Is it profitable to do Airbnb in Southland, New Zealand?
What is the occupancy rate of Airbnb in Southland, New Zealand?
What is the average daily rate of Airbnb in Southland, New Zealand?
New Zealand
Southland, Airbnb Market Statistics & Data, New Zealand
A typical short-term rental listing in Southland is booked for 245 nights a year, with a median occupancy rate of 67% and an average daily rate of NZD186. In 2023, a typical host income (annual revenue) was NZD45K. As of 12th September, 2024, there are 876 active Airbnb listings.
Average Revenue: NZD45K/yr
Occupancy Rate
67%
Avg Daily Rate
NZD186
Mid Scale
No. of Listings
1,034
Medium
YoY Revenue Change
7.35%
Best Month
January
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
NZD2,557
Average
NZD3,706
High
NZD5,226
Is Airbnb Profitable in Southland?
Yes, there is good short-term rental demand. A 67% 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 Southland
Short-term rental regulation is lenient in Southland. 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 New Zealand, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Southland
A typical listing recorded a 67% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 52.51% of the guests are international guests, and visitors from New zealand 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: 67%
876 Active Listings
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Explore Southland's Airbnb Data ⟶
Best Areas in Southland for Airbnb
Are you wondering where to invest in Southland? Look no further!
Top demand Airbnb in Southland
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 Southland
We've compiled a list of host profiles that manage the most Airbnb properties in Southland. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Southland
Here is a breakdown of short-let properties in Southland. 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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