• Bendigo presents itself as a dynamic destination for short-term rental investments, boasting a balanced economy, stable property market, and large number of overnight visitors.
• Airbnb hosts in Bendigo can earn up to A$60,125 annually with a 73% occupancy rate for a 2-bedroom property, as confirmed by Airbtics’ analyzer.
• Using Airbtics’ Airbnb Host Calculator, we’ve identified the top markets for short-term rental investments in Bendigo, providing data-driven insights for property investors striving for optimal returns.

Unveiling the Top Bendigo Suburbs for Lucrative Property Investments

The City of Greater Bendigo is situated in the central part of Victoria, a destination full of historical and cultural charm that blends its old architectural style with the contemporary perfectly.

With its welcoming atmosphere, fascinating history, and cultural attractions, Bendigo attracts a high influx of tourists yearly, earning the title of Victoria’s top tourism town. This coupled with its stable real estate market and balanced economy allows the city to be an attractive spot for real estate investments.

But, there are a few steps that you must take before purchasing a property and listing it on platforms like VRBO and Airbnb. For instance, it’s vital to run a data analysis to find out important factors like the market’s profitability, occupancy rates, seasonality, and more. With an Airbnb market report, you won’t be missing out on great opportunities as you will be able to strategize with data-driven insights.

Looking for the best suburbs to invest in Bendigo? In this article, you will discover the potential spots to invest in short-term rentals in Bendigo, including their essential Airbnb metrics. Keep reading, make informed decisions, and capitalize on the region’s unique appeal!

Why invest in Bendigo’s real estate market? 

Greater Bendigo features a bustling cultural scene for visitors and locals alike. Yet, it also offers an enticing market for property investors seeking to create a lucrative income stream through short-term rentals. Explore key reasons why investing in the property market in Bendigo is a wise idea:

• STABLE PROPERTY MARKET

One of the biggest advantages of buying a property investment in Bendigo is its housing market since it has relatively affordable prices, allowing investors to enter the market at lower costs. Moreover, this also helps you to obtain a higher return on investment! The average house price in Bendigo is currently around A$523,750 for houses and A$430,000 for units.

Aside from its property values, the region has been experiencing steady demographic growth in recent years. This coupled with the region’s resilient economy, allows the housing market to grow favorably and increase its value appreciation. 

• SOLID RENTAL MARKET

The rental market in Bendigo is strong considering its booming tourism sector and high demand for lettings due to the population increase. This opens the doors to hosts to a STR venture that allows them to generate a positive cash flow and high rental yields. 

• TOP TOURISM TOWN

Bendigo caters to diverse interests with its thriving food and wine scene, vibrant cultural scene, fascinating history, and friendly community. This destination was recognized as one of the UNESCO Creative Cities of Gastronomy, attracting dozens of foodie lovers yearly. On top of that, the region’s gold rush heritage is also one of its touristic main attractions with historic buildings, parklands, and charming bluestone cobbled laneways. Now, most of these areas have been transformed into contemporary restaurants, cafes, and bars where you can enjoy exquisite dishes.

Considering its booming tourism sector, Bendigo also gained the title of Top Tourism Town by the Victoria Tourism Industry Council! Investors looking to cater to short-term accommodations for tourists can expect a rewarding experience! 

• BALANCED AND FLUCTUATION-RESISTANT ECONOMY

With a steadily growing economy, Bendigo is a prosperous region that has experienced solid industrial and commercial development in recent years. While gold mining played a crucial role in its economic development, the region evolved and diversified its industries. As of now, Bendigo has different thriving sectors like education, healthcare, agriculture, and services.

Characterized by its resilience, adaptability, and a well-balanced array of industries, Greater Bendigo establishes itself as a dynamic economic hub in Victoria.

Is Airbnb Profitable in Bendigo?

Worried that a rental property in Bendigo won’t provide you with a good return on investment?  Put your inquiries to rest, as Airbtics is here to affirm their value! Bendigo provides plenty of opportunities for lucrative holiday rentals. In fact, Greater Bendigo stands out as one of the most profitable Airbnb locations in Australia! 

• New Zealand’s stunning landscapes, positive economic growth, and stability contribute to its attractiveness for both visitors and investors, creating a great environment for Airbnb real estate investments.
• Discover what can you expect from real estate investments in New Zealand by knowing the the market dynamics and potential challenges.
• Using Airbtics’ Airbnb Host Calculator, the top 13 markets for short-term rental investments in New Zealand have been identified, providing valuable insights for property investors seeking optimal returns.

Unveiling New Zealand’s Prime Short-Term Rental Hotspots

Located in the southwestern Pacific Ocean, New Zealand is a fascinating country featuring breathtaking natural beauty. With landscapes ranging from golden beaches and lush forests to majestic mountains, this island country has what it takes to leave a strong and lasting impact on those who visit.

Aside from its breathtaking beauty, NZ is also a profitable country to make an Airbnb real estate investment considering that it welcomes a large influx of overnight visitors and has a strong economy that continues to grow and evolve.

But, before investing in a STR property in New Zealand, you must run an Airbnb data analysis to get a better overview of the rental markets that you can target and determine the profitability based on important key metrics.

Looking for the best place to buy a rental property in NZ? In this article,  you will find the top cities for short-term rental investments in New Zealand with their Airbnb metrics. We also feature some advantages of investing in real estate and its legality in NZ!

Why Invest in a Rental Property in New Zealand? 

It’s a given fact that New Zealand is a haven for nature and adventure lovers. Moreover, it has been enjoying positive economic growth lately. Thanks to these points, this country has become a magnet for visitors and investors alike.

Here are the top reasons why you should invest in a buy-to-let property in NZ:

• TOP SHORT-TERM RENTAL MARKET IN OCEANIA

Short-term rentals are a solid contributor to New Zealand’s economy and help locals earn a nice supplementary income amidst the rising living costs. According to Airbnb’s 2019 report, over 40% of international visitors stayed at an Airbnb in New Zealand! Moreover, New Zealand’s cities like Auckland and Queenstown became the top trending travel spots for 2022 and 2023 international travel.

Besides, New Zealand also ranks among the top STR markets in Oceania. So if you’re aiming to cater to short-term accommodations, New Zealand is a great choice. 

• STRONG REAL ESTATE & RENTAL MARKETS

Another advantage of buying a property investment in NZ is its property market since it has experienced steady growth in the past few years. The demographic increase, resilient economy, and favorable tax structure are major factors that contributed to the housing market growth and its value appreciation. 

The rental market in NZ is strong considering its thriving tourism & business industry that allows the properties to generate a consistent cash flow and attractive rental yields. Digital platforms such as Airbnb and VRBO have gained a lot of popularity and have become a vital contributors to the country’s economy.

• NEW ZEALAND OWNS A STRONG TOURIST MARKET

New Zealand is an attractive country that draws millions of tourists yearly. As one of the most fascinating destinations to visit, it ranks high when it comes to tourism! This island country welcomed around 1.4 million tourist arrivals in 2022, with an increase in international visitors. Moreover, visitor arrivals are forecast to reach 5.1 million by 2024, according to the MBIE.

Considering that New Zealand presents plenty of touristy towns and cities, listing a property can become a profitable business for investors.

• A HIGH DEGREE OF ECONOMIC RESILIENCE

With a strong and resilient economy, New Zealand has proven its stability even in the face of global economic challenges like the COVID-19 pandemic. The country relies heavily on international trade, tourism, and agriculture. However, it has been presenting an increasing economic diversification in recent years that contribute to the real estate market’s attractiveness with lucrative opportunities.

Expectations When Buying a Property in New Zealand

Aside from the pros of buying an investment property in New Zealand, let’s discuss some cons so you can know what to expect when investing and living in this country. It’s always better to look at the two sides of each coin to properly set your expectations!

• REAL ESTATE’S AFFORDABILITY AND COMPETITIVENESS

While NZ’s real estate market enjoys consistent growth, it also has downsides, and not everything can be rosy. If we take a look at the average housing market value of different cities in New Zealand, we can find that most of them are not budget-friendly. 

Thus, finding an affordable property can be quite a challenge if you have a limited budget and if you find one, you may need to invest plenty of time and money in renovating it. Living expenses and rent can be fairly expensive as well.

• NEW ZEALAND IS PRONE TO NATURAL DISASTERS

Due to its geography and location, this island country is prone to natural hazards, particularly earthquakes, flooding, tsunamis, and volcanic eruptions. Despite the country’s strong building codes, the potential occurrence of such events can still affect both infrastructure and investments.

Is Airbnb legal in New Zealand?

Knowing Airbnb’s key metrics is important, but it’s also crucial to know about the Airbnb legality in the city you want to invest in. Broadly speaking, Airbnb is legal in New Zealand! 

Yet, you should check out the NZ local council’s short-term rental rules since some areas need you to register your properties and get resource consent. Additionally, owners should ensure coverage for short-term rentals and guarantee that their property is devoid of any potential dangers that might lead to accidents or injuries.

Moreover, since the Residential Tenancies Act general rule doesn’t apply to holiday lettings, landlords should create a rental agreement to cover both the owner and the renter. 

Property managers are also liable to tax on income received for providing short-term accommodation in NZ. Goods and services tax (GST) rules apply if your turnover is over $60,000. Hence, you’ll need to register for and file GST returns.

Best Place to Buy a Rental Property in NZ: Top STR Markets

• Ballarat’s economic stability, reasonable cost of living, appealing rental returns, and thriving tourism sector have created opportunities for property owners to generate a nice passive income from Airbnb properties.
• Delve into the top lucrative suburban areas for real estate investments in Ballarat. We also feature essential Airbnb statistics for each location.
• Airbnb hosts in Ballarat have the potential to earn an annual revenue of A$52,684 with a 50% occupancy rate for a 3-bedroom property, as confirmed by Airbtics’ analyzer.

Unlocking the Best Suburbs for Short-Term Rentals in Ballarat: A Property Investor’s Guide

In the Central Highlands of Victoria lies Ballarat, a destination known for its rich historical heritage, remarkable architectural landmarks, and significant involvement in the Australian gold rush during the 1850s.

Ballarat features a laid-back atmosphere, combining the peaceful nature of a small town with the convenience of being only a short drive away from Melbourne. But while it is a small city, it has experienced steady economic and real estate growth in recent years. For these reasons, the region became attractive to property investors looking to cater to short-term accommodations. 

Are you looking to invest in short-term rentals in Ballarat? Let us help you! We will mention which suburbs are the best places to invest in Airbnb in Ballarat and what to expect when it comes to real estate investments. Keep reading to find out more about this market!

Why should you consider targeting the Ballarat investment property market?

Ballarat presents an intriguing market for property investors looking to invest in short-term lettings, considering the numerous advantages it offers. Explore some of the top reasons why rental properties in Ballarat can be a lucrative business:

• AFFORDABLE HOUSING

The real estate market in Ballarat has shown consistent growth in recent years, highlighting its strong investment potential. Moreover, the city is undergoing numerous infrastructure developments, which affect the housing market positively as there can be a positive increase in property values.

Although property prices have skyrocketed in many areas in Australia, Ballarat remains an affordable option compared to other metropolis. This opens the doors to high rental yields since investors can enter the real estate market at lower prices. The average property price in Ballarat is A$625K for houses and A$410K for units.

• STEADY RENTAL DEMAND

Ballarat may be a small region, but there is a steady demand for both long-term and short-term rentals. This destination is home to a university that attracts a high influx of students and also features tourist sites that draw many overnight visitors. These factors, coupled with the growing population, allow the city to easily maintain a healthy demand for rental housing. 

Additionally, it should be known that the city is among the most profitable areas to invest in Airbnb in Australia. Hence, investors can see the Ballarat rental market in a positive light since there can be excellent opportunities just around the corner.

• DIVERSE ECONOMY THAT KEEPS GROWING

Ballarat boasts a diverse and steadily growing economy with sectors like education, healthcare, manufacturing, and tourism that ensure economic stability. Additionally, the ongoing infrastructure projects have boosted employment and investment as of late, making the area an appealing location to live or do business.

• WARM COMMUNITY WITH GREAT LIVING CONDITIONS

Ballarat is known for offering a high quality of life, with a welcoming community and quiet environment that blends the small-town charm with modern amenities. and a wide range of services and amenities. The city is home to the University of Ballarat and several top-tier schools, making it attractive to students and families seeking a quality education.

Moreover, Ballarat also features a cheaper cost of living and a wide variety of housing options to meet the needs of different people looking to relocate to this region.

• THERE’S SO MUCH TO DISCOVER! 

Do not let Ballarat’s size fool you because this charming region is a popular tourist destination, known for its attractions like Sovereign Hill, an open-air museum that immerses visitors in the 1850s gold rush era. 

Ballarat’s charm extends to its historic architecture, with landmarks like the Ballarat Town Hall and the elegant Craig’s Royal Hotel beckoning you to take a leisurely stroll and appreciate the city’s heritage! The city is also home to the Ballarat Museum of Art, beautiful gardens, and hosts plenty of cultural events throughout the year. 

For nature enthusiasts, the surrounding countryside offers a gateway to hiking adventures, with scenic trails meandering through forests, parks, and the nearby Pyrenees mountain range, inviting exploration and outdoor enjoyment.

Is Airbnb Profitable in Ballarat?

Wondering whether Airbnb investments in Ballarat are worth your time and money? Stop worrying because Airbtics confirms that they are indeed worth it! Ballarat attracts a high influx of visitors due to attractions, cultural events and festivals, creating plenty of opportunities for short-term rentals.

Let’s have a glimpse of Ballarat’s Airbnb market – According to Airbtics’ free Airbnb analyzer data, an Airbnb host can obtain annual revenue of A$52,684 with a steady occupancy rate of 50% for operating a 3-bedroom property in Ballarat. 

• Central Coast’s strong economic growth, solid rental demand, and strategic location make it a great choice for property investors looking to generate a steady income stream by renting out their properties.
• Explore the most profitable suburban areas for real estate investments in Central Coast, complemented with essential Airbnb statistics for each location.
• Airbnb hosts in Central Coast have the potential to generate an annual income of A$67,594 with a 73% occupancy rate for a 2-bedroom property.

Unveiling Central Coast’s Top Suburbs for Lucrative Property Investments

With a stunning location in the north of Sydney on the east coast of Australia, the Central Coast is widely known for its picturesque beaches, striking coastal landscapes and diverse natural environment. The region also encompasses vibrant urban areas and communities that offer a wide range of services and amenities.

In recent years, the Central Coast has been experiencing steady economic growth and significant development in infrastructure and revitalization projects. These factors, coupled with the solid tourist market, have attracted the attention of real estate investors looking for prosperous markets to set up rental properties. Thus, it should come as no surprise that the region is considered one of the prime areas to invest in short-term rentals in Australia.

Want to discover which suburbs in Central Coast offer excellent investment prospects for rental properties? In this article, you’ll find the best suburbs to invest in Central Coast and what you can expect when considering real estate investments in the region. Keep reading to uncover further insights!

Central Coast Real Estate Market: Why should you consider investing in this region?

It is a given fact that Central Coast is an eye-catching location, not only for travelers looking to venture into fantastic natural areas but also for investors looking to earn a steady rental income. But before taking any further steps, make sure to check out some of the major reasons why an investment property in Central Coast can become a nice source of income: 

• STRONG RENTAL MARKET

Situated just an hour north of Sydney on the east coast, the Central Coast enjoys an ideal location, drawing tourists and the workforce of Sydney alike. 

With stunning beaches, parks, and abundant outdoor activities, the region is a sought-after destination in Australia. 

In fact, the region welcomed around 5.7M domestic visitors as of March 2023, according to Destination NSW report! Thus, there is a high influx of overnight visitors, making the Central Coast rental market visibly strong with its high demand for holiday accommodation.

• BOOMING REAL ESTATE MARKET

Another reason to consider investing in real estate on the Central Coast is the housing affordability. Property prices in the Central Coast tend to be more affordable than in Sydney, offering investment potential with the opportunity for future growth. 

Plus, the region also provides a strong demand for rental properties. Hence, there are ongoing opportunities for rental investments, given the constant need for housing.

• POSITIVE ECONOMIC GROWTH

The Central Coast enjoys a diverse economy, with sectors like tourism, construction, healthcare, retail, and manufacturing driving its growth. With a growing local economy, the Gross Regional Product is estimated at $17.52B, representing 2.64% of the state’s GSP.

While many residents take advantage of the proximity to Sydney to commute to work, Central Coast still offers a varied job market with enticing employment prospects. 

• FRIENDLY COMMUNITIES & LAIDBACK LIFESTYLE

In contrast to a bustling metropolis like Sydney, Central Coast offers a peaceful and laid-back lifestyle. The result is a higher quality of life with reduced hustle and traffic congestion that can save you headaches. As a bonus, you will live in a warm and inclusive community. 

But don’t let the peaceful atmosphere of Central Coast fool you because the region boasts an array of conveniences. It features top-notch hospitals, modern shopping centers, excellent educational institutions, and a wide array of entertainment, dining, and retail choices.

• STUNNING COASTAL SCENERY WITH PLENTY OF THINGS TO DO

Are you an outdoor lover? If the answer is yes, then you can think of the Central Coast as a small piece of paradise in Australia! The region is renowned for its sandy beaches, breathtaking coastal vistas, and rich biodiversity. With numerous national parks and nature reserves, it is a hot spot for outdoor enthusiasts, from surfers to hikers, anglers, and boaters.

Moreover, the region boasts enticing attractions like the Australian Reptile Park, Bouddi National Park, The Entrance Pelican Feeding and Marine Park, plus various wineries and vineyards.

Is Airbnb Profitable on the Central Coast?

Wondering if the Central Coast would generate a positive cash flow with rental properties? Don’t worry too much because Airbtics confirms that many cities in the region can help you obtain a nice income stream!

Let’s take a quick look at the Central Coast’s Airbnb potential – According to Airbtics’ free Airbnb calculator data, an Airbnb host can obtain annual revenue of A$67,594 with a steady occupancy rate of 73% for operating a 2-bedroom property in Central Coast.