More than 400 short-stay accommodation properties were taken off the market in the first quarter of this year.
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A government report of the sector showed there were 5054 properties listed on short-stay platforms between January and March.
There were 2403 properties listed as a primary place of residence and 2651 properties listed as a secondary place of residence.
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Sixty per cent of Greater Hobart listings were people sharing their own home.
There were 486 listings in Launceston, 52 in Burnie, 100 in Devonport, and 1148 in Hobart.
In traditionally holiday areas, there were 120 short-stay properties listed on the Central Coast, 282 in Break O'Day and, and 489 in Glamorgan-Spring Bay.
Housing Minister Roger Jaensch said the data within the report showed government regulations around short-term accommodation were working as intended.
"The Tasmanian Liberal Government will continue to monitor and analyse further short-stay data when the next quarter's results are released," he said.
Labor housing spokeswoman Alison Standen said the figures represented little to do with the government's action and more to do with the impact of coronavirus in Tasmania.
"It must be remembered that the period covered - January to March - includes only a few weeks' impact from the closure of the state's borders because of COVID-19," she said.
"In the following period from April to June we could expect to see even more vacant properties because of the significant drop in visitors to Tasmania.
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