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Canberra (Australian capital territory)
Airbnb Market Statistics & Data
Australia

Is it profitable to do Airbnb in Canberra (Australian capital territory), Australia?

What is the occupancy rate of Airbnb in Canberra (Australian capital territory), Australia?

What is the average daily rate of Airbnb in Canberra (Australian capital territory), Australia?


Last updated on: 15th May, 2024



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Australia / Canberra (Australian capital territory)
Investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Without further ado, let's see if Canberra (Australian capital territory) is good for Airbnb.

Is Airbnb Profitable in Canberra (Australian capital territory) ?

Yes, there is a good short-term rental demand.
Occupancy Rate

72%

AU$171

Daily Rate

AU$45K

Revenue (2023)

4,178

Number of Listings
A typical short-term rental listing in Canberra (Australian capital territory) is booked for 263 nights a year, with a median occupancy rate of 72% and an average daily rate of AU$171. In Canberra (Australian capital territory), A typical host income (annual revenue) was AU$45K in 2023. There are 4,178 active Airbnb listings as of 2024-04-15.
A 72% median occupancy rate is considered a good market to do an Airbnb. Take professional photos of your property, get a few good reviews on Airbnb, then you are likely to make good income.
Okay, you might wonder about more specific data. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
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