Comparison of Airbnb Occupancy Rates in the cities of Australia: Sydney, Melbourne, Perth & more!
Are you looking for a place that is a continent, a country, and an island at the same time? Then Australia is definitely the answer! Located below the equator of the earth, Australia is also known as the ‘land down under’. Since the pandemic hit the globe, the number of Airbnb listings has declined due to the lockdowns and border closures in Australia. Despite the fact that there is a decrease in the overall total number of listings in this country, you’ll be surprised to know that NOT all Airbnb hosts were affected. Because of the consistent demand for rural getaways in Australia, the Airbnb property occupancy rates (particularly in Sydney & Melbourne) has increased from January to April 2021, according to Business Insider Australia.
Relatively, we managed to notice the comparison of the 2021 and 2022 Tourism statistics in Australia. Therefore, if you are wondering… Is Airbnb profitable or a good investment in this country? If so, which city or neighborhood should I keep my eye on based on Airbnb statistics in Australia? Continue reading & find out what we discovered!
Frequently Asked Questions
Here is a general overview of Australia’s occupancy percentage, median daily rate & average monthly revenue as of April 2022.
In order to come up with accurate data of the respective cities in Australia, we utilized the Airbtics data analytics tool and filtered the listings into 1 bed / 1 bath Apartment (Condo). Check out the following rates in the biggest cities in Australia:
Sydney:
Occupancy Rate: 39%
Median Daily Rate: A$267
Average Monthly Revenue: A$3,374
Melbourne:
Occupancy Rate: 38%
Median Daily Rate: A$199
Average Monthly Revenue: A$2,435
Brisbane:
Occupancy Rate: 48%
Median Daily Rate: A$201
Average Monthly Revenue: A$2,972
Adelaide:
Occupancy Rate: 47%
Median Daily Rate: A$195
Average Monthly Revenue: A$3,052
Perth:
Occupancy Rate: 53%
Median Daily Rate: A$143
Average Monthly Revenue: A$2,616
Darwin:
Occupancy Rate: 53%
Median Daily Rate: A$258
Average Monthly Revenue: A$4,520
