Wellington| Airbnb Market Data & Overview | New Zealand
Wellington Airbnb Market Data & Overview New Zealand
Is it profitable to do Airbnb in Wellington, New Zealand?
What is the occupancy rate of Airbnb in Wellington, New Zealand?
What is the average daily rate of Airbnb in Wellington, New Zealand?
Wellington, New Zealand Airbnb Data
Last updated on: 15th May, 2024
New Zealand / Wellington
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. Without further ado, let’s see if Wellington is good for Airbnb.
A typical short-term rental listing in Wellington is booked for 292 nights a year, with a median occupancy rate of 80% and an average daily rate of NZD164. In Wellington, A typical host income (annual revenue) was NZD48K in 2023. There are 1,964 active Airbnb listings as of 2024-04-15. A 80% median occupancy rate is considered a good market to do an Airbnb. Take professional photos of your property, get a few good reviews on Airbnb, then you are likely to make good income.
Best Areas in Wellington for Airbnb
Best Areas in Wellington for Airbnb Are you wondering where to invest in Wellington? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
Te Papa Tongarewa (Museum of New Zealand)
Wellington Cable Car
Mount Victoria Lookout
Weta Workshop
Wellington Botanic Garden
Zealandia Ecosanctuary
Wellington Waterfront
Matiu/Somes Island
Cuba Street
Old St Paul’s
Okay, you might wonder about more specific data. 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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