Is it profitable to do Airbnb in North Canberra, Australia?
What is the occupancy rate of Airbnb in North Canberra, Australia?
What is the average daily rate of Airbnb in North Canberra, Australia?
Australia / North Canberra
North Canberra, Airbnb Market Statistics & Data, Australia
A typical short-term rental listing in North Canberra is booked for 274 nights a year, with a median occupancy rate of 75% and an average daily rate of AU$186. In 2023, a typical host income (annual revenue) was AU$50K. As of 12th September, 2024, there are 876 active Airbnb listings.
Average Revenue: AU$50K/yr
Occupancy Rate
75%
Avg Daily Rate
AU$186
Mid Scale
No. of Listings
1,080
Medium
YoY Revenue Change
7.22%
Best Month
September
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
AU$3,680
Average
AU$4,243
High
AU$4,803
Is Airbnb Profitable in North Canberra?
Yes, there is good short-term rental demand. A 75% 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 North Canberra
Short-term rental regulation is lenient in North Canberra. 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 North Canberra
A typical listing recorded a 75% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 14.06% 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: 75%
876 Active Listings
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Explore North Canberra's Airbnb Data ⟶
Best Areas in North Canberra for Airbnb
Are you wondering where to invest in North Canberra? Look no further!
Top demand Airbnb in North Canberra
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 876 listings.
See 876 listing Statistics
Professional Short-term rental property managers in North Canberra
We've compiled a list of host profiles that manage the most Airbnb properties in North Canberra. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in North Canberra
Here is a breakdown of short-let properties in North Canberra. 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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