Is it profitable to do Airbnb in Hobart, Australia?
What is the occupancy rate of Airbnb in Hobart, Australia?
What is the average daily rate of Airbnb in Hobart, Australia?
Australia / Hobart
Hobart, Airbnb Market Statistics & Data, Australia
A typical short-term rental listing in Hobart is booked for 263 nights a year, with a median occupancy rate of 72% and an average daily rate of AU$208. In 2023, a typical host income (annual revenue) was AU$52K. As of 12th September, 2024, there are 1,710 active Airbnb listings.
Average Revenue: AU$52K/yr
Occupancy Rate
72%
Avg Daily Rate
AU$208
Mid Scale
No. of Listings
2,084
Medium
YoY Revenue Change
-10.09%
Best Month
January
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
AU$3,036
Average
AU$4,392
High
AU$5,508
Is Airbnb Profitable in Hobart?
Yes, there is good short-term rental demand. A 72% 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 Hobart
Short-term rental regulation is lenient in Hobart. 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 Hobart
A typical listing recorded a 72% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 20.71% 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: 72%
1,710 Active Listings
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Explore Hobart's Airbnb Data ⟶
Best Areas in Hobart for Airbnb
Are you wondering where to invest in Hobart? Look no further!
- Hobart CBD
- Salamanca Place
- Mount Wellington
- MONA - Museum of Old and New Art
- Battery Point
- Cascade Brewery
- Richmond Village
- Bruny Island
- Port Arthur Historic Site
- Tasman National Park
Top demand Airbnb in Hobart
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 1,710 listings.
See 1,710 listing Statistics
Professional Short-term rental property managers in Hobart
We've compiled a list of host profiles that manage the most Airbnb properties in Hobart. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Hobart
Here is a breakdown of short-let properties in Hobart. 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