Is it profitable to do Airbnb in Mpumalanga, South Africa?
What is the occupancy rate of Airbnb in Mpumalanga, South Africa?
What is the average daily rate of Airbnb in Mpumalanga, South Africa?
South Africa
Mpumalanga, Airbnb Market Statistics & Data, South Africa
A typical short-term rental listing in Mpumalanga is booked for 157 nights a year, with a median occupancy rate of 43% and an average daily rate of ZAR1,383. In 2023, a typical host income (annual revenue) was ZAR212K. As of 12th September, 2024, there are 2,536 active Airbnb listings.
Average Revenue: ZAR212K/yr
Occupancy Rate
43%
Avg Daily Rate
ZAR1,383
Budget
No. of Listings
3,446
Medium
YoY Revenue Change
6.56%
Best Month
December
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
ZAR13,635
Average
ZAR18,945
High
ZAR27,840
Is Airbnb Profitable in Mpumalanga?
No, there is good short-term rental demand. A 43% 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 Mpumalanga
Short-term rental regulation is lenient in Mpumalanga. 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 South Africa, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Mpumalanga
A typical listing recorded a 43% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 20.88% of the guests are international guests, and visitors from South africa 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: 43%
2,536 Active Listings
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Explore Mpumalanga's Airbnb Data ⟶
Best Areas in Mpumalanga for Airbnb
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Top demand Airbnb in Mpumalanga
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 2,536 listings.
See 2,536 listing Statistics
Professional Short-term rental property managers in Mpumalanga
We've compiled a list of host profiles that manage the most Airbnb properties in Mpumalanga. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Mpumalanga
Here is a breakdown of short-let properties in Mpumalanga. 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.
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