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Annual Airbnb Revenue in Canberra act, Australia

Last updated on May 15th, 2024

Canberra ACT| Airbnb Market Data & Overview | Australia

Canberra ACT
Airbnb Market Data & Overview
Australia

Is it profitable to do Airbnb in Canberra ACT, Australia?

What is the occupancy rate of Airbnb in Canberra ACT, Australia?

What is the average daily rate of Airbnb in Canberra ACT, Australia?

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Canberra ACT, Australia Airbnb Data

Last updated on: 15th May, 2024

Australia / Canberra ACT
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 Canberra ACT is good for Airbnb.
Occupancy Rate

74%

$112

Daily Rate

$31K+

Revenue (2023)

4.3%

Net Yield

2,113

Number of Listings

Is Airbnb Profitable in Canberra ACT ?

No, it’s not profitable to Airbnb because the average net rental yield for a one-bedroom property is 4.3%.
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 Canberra ACT is booked for 285 nights a year, with a median occupancy rate of 78% and an average daily rate of $106. In Canberra ACT, A typical host income (annual revenue) was $30,909 in 2023.

Best Areas in Canberra ACT for Airbnb

Are you wondering where to invest in Canberra ACT? 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. Australian War Memorial
  2. National Gallery of Australia
  3. National Museum of Australia
  4. Parliament House
  5. Australian National Botanic Gardens
  6. Lake Burley Griffin
  7. Mount Ainslie
  8. National Library of Australia
  9. Questacon – National Science and Technology Centre
  10. Black Mountain Tower
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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