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?
Canberra ACT, Australia Airbnb Data
Last updated on: 15th April, 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.
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. 🚀
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
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?
Signup and check out more in-depth
vacation rental data for free.
