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Annual Airbnb Revenue in Cairns, queensland, Australia

Last updated on May 15th, 2024

Cairns, Queensland| Airbnb Market Data & Overview | Australia

Cairns, Queensland
Airbnb Market Data & Overview
Australia

Is it profitable to do Airbnb in Cairns, Queensland, Australia?

What is the occupancy rate of Airbnb in Cairns, Queensland, Australia?

What is the average daily rate of Airbnb in Cairns, Queensland, Australia?

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Cairns, Queensland, Australia Airbnb Data

Last updated on: 15th May, 2024

Australia / Cairns, Queensland
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 rentals typically is double the amount of traditional rentals.
The true profit from home investing comes from capital appreciation and cash flow from your rental. Between 1850 and 2015, globally, the average home value appreciated at 5.5% annually. If your short-term rental yields 3% of your total initial investment, your investment’s annual return is 8.5% before taxes are considered.
Without further ado, let’s see if Cairns, Queensland is good for Airbnb.
Occupancy Rate

74%

$143

Daily Rate

$39K+

Revenue (2023)

9.6%

Net Yield

2,090

Number of Listings

Is Airbnb Profitable in Cairns, Queensland ?

Yes, it’s profitable to Airbnb because the average net rental yield for a one-bedroom property is 9.6%.
The national median net short-term rental yield is 5.4% in the Australia. For more context, a traditional rental can typically yield 2-4% if you don’t have to pay a mortgage interest. A typical 1 bedroom listing in Cairns, Queensland is booked for 285 nights a year, with a median occupancy rate of 78% and an average daily rate of $110. In Cairns, Queensland, A typical host income (annual revenue) was $32,447 in 2023.

Best Areas in Cairns, Queensland for Airbnb

Are you wondering where to invest in Cairns, Queensland? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
  1. Great Barrier Reef
  2. Daintree Rainforest
  3. Skyrail Rainforest Cableway
  4. Kuranda Scenic Railway
  5. Fitzroy Island
  6. Cairns Esplanade
  7. Palm Cove
  8. Tjapukai Aboriginal Cultural Park
  9. Green Island
  10. Barron Gorge National Park
Okay, you might wonder about more specific data. For example, how much can an average listing with 2 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month?
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