Is it profitable to do Airbnb in Canberra, Australia?
What is the occupancy rate of Airbnb in Canberra, Australia?
What is the average daily rate of Airbnb in Canberra, Australia?
Australia / Canberra
Canberra, Airbnb Market Statistics & Data, Australia
A typical short-term rental listing in Canberra is booked for 263 nights a year, with a median occupancy rate of 72% and an average daily rate of AU$179. In 2023, a typical host income (annual revenue) was AU$46K. As of 12th September, 2024, there are 1,969 active Airbnb listings.
Average Revenue: AU$46K/yr
Occupancy Rate
72%
Avg Daily Rate
AU$179
Mid Scale
No. of Listings
2,648
Medium
YoY Revenue Change
-0.52%
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
AU$3,033
Average
AU$3,825
High
AU$4,589
Is Airbnb Profitable in Canberra?
Yes, there is good short-term rental demand. A 72% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! 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.
Starting an Airbnb in Canberra
Short-term rental regulation is lenient in Canberra. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
We made a guide on things you need to know before starting an Airbnb in Australia, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Canberra
A typical listing recorded a 72% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 10.24% of the guests are international guests, and visitors from Australia is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 72%
1,969 Active Listings
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Explore Canberra's Airbnb Data ⟶
Best Areas in Canberra for Airbnb
Are you wondering where to invest in Canberra? Look no further!
- Australian War Memorial
- National Gallery of Australia
- National Museum of Australia
- Parliament House
- Australian National Botanic Gardens
- Lake Burley Griffin
- Mount Ainslie
- National Library of Australia
- Questacon - National Science and Technology Centre
- Black Mountain Tower
Top demand Airbnb in Canberra
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 1,969 listings.
See 1,969 listing Statistics
Professional Short-term rental property managers in Canberra
We've compiled a list of host profiles that manage the most Airbnb properties in Canberra. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Canberra
Here is a breakdown of short-let properties in Canberra. You might wonder about more specific data before buying an Airbnb property. 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.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type