Last updated on May 24th, 2024
Best Places to Buy an Airbnb in Australia
Last updated on: 12th May, 2024
Australia
We have gathered up all the important short-term rental indicators for you, so you don’t have to spend hours.
These are the 29 best places to start an Airbnb in Australia, with an average host revenue of $3.52K+/month. A typical listing is booked for 276 nights a year. Whitsunday Islands, QLD, Australia (24.7%), Port Lincoln (10.8%), Cairns, Queensland (9.6%) are the most profitable Airbnb locations with the highest Net Short Term Rental yields.
Our Methodologies Data explanations … Read More
Occupancy Rate: It tells how often was a typical active property occupied over the last 12 months? The formula is “number_of_booked_days / number_of_available_days”.
Average Daily Rate: How much did hosts in this market charge per day over the last 12 months? This does not include cleaning fees.
Revenue: What’s the median revenue a property in this market generated over the last 12 months? This Revenue figure represents the median over the past 12 months and does not include taxes, service fees, or additional guest fees.
Number of listings: It is the total active listings over the past 12 months.
How do we collect the data?
Airbtics’ primary data source is attained through a web scraping software that directly takes data points from Airbnb. We also have secondary data sources from Airbnb hosts via iCal or vacation rental managers.
Airbtics’ primary data source is attained through a web scraping software that directly takes data points from Airbnb. We also have secondary data sources from Airbnb hosts via iCal or vacation rental managers.
How accurate is the data?
Airbtics is dedicated to providing the most accurate data available in the market. Through the application of data science and machine learning algorithms, we train our various classifiers to consistently improve our data’s accuracy.
Airbtics is dedicated to providing the most accurate data available in the market. Through the application of data science and machine learning algorithms, we train our various classifiers to consistently improve our data’s accuracy.
In addition to this, we make predictions based on Airbnb’s total revenue and it is 97% correlated with Airbnb’s official statement.
Top Airbnb markets in Australia (with the highest Net Short Term Rental yields)
Whitsunday Islands, QLD
Whitsunday Islands, QLD, Australia is a tropical paradise famous for its crystal-clear waters, white sandy beaches, and vibrant coral reefs, attracting tourists from around the world. Visitors can indulge in snorkeling, sailing, and relaxing on the pristine beaches while enjoying the stunning beauty of this picturesque island destination.- Airbnb Occupancy Rate: 87%
- Average Daily Rate: $470
- Annual Revenue: $149,331
- Total Listings: 305
Adelaide SA
Adelaide, SA, Australia is a vibrant city famous for its lively festivals, thriving arts scene, and delicious food and wine culture. Visitors can explore the historic architecture, beautiful parks, and bustling markets that give Adelaide its unique charm.- Airbnb Occupancy Rate: 73%
- Average Daily Rate: $130
- Annual Revenue: $35,136
- Total Listings: 4,745
Cairns, Queensland
Cairns, Queensland, Australia is a tropical paradise renowned for its close proximity to the Great Barrier Reef, offering world-class diving and snorkeling experiences. This vibrant city is also a gateway to the lush rainforests of Daintree and Kuranda, providing visitors with opportunities to explore diverse ecosystems and encounter unique wildlife.- Airbnb Occupancy Rate: 74%
- Average Daily Rate: $143
- Annual Revenue: $39,240
- Total Listings: 2,090
Toowoomba QLD
Toowoomba, QLD, Australia is a charming city known for its beautiful parks, gardens, and annual Carnival of Flowers, attracting tourists with its colorful displays and vibrant atmosphere. Visitors can explore the historical sites, enjoy outdoor activities, and indulge in the local food and wine scene.- Airbnb Occupancy Rate: 77%
- Average Daily Rate: $112
- Annual Revenue: $30,722
- Total Listings: 322
Brisbane, QLD
Brisbane, QLD, Australia is a vibrant city known for its bustling cultural scene, diverse culinary offerings, and beautiful riverside parks. Tourists can explore the iconic South Bank, visit the Lone Pine Koala Sanctuary, and enjoy stunning views from the Story Bridge.- Airbnb Occupancy Rate: 81%
- Average Daily Rate: $99
- Annual Revenue: $30,744
- Total Listings: 6,406
All Profitable Airbnb Markets to Invest in Australia
