Central Coast NSW, Australia
Airbnb Market Data & Overview
Australia

Is it profitable to do Airbnb in Central Coast NSW, Australia, Australia?

What is the occupancy rate of Airbnb in Central Coast NSW, Australia, Australia?

What is the average daily rate of Airbnb in Central Coast NSW, Australia, Australia?

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Central Coast NSW, Australia, Australia Airbnb Data

Last updated on: 15th May, 2024

Australia / Central Coast NSW, Australia
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 Central Coast NSW, Australia is good for Airbnb.
Occupancy Rate

52%

$218

Daily Rate

$40K+

Revenue (2023)

2.9%

Net Yield

2,809

Number of Listings
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Is Airbnb Profitable in Central Coast NSW, Australia ?

No, it's not profitable to Airbnb because the average net rental yield for a one-bedroom property is 2.9%.
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 Central Coast NSW, Australia is booked for 215 nights a year, with a median occupancy rate of 59% and an average daily rate of $117. In Central Coast NSW, Australia, A typical host income (annual revenue) was $25,945 in 2023.

Best Areas in Central Coast NSW, Australia for Airbnb

Are you wondering where to invest in Central Coast NSW, Australia? 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. Port Stephens
  2. Newcastle
  3. Hunter Valley
  4. The Entrance
  5. Terrigal
  6. Central Coast
  7. Avoca Beach
  8. Terrigal Beach
  9. Norah Head
  10. Gosford
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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Explore Central Coast NSW, Australia's Airbnb Data
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