Is it profitable to do Airbnb in Griffith, Canberra ACT, Australia?
What is the occupancy rate of Airbnb in Griffith, Canberra ACT, Australia?
What is the average daily rate of Airbnb in Griffith, Canberra ACT, Australia?
Australia / Griffith, Canberra ACT
Griffith, Canberra ACT, Airbnb Market Statistics & Data, Australia
A typical short-term rental listing in Griffith, Canberra ACT is booked for 241 nights a year, with a median occupancy rate of 66% and an average daily rate of AU$174. In 2023, a typical host income (annual revenue) was AU$41K. As of 12th September, 2024, there are 56 active Airbnb listings.
Average Revenue: AU$41K/yr
Occupancy Rate
66%
Avg Daily Rate
AU$174
Mid Scale
No. of Listings
72
Small
YoY Revenue Change
-13.78%
Best Month
September
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
AU$2,735
Average
AU$3,374
High
AU$4,050
Is Airbnb Profitable in Griffith, Canberra ACT?
Yes, there is good short-term rental demand. A 66% 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 Griffith, Canberra ACT
Short-term rental regulation is lenient in Griffith, Canberra ACT. 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 Griffith, Canberra ACT
A typical listing recorded a 66% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 12.45% 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: 66%
56 Active Listings
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Explore Griffith, Canberra ACT's Airbnb Data ⟶
Best Areas in Griffith, Canberra ACT for Airbnb
Are you wondering where to invest in Griffith, Canberra ACT? Look no further!
- National Gallery of Australia
- Australian War Memorial
- Parliament House
- National Museum of Australia
- National Arboretum Canberra
- Lake Burley Griffin
- Australian National Botanic Gardens
- Telstra Tower
- Mount Ainslie
- Australian National University
Top demand Airbnb in Griffith, Canberra ACT
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 56 listings.
See 56 listing Statistics
Professional Short-term rental property managers in Griffith, Canberra ACT
We've compiled a list of host profiles that manage the most Airbnb properties in Griffith, Canberra ACT. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Griffith, Canberra ACT
Here is a breakdown of short-let properties in Griffith, Canberra ACT. 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