Is it profitable to do Airbnb in Clarence Valley, Australia?
What is the occupancy rate of Airbnb in Clarence Valley, Australia?
What is the average daily rate of Airbnb in Clarence Valley, Australia?
Australia / Clarence Valley
Clarence Valley, Airbnb Market Statistics & Data, Australia
A typical short-term rental listing in Clarence Valley is booked for 223 nights a year, with a median occupancy rate of 61% and an average daily rate of AU$302. In 2023, a typical host income (annual revenue) was AU$68K. As of 12th September, 2024, there are 851 active Airbnb listings.
Average Revenue: AU$68K/yr
Occupancy Rate
61%
Avg Daily Rate
AU$302
Mid Scale
No. of Listings
963
Small
YoY Revenue Change
17.53%
Best Month
January
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
AU$4,018
Average
AU$5,449
High
AU$8,590
Is Airbnb Profitable in Clarence Valley?
Yes, there is good short-term rental demand. A 61% 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 Clarence Valley
Short-term rental regulation is lenient in Clarence Valley. 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 Clarence Valley
A typical listing recorded a 61% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 11.49% 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: 61%
851 Active Listings
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Explore Clarence Valley's Airbnb Data ⟶
Best Areas in Clarence Valley for Airbnb
Are you wondering where to invest in Clarence Valley? Look no further!
Top demand Airbnb in Clarence Valley
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 851 listings.
See 851 listing Statistics
Professional Short-term rental property managers in Clarence Valley
We've compiled a list of host profiles that manage the most Airbnb properties in Clarence Valley. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Clarence Valley
Here is a breakdown of short-let properties in Clarence Valley. 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.
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