Is it profitable to do Airbnb in Sandton, South Africa?
What is the occupancy rate of Airbnb in Sandton, South Africa?
What is the average daily rate of Airbnb in Sandton, South Africa?
South Africa
Sandton, Airbnb Market Statistics & Data, South Africa
A typical short-term rental listing in Sandton is booked for 186 nights a year, with a median occupancy rate of 51% and an average daily rate of ZAR934. In 2023, a typical host income (annual revenue) was ZAR173K. As of 12th September, 2024, there are 2,135 active Airbnb listings.
Average Revenue: ZAR173K/yr
Occupancy Rate
51%
Avg Daily Rate
ZAR934
Budget
No. of Listings
3,519
Medium
YoY Revenue Change
0.64%
Best Month
December
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
ZAR11,400
Average
ZAR14,342
High
ZAR18,412
Is Airbnb Profitable in Sandton?
Yes, there is good short-term rental demand. A 51% 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 Sandton
Short-term rental regulation is lenient in Sandton. 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 Sandton
A typical listing recorded a 51% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 27.68% 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: 51%
2,135 Active Listings
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Explore Sandton's Airbnb Data ⟶
Best Areas in Sandton for Airbnb
Are you wondering where to invest in Sandton? Look no further!
- Nelson Mandela Square
- Sandton City Mall
- Johannesburg Stock Exchange
- Liliesleaf Farm
- Wanderers Cricket Stadium
- Montecasino
- The Mall of Africa
- The River Club Golf Course
- James and Ethel Gray Park
- Gautrain Rapid Rail Link
Top demand Airbnb in Sandton
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 2,135 listings.
See 2,135 listing Statistics
Professional Short-term rental property managers in Sandton
We've compiled a list of host profiles that manage the most Airbnb properties in Sandton. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Sandton
Here is a breakdown of short-let properties in Sandton. 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