Is it profitable to do Airbnb in Christchurch, New Zealand?
What is the occupancy rate of Airbnb in Christchurch, New Zealand?
What is the average daily rate of Airbnb in Christchurch, New Zealand?
New Zealand
Christchurch, Airbnb Market Statistics & Data, New Zealand
A typical short-term rental listing in Christchurch is booked for 277 nights a year, with a median occupancy rate of 76% and an average daily rate of NZD151. In 2023, a typical host income (annual revenue) was NZD41K. As of 12th September, 2024, there are 2,252 active Airbnb listings.
Average Revenue: NZD41K/yr
Occupancy Rate
76%
Avg Daily Rate
NZD151
Budget
No. of Listings
3,272
Medium
YoY Revenue Change
-0.42%
Best Month
February
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
NZD2,592
Average
NZD3,332
High
NZD4,252
Is Airbnb Profitable in Christchurch?
Yes, there is good short-term rental demand. A 76% 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 Christchurch
Short-term rental regulation is lenient in Christchurch. 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 New Zealand, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Christchurch
A typical listing recorded a 76% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 47.44% of the guests are international guests, and visitors from New zealand 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: 76%
2,252 Active Listings
Signup and check out more in-depth vacation rental data for free.
Explore Christchurch's Airbnb Data ⟶
Best Areas in Christchurch for Airbnb
Are you wondering where to invest in Christchurch? Look no further!
- Christchurch Botanic Gardens
- Canterbury Museum
- Avon River
- Christchurch Arts Centre
- Christchurch Gondola
- Quake City
- New Brighton Beach
- International Antarctic Centre
- Sumner Beach
- Willowbank Wildlife Reserve
Top demand Airbnb in Christchurch
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 2,252 listings.
See 2,252 listing Statistics
Professional Short-term rental property managers in Christchurch
We've compiled a list of host profiles that manage the most Airbnb properties in Christchurch. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Christchurch
Here is a breakdown of short-let properties in Christchurch. 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