Is it profitable to do Airbnb in Onkaparinga, Australia?
What is the occupancy rate of Airbnb in Onkaparinga, Australia?
What is the average daily rate of Airbnb in Onkaparinga, Australia?
Australia / Onkaparinga
Onkaparinga, Airbnb Market Statistics & Data, Australia
A typical short-term rental listing in Onkaparinga is booked for 223 nights a year, with a median occupancy rate of 61% and an average daily rate of AU$287. In 2023, a typical host income (annual revenue) was AU$64K. As of 12th September, 2024, there are 786 active Airbnb listings.
Average Revenue: AU$64K/yr
Occupancy Rate
61%
Avg Daily Rate
AU$287
Mid Scale
No. of Listings
881
Small
YoY Revenue Change
8.35%
Best Month
January
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
AU$3,753
Average
AU$5,112
High
AU$7,788
Is Airbnb Profitable in Onkaparinga?
Yes, there is good short-term rental demand. A 61% 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 Onkaparinga
Short-term rental regulation is lenient in Onkaparinga. 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 Onkaparinga
A typical listing recorded a 61% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 7.89% 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: 61%
786 Active Listings
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Explore Onkaparinga's Airbnb Data ⟶
Best Areas in Onkaparinga for Airbnb
Are you wondering where to invest in Onkaparinga? Look no further!
Top demand Airbnb in Onkaparinga
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 786 listings.
See 786 listing Statistics
Professional Short-term rental property managers in Onkaparinga
We've compiled a list of host profiles that manage the most Airbnb properties in Onkaparinga. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Onkaparinga
Here is a breakdown of short-let properties in Onkaparinga. 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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