% own outright or with a mortgage, and only 25% rent. Housing stock is dominated by separate houses (95%), with limited high-density development. Population sits at 1,617, the median age is 45, and the most common occupation is Managers. 13% of residents were born overseas. King Island is 436km from Hobart, often putting it outside the inner-ring rent pressure zone — though state-level rent indices show the 2021 baseline is now meaningfully out of date. Your reported figure above gives the live read; the Census number anchors the historical baseline.