Johannesburg| Airbnb Market Data & Overview | South Africa
Johannesburg Airbnb Market Data & Overview South Africa
Is it profitable to do Airbnb in Johannesburg, South Africa?
What is the occupancy rate of Airbnb in Johannesburg, South Africa?
What is the average daily rate of Airbnb in Johannesburg, South Africa?
Johannesburg, South Africa Airbnb Data
Last updated on: 15th May, 2024
South Africa / Johannesburg
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. Without further ado, let’s see if Johannesburg is good for Airbnb.
A typical short-term rental listing in Johannesburg is booked for 201 nights a year, with a median occupancy rate of 55% and an average daily rate of ZAR654. In Johannesburg, A typical host income (annual revenue) was ZAR131K in 2023. There are 2,149 active Airbnb listings as of 2024-04-15. A 55% median occupancy rate is considered a good market to do an Airbnb. Take professional photos of your property, get a few good reviews on Airbnb, then you are likely to make good income.
Best Areas in Johannesburg for Airbnb
Best Areas in Johannesburg for Airbnb Are you wondering where to invest in Johannesburg? 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. 🚀
Apartheid Museum
Nelson Mandela Square
Gold Reef City
Constitution Hill
Johannesburg Zoo
Soweto
Montecasino
Maboneng Precinct
Johannesburg Botanical Garden
Walter Sisulu National Botanical Garden
Okay, you might wonder about more specific data. 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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