Is it profitable to do Airbnb in Newcastle, The United States?
What is the occupancy rate of Airbnb in Newcastle, The United States?
What is the average daily rate of Airbnb in Newcastle, The United States?
The United States / Newcastle
Newcastle, Airbnb Market Statistics & Data, The United States
A typical short-term rental listing in Newcastle is booked for 241 nights a year, with a median occupancy rate of 66% and an average daily rate of $128. In 2023, a typical host income (annual revenue) was $34K. As of 12th September, 2024, there are 26 active Airbnb listings.
Average Revenue: $34K/yr
Occupancy Rate
66%
Avg Daily Rate
$128
Mid Scale
No. of Listings
37
Small
YoY Revenue Change
-16.81%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$1,389
Average
$2,610
High
$3,949
Is Airbnb Profitable in Newcastle?
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 Newcastle
Short-term rental regulation is lenient in Newcastle. 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 The United States, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Newcastle
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 8.42% of the guests are international guests, and visitors from United states 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%
26 Active Listings
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Explore Newcastle's Airbnb Data ⟶
Best Areas in Newcastle for Airbnb
Are you wondering where to invest in Newcastle? Look no further!
- Pike Place Market
- Space Needle
- Chihuly Garden and Glass
- Museum of Pop Culture
- Seattle Waterfront
- Woodland Park Zoo
- Kerry Park
- Seattle Great Wheel
- Discovery Park
- Washington Park Arboretum
Top demand Airbnb in Newcastle
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 26 listings.
See 26 listing Statistics
Other short-term rental market data in Newcastle
Here is a breakdown of short-let properties in Newcastle. 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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Amenities
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Cancelation Policy Type
By Channel Type