People who live in Tasmania: rent, losses and capital gains, 2023-24
In 2023-24, 36,120 people living in Tasmania declared rent, and 43% of them made a loss on it, a lower share than the 55% across Australia.
What did landlords in Tasmania declare?
| Tasmania | |
|---|---|
| People who declared rent | Tasmania 36,120 |
| Share of taxpayers who declared rent | Tasmania 11% |
| Average rent declared | Tasmania $22,100 |
| Average interest claimed | Tasmania $9,100 |
| Average capital works claimed | Tasmania $1,000 |
| Average other rental costs claimed | Tasmania $9,700 |
| Share who made a loss | Tasmania 43% |
| Average loss, among them | Tasmania $7,900 |
| Average net rent | Tasmania $2,200 |
Worked out from ATO, Taxation Statistics 2023-24, under CC BY 2.5 AU. How we work these out.
What did people claim for rental properties in Tasmania?
In 2023-24, people lodged 59,599 rental property schedules for properties in Tasmania, and claimed $0.8 billion of costs on them. Interest on loans was the largest, 47% of it.
| Cost | Schedules claiming it | Share of all costs claimed |
|---|---|---|
| Interest on loans | Schedules claiming it 40,016 | Share of all costs claimed 47% |
| Council rates | Schedules claiming it 55,021 | Share of all costs claimed 8% |
| Property agent fees | Schedules claiming it 34,622 | Share of all costs claimed 7% |
| Repairs and maintenance | Schedules claiming it 43,990 | Share of all costs claimed 7% |
| Insurance | Schedules claiming it 50,322 | Share of all costs claimed 6% |
| Water charges | Schedules claiming it 49,893 | Share of all costs claimed 5% |
| Capital works | Schedules claiming it 22,303 | Share of all costs claimed 5% |
| Land tax | Schedules claiming it 42,388 | Share of all costs claimed 4% |
| The other 11 kinds | Schedules claiming it | Share of all costs claimed 11% |
Each person lodges a schedule for each rental property they have an interest in, so a home owned by two people has two. These count schedules for properties in Tasmania, wherever their owners live, not properties or people. The ATO counted 2024 schedules processed by 31 October 2025, so these may not be complete.
From ATO, Taxation Statistics 2023-24, Individuals Tables 26 and 27, read 13 Nov 2026, under CC BY 2.5 AU. How we read these.
How many rental properties do people living in Tasmania have an interest in?
In 2023-24, of the people living in Tasmania who lodged a rental property schedule, 74% had an interest in one property, 17% in two and 9% in three or more.
| Rental property interests | People | Share |
|---|---|---|
| 1 interest | People 26,871 | Share 74% |
| 2 interests | People 6,288 | Share 17% |
| 3 interests | People 1,896 | Share 5% |
| 4 interests | People 650 | Share 2% |
| 5 interests | People 274 | Share 1% |
| 6 or more interests | People 305 | Share 1% |
The same property can have more than one person with an interest in a year, as joint owners, or a seller and a buyer, and one person can have an interest in more than one. These come from the rental property schedules people lodged, not their tax returns, so they count slightly different people from the figures above.
From ATO, Taxation Statistics 2023-24, Individuals Tables 26 and 27, read 13 Nov 2026, under CC BY 2.5 AU. How we read these.
How many people living in Tasmania declared a capital gain?
In 2023-24, 22,054 people living in Tasmania declared a net capital gain, 7% of its 336,615 taxpayers, against 8% across Australia. Their average net capital gain was $21,100, against $30,000 across Australia.
These are gains of every kind, such as on shares, a business or property anywhere, counted where each person lives, not gains on property sold in Tasmania.
Worked out from ATO, Taxation Statistics 2023-24, under CC BY 2.5 AU. How we work these out.
What does each region of Tasmania show?
| Region | People who declared rent | Share who made a loss |
|---|---|---|
| Hobart | People who declared rent 17,687 | Share who made a loss 45% |
| Launceston and North East | People who declared rent 9,620 | Share who made a loss 42% |
| South East | People who declared rent 2,165 | Share who made a loss 32% |
| West and North West | People who declared rent 6,620 | Share who made a loss 44% |