fbpx
Categories
Others

Best Airbnb Markets in Australia

Last updated on May 24th, 2024

Best Airbnb Markets in Australia

Best Places to Buy an Airbnb in Australia

Author Image

Last updated on: 12th May, 2024

Australia
79% of Australians responded that they only looked into one city before buying their first vacation rental property. However, by exploring multiple places, you can gain a broader understanding of the real estate landscape, potentially leading to more informed and profitable investment decisions.

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.
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.
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)

  1. 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
  2. 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
  3. 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
  4. 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
  5. 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

Whitsunday Islands, QLD, Australia-market-image

Whitsunday islands, qld, australia

305 listings
87%
Airbnb
Occupancy Rate
$470
Average
Daily Rate
$149,331
Annual
Revenue
Devonport-market-image

Devonport

75 listings
69%
Airbnb
Occupancy Rate
$98
Average
Daily Rate
$26,915
Annual
Revenue
Adelaide SA-market-image

Adelaide sa

4,745 listings
73%
Airbnb
Occupancy Rate
$130
Average
Daily Rate
$35,136
Annual
Revenue
Griffith, Canberra ACT-market-image

Griffith, canberra act

61 listings
74%
Airbnb
Occupancy Rate
$104
Average
Daily Rate
$26,876
Annual
Revenue
Port Lincoln-market-image

Port lincoln

136 listings
73%
Airbnb
Occupancy Rate
$129
Average
Daily Rate
$33,320
Annual
Revenue
Cairns, Queensland-market-image

Cairns, queensland

2,090 listings
74%
Airbnb
Occupancy Rate
$143
Average
Daily Rate
$39,240
Annual
Revenue
Toowoomba QLD-market-image

Toowoomba qld

322 listings
77%
Airbnb
Occupancy Rate
$112
Average
Daily Rate
$30,722
Annual
Revenue
Brisbane, QLD-market-image

Brisbane, qld

6,406 listings
81%
Airbnb
Occupancy Rate
$99
Average
Daily Rate
$30,744
Annual
Revenue
Gold Coast QLD, Australia-market-image

Gold coast qld, australia

8,075 listings
79%
Airbnb
Occupancy Rate
$173
Average
Daily Rate
$49,468
Annual
Revenue
Noosa Heads QLD, Australia-market-image

Noosa heads qld, australia

1,115 listings
78%
Airbnb
Occupancy Rate
$260
Average
Daily Rate
$73,148
Annual
Revenue
Sunshine Coast QLD-market-image

Sunshine coast qld

6,024 listings
73%
Airbnb
Occupancy Rate
$194
Average
Daily Rate
$50,712
Annual
Revenue
Byron Bay-market-image

Byron bay

1,206 listings
68%
Airbnb
Occupancy Rate
$313
Average
Daily Rate
$70,614
Annual
Revenue
Ballarat VIC-market-image

Ballarat vic

551 listings
61%
Airbnb
Occupancy Rate
$125
Average
Daily Rate
$26,420
Annual
Revenue
Dunsborough WA-market-image

Dunsborough wa

558 listings
68%
Airbnb
Occupancy Rate
$217
Average
Daily Rate
$55,346
Annual
Revenue
Greater Bendigo-market-image

Greater bendigo

545 listings
62%
Airbnb
Occupancy Rate
$128
Average
Daily Rate
$28,215
Annual
Revenue
Greater Hobart TAS-market-image

Greater hobart tas

1,838 listings
75%
Airbnb
Occupancy Rate
$133
Average
Daily Rate
$36,764
Annual
Revenue
Port Macquarie NSW-market-image

Port macquarie nsw

515 listings
68%
Airbnb
Occupancy Rate
$140
Average
Daily Rate
$35,779
Annual
Revenue
Yamba NSW, Australia-market-image

Yamba nsw, australia

458 listings
60%
Airbnb
Occupancy Rate
$199
Average
Daily Rate
$43,067
Annual
Revenue
Wollongong, NSW, Australia-market-image

Wollongong, nsw, australia

1,097 listings
69%
Airbnb
Occupancy Rate
$173
Average
Daily Rate
$42,028
Annual
Revenue
Canberra ACT, Australia-market-image

Canberra act, australia

2,113 listings
74%
Airbnb
Occupancy Rate
$112
Average
Daily Rate
$31,219
Annual
Revenue
Greater Geelong-market-image

Greater geelong

2,235 listings
57%
Airbnb
Occupancy Rate
$175
Average
Daily Rate
$34,799
Annual
Revenue
Perth, WA-market-image

Perth, wa

6,698 listings
86%
Airbnb
Occupancy Rate
$106
Average
Daily Rate
$33,935
Annual
Revenue
Melbourne VIC-market-image

Melbourne vic

24,740 listings
72%
Airbnb
Occupancy Rate
$121
Average
Daily Rate
$33,251
Annual
Revenue
Central Coast NSW, Australia-market-image

Central coast nsw, australia

2,809 listings
52%
Airbnb
Occupancy Rate
$218
Average
Daily Rate
$40,534
Annual
Revenue
Eden NSW, Australia-market-image

Eden nsw, australia

83 listings
54%
Airbnb
Occupancy Rate
$181
Average
Daily Rate
$34,738
Annual
Revenue
Sydney NSW-market-image

Sydney nsw

19,125 listings
81%
Airbnb
Occupancy Rate
$130
Average
Daily Rate
$42,442
Annual
Revenue
Townsville QLD, Australia-market-image

Townsville qld, australia

628 listings
70%
Airbnb
Occupancy Rate
$111
Average
Daily Rate
$27,792
Annual
Revenue
Darwin NT, Australia-market-image

Darwin nt, australia

1,138 listings
65%
Airbnb
Occupancy Rate
$144
Average
Daily Rate
$34,493
Annual
Revenue
Alice Springs NT, Australia-market-image

Alice springs nt, australia

104 listings
69%
Airbnb
Occupancy Rate
$95
Average
Daily Rate
$26,125
Annual
Revenue

Shares

Airbnb Data
Airbnb Data

Join The Club!

Get a free weekly
Data-DRIVEN REPORT

will only send you value bombs

ARE YOU IN?

Get Access to our weekly data-driven airbnb report!