Annual Airbnb Revenue in Greater hobart tas, Australia

Last updated on May 15th, 2024

Greater Hobart TAS| Airbnb Market Data & Overview | Australia

Greater Hobart TAS
Airbnb Market Data & Overview

Is it profitable to do Airbnb in Greater Hobart TAS, Australia?

What is the occupancy rate of Airbnb in Greater Hobart TAS, Australia?

What is the average daily rate of Airbnb in Greater Hobart TAS, Australia?

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Greater Hobart TAS, Australia Airbnb Data

Last updated on: 15th May, 2024

Australia / Greater Hobart TAS
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 Greater Hobart TAS is good for Airbnb.
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Is Airbnb Profitable in Greater Hobart TAS ?

No, it’s not profitable to Airbnb because the average net rental yield for a one-bedroom property is 4.4%.
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 Greater Hobart TAS is booked for 285 nights a year, with a median occupancy rate of 78% and an average daily rate of $105. In Greater Hobart TAS, A typical host income (annual revenue) was $30,760 in 2023.

Best Areas in Greater Hobart TAS for Airbnb

Are you wondering where to invest in Greater Hobart TAS? 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. Hobart CBD
  2. Salamanca Place
  3. Mount Wellington
  4. MONA – Museum of Old and New Art
  5. Battery Point
  6. Cascade Brewery
  7. Richmond Village
  8. Bruny Island
  9. Port Arthur Historic Site
  10. Tasman National Park
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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