Is it profitable to do Airbnb in Mornington Peninsula, Australia?
What is the occupancy rate of Airbnb in Mornington Peninsula, Australia?
What is the average daily rate of Airbnb in Mornington Peninsula, Australia?
Australia / Mornington Peninsula
Mornington Peninsula, Airbnb Market Statistics & Data, Australia
A typical short-term rental listing in Mornington Peninsula is booked for 179 nights a year, with a median occupancy rate of 49% and an average daily rate of AU$445. In 2023, a typical host income (annual revenue) was AU$77K. As of 12th September, 2024, there are 4,271 active Airbnb listings.
Average Revenue: AU$77K/yr
Occupancy Rate
49%
Avg Daily Rate
AU$445
Upscale
No. of Listings
4,981
Medium
YoY Revenue Change
7.83%
Best Month
January
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
AU$4,302
Average
AU$6,035
High
AU$11,033
Is Airbnb Profitable in Mornington Peninsula?
Yes, there is good short-term rental demand. A 49% 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 Mornington Peninsula
Short-term rental regulation is lenient in Mornington Peninsula. 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 Mornington Peninsula
A typical listing recorded a 49% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 9.89% 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: 49%
4,271 Active Listings
Signup and check out more in-depth vacation rental data for free.
Explore Mornington Peninsula's Airbnb Data ⟶
Best Areas in Mornington Peninsula for Airbnb
Are you wondering where to invest in Mornington Peninsula? Look no further!
Top demand Airbnb in Mornington Peninsula
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 4,271 listings.
See 4,271 listing Statistics
Professional Short-term rental property managers in Mornington Peninsula
We've compiled a list of host profiles that manage the most Airbnb properties in Mornington Peninsula. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Mornington Peninsula
Here is a breakdown of short-let properties in Mornington Peninsula. 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