Average rent in Summerhill - Prospect, TAS — 2026

Summerhill - Prospect sits close to the Tasmania median, with renters typically paying $290/week — within striking distance of the state-wide $293/week baseline (ABS Census 2021). The suburb is largely owner-occupied: 69% of households own outright or with a mortgage, and only 28% rent. Housing stock is dominated by separate houses (77%), giving the suburb a settled, family-oriented character that's reflected in the median age of 40 and a population of around 4,958. The most common occupation is Professionals, and 10% of residents were born overseas. 157km from Hobart, Summerhill - Prospect is the kind of mid-market suburb that usually sees stable rent trajectories rather than rapid spikes — though state rent indices since 2021 are worth checking against your reported figure above.