Category: All About Airbnb

Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Surfers Paradise

Post author By Robyn Peña
Post date September 8, 2022

Do you want to have financial freedom through passive income? Here’s a great way to do so: Invest in a property! And no – you don’t need to own a property to start the Airbnb rental arbitrage business.

In this article, we featured the entire process of Airbnb rental arbitrage in Surfers Paradise, its profitability, along the best areas and neighborhoods. Continue reading to learn more about short-term regulations and ways to convince landlords to sublet properties for rental arbitrage!

What is Rental Arbitrage?

Rental Arbitrage is a perfect way to start an Airbnb business with no money. By convincing landlords to lease you a property, you can furnish and sublease it on Airbnb and VRBO. No need for you to buy a property!

It is perfectly legal and is a proven scalable business model. In my podcast, I have spoken to various entrepreneurs doing Airbnb arbitrage full-time.

Here’s a proof! In Surfers Paradise, Jason manages 73 listings and I’m pretty sure he doesn’t own all the properties. Overall, he made A$8,497,628 in the last 12 months.

Is Rental Arbitrage Profitable in Surfers Paradise?

In order to start a rental arbitrage in Australia, particularly in Surfers Paradise, it’s primarily important to take note of the overall cost & potential revenue.

For instance, the best neighborhood to invest in is Chevron Island, which is an urban island that is accessible to public transport and the main tourist area. Using Airbtics’ income generator, you can easily distinguish that rental arbitrage in Surfers Paradise is profitable!

Profit & Monthly Expense in Surfers Paradise

Based on Airbtics’ data, you can earn a whopping A$10,751 per month for a 3-bedroom apartment in Chevron Island alone. With the data provided, you can certainly tell that investing in a property in Surfers Paradise is profitable.

Average Rent Price	Airbnb Monthly Revenue	Monthly Expense	Monthly Profit
A$3,693	A$10,751	A$2,150	A$4,907

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price, and the monthly expenses (A$10,751 – A$3,693 – A$2,150 = A$4,908).

Startup Cost in Surfers Paradise

Now that you have an overview of how much your monthly expense and revenue, let’s talk about the startup cost! How long does it take for an investor to get back the startup cost? Let’s take a look at this calculation:

Total Startup Cost (Average startup cost + 2 months rent price)	Cash Return Time
A$9,386	2 months

The average estimated startup cost (for furnishing) in Surfers Paradise is around A$2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (A$7,386). Now that we have a total startup cost of A$9,386, cash return time can be calculated by dividing this by the monthly profit (A$4,908).

Given your monthly revenue of A$4,908, it will take approximately 2 months time to get back the startup cost in Surfers Paradise!

In such a brief period of time, you can already expect profit and can even start considering a second unit for rental arbitrage. If this sounds promising to you, then go ahead and look at the other best areas for rental arbitrage in Surfers Paradise.

Best Areas for Rental Arbitrage in Surfers Paradise

Before investing in a particular area in Surfers Paradise, you have to take a look at the top markets and number of listings to set your expectations towards success. Check out the top 3 suburbs in Surfers Paradise ranked by their annual revenue, along with their occupancy & daily rates!

1. Chevron Island

Popular for holidaymakers and entrepreneurs, Chevron Island is one of the nicest places to invest in because it is situated in the heart of Surfers Paradise. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Chevron Island:

Type of Bedrooms	Average Rent Price	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	A$1,825	A$4,074	76%	A$180
2-bedrooms	A$1,955	A$6,631	70%	A$251
3-bedrooms	A$3,693	A$10,751	87%	A$393

According to our Airbtics Dashboard, there are more than 27 Airbnb listings with 2 condo properties and 16 one-bedroom properties in this area. The monthly revenue for most properties in Chevron Island is more than A$3,168 per month with occupancy being more than 66%.

2. Macintosh Island

If you are looking to invest in a property in the middle of Surfers Paradise, then Macintosh Island is definitely one of the most recommended areas! Check out the Airbnb data such as the average revenue, occupancy rates, and more in Macintosh Island:

Type of Bedrooms	Average Rent Price	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
Studio	A$1,374	A$2,759	63%	A$165
1-bedroom	A$2,259	A$4,381	83%	A$155
2-bedrooms	A$3,150	A$5,258	83%	A$300

This area has a total of 12 Airbnb listings with 2 private room properties and 1 one-bedroom property. The monthly revenue for most properties in Macintosh Island is more than A$4,546 per month with occupancy being more than 83%.

3. Golden Coast Beach

Targetting the majority of tourists in general? Golden Coast Beach is situated near restaurants and markets, which makes it accessible to visitors. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Macintosh Island:

Type of Bedrooms	Average Rent Price	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	A$1,999	A$3,620	82%	A$236
2-bedrooms	A$2,911	A$4,261	82%	A$377
3-bedrooms	A$3,476	A$6,540	83%	A$702

This area has a total of 861 Airbnb listings with 50 private room properties and 346 one-bedroom properties in this area. The monthly revenue for most properties in Golden Coast Beach is more than A$4,151 per month with occupancy being more than 63%.

LOOKING FOR MORE PROFITABLE CITIES TO INVEST IN AIRBNB IN AUSTRALIA?

If you want to discover other top rental markets in Australia, go ahead and check out the Airbnb demand by city!

Short-term rental regulations in Surfers Paradise

To begin with, it’s certainly important to be familiar with the Airbnb rules in Surfers Paradise to make sure that your business will run smoothly. Here are some of the short-term rental regulations and laws to take note of:

It is required to apply for a development approval if you’re not residing in the property and using your entire dwelling for short-term letting in the Gold Coast City Council.
To obtain a business licence and market a property as tourist accommodation, the property’s zoning must list tourist accommodation or temporary accommodation as a permitted use. Properties with residential zoning may not be marketed as available to tourists, for any length of time.
It is also necessary to give consideration to registered covenants that may affect a property development, rental pool and other covenants may place restrictions and obligations on property use.

Rental Properties in Surfers Paradise

To run an Airbnb rental arbitrage in Australia, you can look at property websites and get a grasp of the ranging prices in Surfers Paradise:

1. Homely

2. Rent AU

How to Find Landlords for Airbnb Rental Arbitrage

Airbnb investment through rental arbitrage is one of the best strategies to have passive income. However, it could be a challenge to find a landlord that allows their property for subletting on Airbnb. You can also convince a landlord by following the rental arbitrage email template & be extra creative!

Here are ways how you can find landlords that allow Airbnb rental arbitrage:

Real Estate Websites

Renters in the digital world who are looking for properties online can easily connect with landlords. Some of the most recommended online real estate websites which allow you to filter by city, state, or ZIP code are:

However, you can also find apartment & condominium properties online in the following websites:

Search Engines & Marketplaces

There are numerous property owners who are leasing their properties and you can easily find them on Google & online marketplaces. Check out some of the most recommended marketplaces:

Craigslist allows renters to specifically state what kind of property they are looking for. You can try typing in ‘landlords allowing Airbnb’ or ‘sublease property in (city name)’ and try other keywords to get you on the right track.
Facebook marketplace has a vast community of landlords & renters, so you can try joining the right groups to lead you on the right path. Here are some of the finest Facebook groups that you can join:

Communicate with Landlords

If you are currently renting a space or know someone who is, then it’s also recommended to speak with them. Start by asking if there are vacant rooms or properties and let them know about your intentions of putting them up for rental arbitrage. They might also be able to recommend neighbors or local friends who are also interested in this idea!

Tags Airbnb Rental Arbitrage, lat_-27.9989899, lng_153.42398

Airbnb Rules All About Airbnb

Airbnb Rules in Canberra

Post author By Robyn Peña
Post date September 7, 2022

If you are looking to invest in top cities to buy real estate in Australia, particularly in Canberra, this article is for you! By considering the primary key metrics for a successful investment including average daily rates, monthly revenue, and occupancy rates in Australia, this beautiful city will definitely be a great source of passive income.

Continue reading to learn more about Airbnb rules in Canberra and check out the profitability in this city!

Is Airbnb legal in Canberra?

Let’s spill the beans: Yes, Airbnb is certainly legal in Canberra! With a rough number of 2.9 million international visitors annually, this mesmerizing city has a thriving tourism industry with an economy worth over $1.6 billion every year.

Canberra is mostly visited because of its many fun attractions including Quizzic Alley, Australian National Botanic Gardens, Vertikal Indoor Snow Sports, and other tourist attractions.

Here is a little proof! As of July 2022, there are 14,376 nights available in Canberra from Airbnb alone. Daniel manages 84 listings, while MadeComfy and Dana operate 21 and 15 respectively.

How much can I make by running an Airbnb in Canberra?

Currently, there are 713 Airbnb listings in Canberra, with 67% of entire houses earning up to A$3,890 a month. The Average Occupancy Rate in Canberra is 68% and the average daily rate is A$155. According to vacation rental market data source Airbtics, a 2-bedroom apartment in Canberra can make up to A$51,823 each year. Check out our Short-Term Rental Profit Calculator to discover how much you can make on Airbnb!

What Are The Short-term Rental Accommodation Policies in Canberra?

Currently, the Australian Capital Territory Government has no particular regulations in short-term rentals.
For those who want to sublet the property, a landlord’s written consent is required as stated on the Standard Residential Tenancy Terms and the Residential Tenancies Act 1997 (‘the Act’).

Is Canberra A Profitable Area to Invest In?

Based on statistical data for Canberra, it remains to have one of the most remarkable property markets in Australia. The weekly asking prices for houses are currently above $1 million and there’s still a shortage for both sales and rental markets.

By using an accurate short-term rental calculator, you’ll be able to confirm if Canberra is a good place for investment! It’s important to know your estimated annual revenue and high-return investment opportunities in Canberra – and with Airbtics, it shouldn’t be a difficult task at all!

Source: Property Investment in Canberra

Canberra’s Property Market 2022

According to Canberra’s property market in 2022, it has the most expensive capital city. Despite the increased prices, the house rents in Canberra still increases in double numbers!

In addition to this, due to the tightening rental market in Canberra, landlords usually pass other taxes on to their tenants.

Source: Canberra Rental Market

Here are some of the most recommended neighborhoods that you can look into & consider purchasing based on Airbtics estimator:

Suburbs	Price of 2bd Apartments	Average Rent Price	Average Airbnb Revenue
Braddon	A$635,000	A$2,737	A$4,600
Canberra City Centre	A$709,000	A$2,933	A$5,703
Kingston	A$682,000	A$2,650	A$4,285

Source for Property Price: Properties in Canberra

Conclusion

In general, considering the Airbnb rules & regulations in Canberra will help your Airbnb business to run smoothly! Aside from the fact that this is a passive income for various hosts, starting an Airbnb business is also a way to enjoy life and connect with new people from all over the world. Try Airbtics now and make the wisest investment decisions!

Tags Airbnb Rules & Regulations, lat_-35.2975906, lng_149.1012676

Airbnb Rules All About Airbnb

Airbnb Rules in Adelaide

Post author By Robyn Peña
Post date September 7, 2022

If you are looking to invest in a property in the most lucrative Airbnb locations in Australia, particularly in Adelaide, this article is for you! By considering the primary key metrics for a successful investment including average daily rates, monthly revenue, and occupancy rates in Australia, this beautiful city will definitely be a great source of passive income.

Continue reading to learn more about Airbnb rules in Adelaide and check out the profitability in this city!

Is Airbnb legal in Adelaide?

Let’s spill the beans: Yes, Airbnb is certainly legal in Adelaide! With a rough number of 2.9 million international visitors annually, this exquisite city in South Australia is popular for its many festivals, sports events, gastronomy, and more.

Adelaide is mostly visited because of its many wonderful attractions including The Art Gallery of South Australia, Adelaide Zoo, Central Market, and other tourist attractions.

Here is a little proof! As of July 2022, there are 30,334 nights available in Adelaide from Airbnb alone. Century 21 SouthCoast manages 58 listings, while Hello Host and Jessica operate 35 and 32 respectively.

How much can I make by running an Airbnb in Adelaide?

Currently, there are 1,788 Airbnb listings in Adelaide, with 66% of entire houses earning up to A$3,893 a month. The Average Occupancy Rate in Adelaide is 66% and the average daily rate is A$183. According to short-term rental market data source Airbtics, a 2-bedroom apartment in Adelaide can make up to A$52,195 each year. Want to know how much profit can you make on Airbnb? Then check out our Airbnb Profit Calculator!

What Are The Short-term Rental Accommodation Policies in Adelaide?

According to the short-term rental accommodation bill, residential premises used for short-term holiday rental accommodation must be registered.
An application for registration must be approved by the Commission and must be accompanied by the prescribed registration fee.

Is Adelaide A Profitable Area to Invest In?

Based on statistical data for Adelaide, the rental population in this area is 49.54% with a steady rental yield of 5.44%.

By using an accurate short-term rental calculator, you’ll be able to confirm if Adelaide is a good place for investment! It’s important to know your estimated annual revenue and high-return investment opportunities in Adelaide – and with Airbtics, it shouldn’t be a difficult task at all!

Source: Property Investment in Adelaide

Adelaide’s Property Market 2022

According to Adelaide’s property market in 2022, the dwelling values are skyrocketing by 45%.

Despite the higher interest rates, housing values are still rising and property investors are still pouring their money in Adelaide.

Source: Adelaide’s Housing Market

Here are some of the most recommended neighborhoods that you can look into & consider purchasing based on Airbtics estimator:

Suburbs	Price of 2bd Apartments	Average Rent Price	Average Airbnb Revenue
Glenelg	A$609,000	A$2,998	A$6,000
North Adelaide	A$838,000	A$2,824	A$4,493
Henley Beach	A$645,000	A$1,955	A$4,460

Source for Property Price: Properties in Adelaide

Conclusion

In general, considering the Airbnb rules & regulations in Adelaide will help your Airbnb business to run smoothly! Aside from the fact that this is a passive income for various hosts, starting an Airbnb business is also a way to enjoy life and connect with new people from all over the world. Try Airbtics now and make the wisest investment decisions!

Tags Airbnb Rules & Regulations, lat_-34.9281805, lng_138.5999312

Airbnb Rules All About Airbnb

Airbnb Rules in Perth

Post author By Robyn Peña
Post date September 7, 2022

If you are looking to buy an investment property in the most profitable Airbnb markets in Australia, particularly in Perth, this article is for you! By considering the primary key metrics for a successful investment including average daily rates, monthly revenue, and occupancy rates in Australia, this beautiful city will definitely be a great source of passive income.

Continue reading to learn more about Airbnb rules in Perth and learn more about profitability in this city!

Is Airbnb legal in Perth?

Let’s cut the story short: Yes, Airbnb is certainly legal in Perth! With a rough number of 13 million international visitors annually, this city in Western Australia has established to consistently earn from tourism expenditures over the decades.

Perth is mostly visited because of its many wonderful attractions including Kings Park & Botanic Garden, The Perth Mint, Cottlesloe Beach, Freemantle Prison, and other tourist attractions.

Here is a little proof! As of July 2022, there are 49,714 nights available in Perth from Airbnb alone. Phoebe manages 61 listings, while Let Go and SmartStayWA operate 52 and 36 respectively.

How much can I make by running an Airbnb in Perth?

Currently, there are 2,910 Airbnb listings in Perth, with 61% of entire houses earning up to A$3,397 a month. The Average Occupancy Rate in Perth is 67% and the average daily rate is A$117. According to vacation holiday rental market data source Airbtics, a 2-bedroom apartment in Perth can make up to A$49,698 each year. Make sure to check out our Airbnb Income Calculator!

What Are The Short-term Rental Accommodation Policies in Perth?

It is required to get planning approval from the city in order legally rent your apartment or house to short-term guests on a commercial basis.
Providers of short-term rental accommodation within Western Australia are required to register their property to operate and advertise.
Once approved, a unique registration number should be advertised alongside the short-term rental.
All applications will also be required to demonstrate compliance with the Disability Discrimination Act.

Is Perth A Profitable Area to Invest In?

Based on statistical data for Perth, the rental population in this area is 43.26% with a steady rental yield of 5.49%.

By using an accurate short-term rental calculator, you’ll be able to confirm if Perth is a good place for investment! It’s important to know your estimated annual revenue and high-return investment opportunities in Perth – and with Airbtics, it shouldn’t be a difficult task at all!

Source: Property Investment in Perth

Perth’s Property Market 2022

According to Perth’s property market in 2022, this city’s local economy remains strong. Despite the low stock levels and current demand at peak, the growth trend is towards lower housing values.

Source: Perth’s Rental Market

Here are some of the most recommended neighborhoods that you can look into & consider purchasing based on Airbtics estimator:

Suburbs	Price of 2bd Apartments	Average Rent Price	Average Airbnb Revenue
East Perth	A$700,000 (255sq.m. apartment)	A$2,824	A$4,539
Rockingham	A$410,000 (75 sq.m. apartment)	A$1,955	A$3,520
South Fremantle	A$410,000 (75 sq.m. apartment)	A$2,694	A$4,530

Source for Property Price: Properties in Perth

Conclusion

In general, considering the Airbnb rules & regulations in Perth will help your Airbnb business to run smoothly! Aside from the fact that this is a passive income for various hosts, starting an Airbnb business is also a way to enjoy life and connect with new people from all over the world. Try Airbtics now and make the wisest investment decisions!

Tags Airbnb Rules & Regulations, lat_-31.9558964, lng_115.8605801

Airbnb Investment All About Airbnb

Best Places to Airbnb in New York

Post author By Robyn Peña
Post date September 7, 2022

Before investing in a property in New York, it’s important to analyze your options and gauge your profitability based on Airbnb’s key metrics. In this article, we’ll feature the top 10 best areas to Airbnb in New York along with their respective occupancy rates, monthly & yearly revenue, average daily rates (ADRs), and so much more!

Airbnb’s Trending Cities

Based on a recently released article about Airbnb’s top cities this summer of 2022, guests have searched for domestic summer destinations in the USA with over 10,000 searches. This simply means that vacationers are super ready to spend money and have fun under the sun! The travel demand has continuously recovered in comparison to pre-pandemic data.

Is Airbnb Profitable in New York?

Based on our recent article about Airbnb occupancy rates in New York, particularly in Brooklyn, an average 1 BD / BA apartment has a steady 55% occupancy rate and can generate $3,321 monthly! Short-term rentals in New York can definitely be a source of passive income because of the many tourists visiting annually.

To cut the story short, Airbnb is definitely profitable in New York! For instance, based on an Airbnb income calculator, you can earn a whopping $37,522 annually in Upper West Side alone! This area is attracting millions of visitors from around the globe for attractions such as The Empire State Building, Central Park, NY Times Square, and so much more.

Not yet convinced? Feel free to listen to one of our interviewees from Into The Airbnb Podcast – an Airbnb host consultant & property manager from New York:

Rental Arbitrage in New York

If you want to start an Airbnb investment in New York but are financially limited to purchasing your own property, don’t worry. You can still earn a passive income in two words: Rental Arbitrage! This refers to the practice of renting out properties for the sole purpose of sub-letting them on platforms such as Airbnb or HomeAway.

It may be a challenge to find landlords for Airbnb rental arbitrage since there are certain restrictions in other areas and other landlords simply do not allow it due to insurance policies. In addition to this, you also have to consider major factors in starting a rental arbitrage business in your preferred city. This includes rules & regulations, where to find the most profitable area, & how to find rental arbitrage properties.

Given the fact that South Carolina is a practical investment destination for property investors, you can always have the option to do Rental Arbitrage and earn money while you’re saving up to own a property.

Top 10 Most Profitable Cities & Neighborhoods for Airbnb in New York

New York offers excellent investment opportunities for property investors, so we went ahead and did the heavy work for you! Oftentimes, the struggle is targetting an entire city but missing out on a particular neighborhood that has an even greater chance of profitability!

Using Airbtics’ market analysis, we were able to accurately get a grasp of Airbnb demand in New York and filtered the top 10 most profitable cities:

1. Manhattan

Occupancy Rate: 71%
Annual Revenue: $39,017
Average Daily Rate: $164

Based on Airbtics’ analytics tool, the best neighborhood in this area is Upper West Side, which has an average occupancy rate of 77%. An average Airbnb host can earn an average daily rate of $137 in this neighborhood!

2. Upper Manhattan

Occupancy Rate: 71%
Annual Revenue: $37,522
Average Daily Rate: $106

Based on Airbtics’ analytics tool, the best neighborhood in this area is Harlem, which has an average occupancy rate of 74%. An average Airbnb host can earn an average daily rate of $103 in this neighborhood!

3. Queens

Occupancy Rate: 78%
Annual Revenue: $17,333
Average Daily Rate: $60

Based on Airbtics’ analytics tool, the best neighborhoods in this area are:

4. Astoria

Occupancy Rate: 73%
Annual Revenue: $21,705

An average Airbnb host can earn an average daily rate of $79 in this neighborhood!

5. Ridgewood

Occupancy Rate: 73%
Annual Revenue: $22,064

An average Airbnb host can earn an average daily rate of $75 in this neighborhood!

6. Brooklyn

Occupancy Rate: 78%
Annual Revenue: $30,775
Average Daily Rate: $108

Based on Airbtics’ analytics tool, the best neighborhood in this area is:

7. Williamsburg

Occupancy Rate: 87%
Annual Revenue: $49,575

An average Airbnb host can earn an average daily rate of $79 in this neighborhood!

8. Staten Islands

Occupancy Rate: 59%
Annual Revenue: $20,081
Average Daily Rate: $90

Based on Airbtics’ analytics tool, the best neighborhood in this area is Tompkinsville, which has an average occupancy rate of 69%. An average Airbnb host can earn an average daily rate of $91 in this neighborhood!

9. Bronx

Occupancy Rate: 54%
Annual Revenue: $15,598
Average Daily Rate: $78

Based on Airbtics’ analytics tool, the best neighborhood in this area is Pelham Gardens, which has an average occupancy rate of 72%. An average Airbnb host can earn an average daily rate of $91 in this neighborhood!

10. Long Island

Occupancy Rate: 39%
Annual Revenue: $37,005
Average Daily Rate: $286

Based on Airbtics’ analytics tool, the best neighborhood in this area is Montauk, which has an average occupancy rate of 40%. An average Airbnb host can earn an average daily rate of $389 in this neighborhood!

General Overview

Now that you have a deeper understanding of which particular area to target in New York and some of the major Airbnb metrics to consider, don’t miss out on greater opportunities! Since Airbnb is rapidly increasing and constantly changing for each city in the world, it is crucial to make decisions based on wild guesses. The data points mentioned in this article such as Airbnb occupancy rates per city, annual revenue, and average daily rates should be your basis for investing in properties in New York – or other cities with high occupancy rates!

Hence, an accurate data analytics tool can help your business stand out among your surrounding competitors and benchmark your property by tracking the occupancy rates of competing listings in your preferred city. With the help of our all-in-one analytics service, you can vastly enhance your monthly revenue, create a comparison for each neighborhood, add the appropriate amenities and so many more exciting features. Try Airbtics today and think of long-term profitability!

Explore The Most Profitable Airbnb Locations in New York

Tags Airbnb Investments, lat_40.7127281, lng_-74.0060152

Airbnb Rules All About Airbnb

Airbnb Rules in Brisbane

Post author By Robyn Peña
Post date September 6, 2022

Before you start to invest in a property in Australia, particularly in Brisbane, let’s discuss the primary key metrics that all investors need to know! Profitability should be the first consideration on your checklist and this is related to Airbnb’s key metrics. For instance, this includes considering average daily rates, monthly revenue, and occupancy rates in Australia.

In this article, we’ll be presenting the Airbnb policies and regulations, how much profit an investor can make, rental demand, and properties for rent in Brisbane Australia! Stoked to learn more? Continue reading!

Is Airbnb legal in Brisbane?

Here’s the truth: Yes, Airbnb is certainly legal in Brisbane! With a rough number of 7.3 million visitors annually, this city has one of the most impressive domestic & international visits in Australia. In addition to this, Brisbane consistently attracts more tourists to book accommodations to visit The Australia Zoo, Great Barrier Reef, Daintree Forest, and see other tourist attractions.

Here is a little proof! As of July 2022, there are 43,432 nights available in Brisbane from Airbnb alone. Lee And Dianne manages 92 listings, while Airtrip and Craig operate 46 and 38 respectively.

How much can I make by running an Airbnb in Brisbane?

Currently, there are 2,304 Airbnb listings in Brisbane, with 49% of entire houses earning up to A$3,407 a month. The Average Occupancy Rate in Brisbane is 62% and the average daily rate is A$122. According to short-term rental properties data source Airbtics, a 2-bedroom apartment in Brisbane can make up to A$84,392 each year. Check out our Short-Term Rental Income Calculator!

What Are The Short-term Rental Accommodation Policies in Brisbane?

Before you can host STRs in your home in Brisbane, you must first apply for and receive a Short Term Rental Permit from the city council.
Hosts have to own the home that they want to rent as an STR.
The home intended to rent as an STR should be the permanent residence, meaning you reside there for at least 275 days out of the year.
The home intended to rent as an STR should be a single-family home, not a multi-family home/apartment or an accessory dwelling unit/granny unit/secondary dwelling unit.
The host has to be present on the property during the rental period; unhosted “whole home” rentals are NOT permitted.
It is required to pay an application fee in the amount of $323 after your application has been accepted for processing.

Is Brisbane A Profitable Area to Invest In?

If you’re worried about spending thousands of bucks to purchase a property, the good news is you don’t need to! Property investors and hosts prefer to do rental arbitrage in Australia since this does not require owning a property. Based on statistical data for Brisbane, the rental population in this area is 46.49% with a steady rental yield of 5.21%.

By using an accurate short-term rental calculator, you’ll be able to confirm if Brisbane is a good place for investment! It’s important to know your estimated annual revenue and high-return investment opportunities in Brisbane – and with Airbtics, it shouldn’t be a difficult task at all!

Source: Property Investment in Brisbane

Brisbane’s Property Market 2022

According to the latest data, Brisbane’s property market remained to be one of the highest-growth regions. In comparison to other regions in Australia, the decline in monthly growth this year is only at 0.9%.

Source: Home Price Growth for Dwellings in Brisbane

In order to properly target a profitable area, here are some of the most recommended neighborhoods that you can look into & consider purchasing based on Airbtics estimator:

Suburbs	Price of 2bd Apartments	Average Rent Price	Average Airbnb Revenue
Frog's Hollow	A$445,000 (838 sq.m. apartment)	A$3,215	A$5,214
New Farm	A$599,000 (180 sq.m. apartment)	A$3,042	A$5,315
Fortitude Valley	A$400,000 (70sq.m. apartment)	A$2,716	A$4,738

Source for Property Price: Brisbane Properties

Conclusion

In general, considering the Airbnb rules & regulations in Brisbane will help your Airbnb business to run smoothly! Aside from the fact that this is a passive income for various hosts, starting an Airbnb business is also a way to enjoy life and connect with new people from all over the world. Try Airbtics now and make the wisest investment decisions!

Tags Airbnb Rules & Regulations, lat_-27.4689682, lng_153.0234991

Airbnb Rules All About Airbnb

Airbnb Rules in Melbourne

Post author By Robyn Peña
Post date September 6, 2022

Before you start to invest in a property in Australia, particularly in Melbourne, the primary key metrics that all investors need to know should be considered for a successful investment! In this article, we will feature some of the essential Airbnb metrics such as average daily rates, monthly revenue, and occupancy rates in Australia.

Continue reading to learn more about Airbnb rules in Melbourne and learn more about profitability in this city!

Is Airbnb legal in Melbourne?

Let’s cut the story short: Yes, Airbnb is certainly legal in Melbourne! With a shocking number of 36.5 million visitors annually, Melbourne is truly a profitable city to do Airbnb. This city constantly attracts more tourists to book accommodations to visit The National Gallery of Victoria, Royal Botanic Gardens, Federation Square, and see other tourist attractions.

Here is a little proof! As of July 2022, there are 124,150 nights available in Melbourne from Airbnb alone. Valeria manages 144 listings, while MadeComfy and Dave operate 115 and 78 respectively.

How much can I make by running an Airbnb in Melbourne?

Currently, there are 7,931 Airbnb listings in Melbourne, with 58% of entire houses earning up to A$3,459 a month. The Average Occupancy Rate in Melbourne is 51% and the average daily rate is A$141. According to vacation rental market data source Airbtics, a 2-bedroom apartment in Melbourne can make up to A$49,651 each year. Check out our Airbnb Profit Calculator!

What Are The Short-term Rental Accommodation Policies in Melbourne?

Short-term rentals and short stays are considered as accommodation and residential buildings by the Victoria Planning Provisions. This means that a planning permit is NOT required to operate a short-term rental.
The city of Melbourne does not impose any night limits or other restrictions on short-term rentals.
If an apartment is issued with three breach notices in a 24-month period, Victorian Civil and Administrative Tribunal (VCAT) will be able to make orders restricting that apartment from being let for short-stay purposes for a period of time. The breach notices must be issued for separate events (rather than a single event which attracts multiple complaints).
According to the City of Melbourne and Consumer Affairs Victoria, there are no current zoning restrictions for short-term rentals or short stays in Melbourne.

Is Melbourne A Profitable Area to Invest In?

If you’re worried about spending thousands of bucks to purchase a property, the good news is you don’t need to!

Property investors and hosts prefer to do rental arbitrage in Australia since this does not require owning a property. Based on statistical data for Melbourne, the rental population in this area is 48.65% with a steady rental yield of 3%.

By using an accurate short-term rental calculator, you’ll be able to confirm if Melbourne is a good place for investment! It’s important to know your estimated annual revenue and high-return investment opportunities in Melbourne – and with Airbtics, it shouldn’t be a difficult task at all!

Source: Property Investment in Melbourne

Melbourne’s Property Market 2022

According to Melbourne’s housing market update, the rental market in Melbourne has low supply levels which reflects the increase in rental prices. In addition to this, there is a rising demand from international students and returning workers across central business districts.

Source: Housing Market in Melbourne

Here are some of the most recommended neighborhoods in Melbourne that you can look into & consider purchasing based on Airbtics estimator:

Suburbs	Price of 2bd Apartments	Average Rent Price	Average Airbnb Revenue
South Yarra	A$550,000 (715.35 sq.m. apartment)	A$2,564	A$4,973
Mornington	A$690,000 (266 sq.m. apartment)	A$2,173	A$5,444
Southbank	A$650,000 (190 sq.m. apartment)	A$2,650	A$4,721

Source for Property Price: Properties in Melbourne

Conclusion

In general, considering the Airbnb rules & regulations in Melbourne will help your Airbnb business to run smoothly! Aside from the fact that this is a passive income for various hosts, starting an Airbnb business is also a way to enjoy life and connect with new people from all over the world. Try Airbtics now and make the wisest investment decisions!

Tags Airbnb Rules & Regulations, lat_-37.8142176, lng_144.9631608

Airbnb Rules All About Airbnb

Airbnb Rules in Sydney

Post author By Robyn Peña
Post date September 6, 2022

Looking to invest in Sydney, Australia? Learn more about Airbnb rules and restrictions in Sydney for short-term rental accommodations.

Home > Resources > Airbnb Rules >

Looking to invest in Sydney, Australia? Learn more about Airbnb rules and restrictions in Sydney for short-term rental accommodations.

September 4, 2023

If you are looking to invest in an investment property in the most popular cities for Airbnb in Australia, then Sydney is a great market for you to do so! By considering the primary key metrics for a successful investment including average daily rates, monthly revenue, and occupancy rates in Australia, this beautiful city will definitely be a great source of passive income.

Continue reading to learn more about Airbnb rules in Sydney and learn more about profitability in this city!

Is Airbnb legal in Sydney?

Let’s spill the beans: Yes, Airbnb is certainly legal in Sydney! With a rough number of 4.1 million international visitors annually, this city is undoubtedly a magnet for tourists across the globe. Sydney consistently attracts more tourists to book accommodations to visit the Opera House, Harbour Bridge, Manly Ferry, and see other tourist attractions.

Here is a little proof! As of July 2022, there are 94,792 nights available in Sydney from Airbnb alone. MadeComfy manages 159 listings, while Ken and Rowen operate 119 and 73 respectively.

How much can I make by running an Airbnb in Sydney?

Currently, there are 7,094 Airbnb listings in Sydney, with 55% of entire houses earning up to A$3,816 a month. The Average Occupancy Rate in Sydney is 42% and the average daily rate is A$157. According to short-term rental properties data source Airbtics, a 2-bedroom apartment in Sydney can make up to A$62,780 each year. Want to discover how much profit can you make on Airbnb? Then make sure to check out our Free Airbnb Calculator!

What Are The Short-term Rental Accommodation Policies in Sydney?

180-day booking cap (with an exemption for bookings 21 days or longer)
For properties where the host is not present on the premises (non-hosted STRA) and located in Metro/Greater Sydney and several regional local council areas, the dwelling can be rented on a short-term for up to 180 days per year.
Residents can let their premises as a short term rental without the need for council approval, provided they meet the exempt development requirements.
All hosts must comply with the fire and safety requirements and agree to follow the NSW Fair Trading Code of Conduct for the STRA Industry.
Hosts are required to pay a registration fee of $65 for the first 12 months and an annual renewal fee of $25.
Local residents will be restricted on the number of days they can use their premises for short-term lets.

Is Sydney A Profitable Area to Invest In?

If you’re worried about spending thousands of bucks to purchase a property, the good news is you don’t need to! Property investors and hosts prefer to do rental arbitrage in Australia since this does not require owning a property. Based on statistical data for Sydney, the rental population in this area is 48.65% with a steady rental yield of 3%.

By using an accurate short-term rental calculator, you’ll be able to confirm if Sydney is a good place for investment! It’s important to know your estimated annual revenue and high-return investment opportunities in Sydney – and with Airbtics, it shouldn’t be a difficult task at all!

Source: Property Investment in Sydney

Sydney’s Property Market 2022

According to Sydney’s property market in 2022, this city has one of the strongest and most consistent top-performing markets with a 24% house price growth rate.

Source: Sydney’s Rental Market

Here are some of the most recommended neighborhoods that you can look into & consider purchasing based on Airbtics estimator:

Suburbs	Price of 2bd Apartments	Average Rent Price	Average Airbnb Revenue
Darlinghurst	A$1.4M (142 sq.m. apartment)	A$3,911	A$7,066
Redfern	A$1.6M (152 sq.m. apartment)	A$3,259	A$4,904
Manly	A$2.3M (128 sq.m. apartment)	A$3,802	A$7,011

Suburbs

Airbnb Dataset

Darlinghurst

Price of 2BD Apartments: A$1.4M (142 sq.m. apartment)
Average Rent Price: A$3,911
Average Airbnb Revenue: A$7,066

Redfern

Price of 2BD Apartments: A$1.6M (152 sq.m. apartment)
Average Rent Price: A$3,259
Average Airbnb Revenue: A$4,904

Manly

Price of 2BD Apartments: A$2.3M (128 sq.m. apartment)
Average Rent Price: A$3,802
Average Airbnb Revenue: A$7,011

Source for Property Price: Properties in Sydney

Conclusion

In general, considering the Airbnb rules & regulations in Sydney will help your Airbnb business to run smoothly! Aside from the fact that this is a passive income for various hosts, starting an Airbnb business is also a way to enjoy life and connect with new people from all over the world. Try Airbtics now and make the wisest investment decisions!

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Tags Airbnb Rules & Regulations, lat_-33.8698439, lng_151.2082848

Airbnb Rules All About Airbnb

Airbnb Rules in Bondi Beach

Post author By Robyn Peña
Post date September 6, 2022

Before you start to invest in a property in Australia, particularly in Bondi Beach, consider the primary key metrics that all investors need to know for a successful investment! Profitability should be the first consideration on your checklist and this is related to Airbnb’s key metrics. Some of the important key metrics include average daily rates, monthly revenue, and Airbnb occupancy rates in Australia.

In this article, we’ll be presenting the Airbnb policies and regulations, how much profit an investor can make, rental demand, and properties for rent in Bondi Beach, Australia! Stoked to learn more? Continue reading!

Is Airbnb legal in Bondi Beach?

Let’s spill the beans: Yes, Airbnb is certainly legal in Bondi Beach! With a rough number of 2.6 million visitors annually, almost 53% are international visitors in Bondi. This area consistently attracts more tourists to book accommodations to visit its iconic white-sand crescent, The Sydney Opera House, and see other tourist attractions.

Here is a little proof! As of July 2022, there are 20,727 nights available in Bondi Beach from Airbnb alone. Hotelesque manages 8 listings, while Bondi Beach Holiday Homes and Richard operate 7 and 7 respectively.

How much can I make by running an Airbnb in Bondi Beach?

Currently, there are 286 Airbnb listings in Bondi Beach, with 69% of entire houses earning up to A$4,975 a month. The Average Occupancy Rate in Bondi Beach is 54% and the average daily rate is A$215. According to short-term rental properties data source Airbtics, a 2-bedroom apartment in Bondi Beach can make up to A$67,605 each year. Check out our Free Short-Term Rental Calculator to know how much profit you can make with Airbnb!

What Are The Short-term Rental Accommodation Policies in Bondi Beach?

Any short-term rental must be registered and comply with the new Fire Safety Standard.
For hosted STRAs (the host shares the residence with their guests), the owner can rent out the dwelling 365 days per year with restrictions.
For non-hosted STRAs (the host does not share the residence with their guests), the 180 days per year limit applies.
The new STRA planning policy provides a single, streamlined exempt development approval pathway that facilitates STRA in existing, lawfully constructed residential accommodation. STRA cannot be undertaken in the following properties:
× Boarding houses
× Seniors housing
× Rural workers’ dwellings
× Eco-tourist facilities
× Hostels
× Camping grounds
× Caravan parks
× Moveable dwellings
× Group homes
× Refuge or crisis accommodation
× Tourist and visitor accommodation use to ensure they continue to meet their intended purpose.

Is Bondi Beach A Profitable Area to Invest In?

If you’re worried about spending thousands of bucks to purchase a property, the good news is you don’t need to! Property investors and hosts prefer to do rental arbitrage in Australia since this does not require owning a property. Based on statistical data for Bondi Beach, the rental population in this area is 46.08% with a rental yield of 2.57%.

By using an accurate short-term rental calculator, you’ll be able to confirm if Bondi Beach is a good place for investment! It’s important to know your estimated annual revenue and high-return investment opportunities in Bondi Beach – and with Airbtics, it shouldn’t be a difficult task at all!

Source: Property Investment in Bondi Beach

Sydney’s Property Market 2022

According to Sydney’s property market in 2022, Bondi Beach is one of the highly desirable suburbs in Southern Sydney. In general, there is a window of opportunity for property investors who have a long-term interest in putting up short-term rental accommodations in Bondi because of the increased rental demand.

Source: Sydney’s Rental Market

Conclusion

In general, considering the Airbnb rules & regulations in Bondi Beach will help your Airbnb business to run smoothly! Aside from the fact that this is a passive income for various hosts, starting an Airbnb business is also a way to enjoy life and connect with new people from all over the world. Try Airbtics now and make the wisest investment decisions!

Tags Airbnb Rules & Regulations, lat_-33.8906977, lng_151.2724119

Airbnb Rules All About Airbnb

Airbnb Rules in Byron Bay

Post author By Robyn Peña
Post date September 6, 2022

Before you start to invest in a property in Australia, particularly in Byron Bay, let’s discuss the primary key metrics that all investors need to know! Profitability should be the first consideration on your checklist and this is related to Airbnb’s key metrics. For instance, this includes considering average daily rates, monthly revenue, and occupancy rates in Australia.

In this article, we’ll be presenting the Airbnb policies and regulations, how much profit an investor can make, rental demand, and properties for rent in Byron Bay, Australia! Stoked to learn more? Continue reading!

Is Airbnb legal in Byron Bay?

Let’s spill the beans: Yes, Airbnb is certainly legal in Byron Bay! With a rough number of 5.42 million visitors annually, it has contributed over $883 million to the local economy of New South Wales. Byron Bay consistently attracts more tourists to book accommodations to visit Cape Byron Marine Park, go eco-cruising, and see other tourist attractions. The majority would want to just surf or enjoy the scenic views of the sea!

Here is a little proof! As of July 2022, there are 8,994 nights available in Byron Bay from Airbnb alone. A Perfect Stay manages 92 listings, while Byron Bay Accom and Destination Byron Bay operate 49 and 30 respectively.

How much can I make by running an Airbnb in Byron Bay?

Currently, there are 495 Airbnb listings in Byron Bay, with 78% of entire houses earning up to A$5,990 a month. The Average Occupancy Rate in Byron Bay is 58% and the average daily rate is A$297. According to short-term rental market data source Airbtics, a 2-bedroom apartment in Byron Bay can make up to A$107,091 each year. Check out our Airbnb Income Calculator!

What Are The Short-term Rental Accommodation Policies in Byron Bay?

Your house or unit CAN NOT be used for non-hosted STRA (Short-term Rental Accommodation) for more than 180 days in a 365-day period.
All hosts must register their STRA property on the State Government-run STRA Register.
All hosts must comply with the fire and safety requirements and agree to follow the NSW Fair Trading Code of Conduct for the STRA Industry.
Hosts are required to pay a registration fee of $65 for the first 12 months and an annual renewal fee of $25.
There are Strata by-laws that restrict certain types of short-term rentals.

Is Byron Bay A Good Place to Invest?

If you’re worried about spending thousands of bucks to purchase a property, the good news is you don’t need to! Property investors and hosts prefer to do rental arbitrage in Australia since this does not require owning a property. Based on statistical data for Byron Bay, the rental population in this area is 23.26% with a compound growth rate of 12.5%.

By using an accurate short-term rental calculator, you’ll be able to confirm if Byron Bay is a good place for investment! It’s important to know your estimated annual revenue and high-return investment opportunities in Byron Bay – and with Airbtics, it shouldn’t be a difficult task at all!

Source: Property Investment in Byron Bay

Byron Bay’s Property Market 2022

According to the latest data, Byron Bay’s property market is ranked 7th for being the best-performing suburb as of June 2022. Despite the increase in price, investors are still making gains in this area because of its close proximity to the large regional centre!

In order to properly target a profitable area, here are some of the most recommended neighborhoods that you can look into & consider purchasing based on Airbtics estimator:

Suburbs	Price of 2bd Apartments	Average Rent Price	Average Airbnb Revenue
Byron Beach	A$1.6M (94 sq.m. apartment)	A$3,563	A$9,828
Tallow Beach	A$1.7M (144 sq.m. apartment)	A$3,389	A$9,933

Conclusion

In general, considering the Airbnb rules & regulations in Byron Bay will help your Airbnb business to run smoothly! Aside from the fact that this is a passive income for various hosts, starting an Airbnb business is also a way to enjoy life and connect with new people from all over the world. Try Airbtics now and make the wisest investment decisions!

Tags Airbnb Rules & Regulations, lat_-28.6483333, lng_153.6177778

🎉 FREE WEBINAR - July 24th, 11am / 8pm CET - Learn Airbtics in 7 Minutes - Revenue and Market Analysis Tips and Best Practices!

What is Rental Arbitrage?

Is Rental Arbitrage Profitable in Surfers Paradise?

Profit & Monthly Expense in Surfers Paradise

Startup Cost in Surfers Paradise

Best Areas for Rental Arbitrage in Surfers Paradise

1. Chevron Island

2. Macintosh Island

3. Golden Coast Beach

Short-term rental regulations in Surfers Paradise

Rental Properties in Surfers Paradise

1. Homely

2. Rent AU

How to Find Landlords for Airbnb Rental Arbitrage

Search Engines & Marketplaces

Communicate with Landlords

Is Airbnb legal in Canberra?

How much can I make by running an Airbnb in Canberra?

What Are The Short-term Rental Accommodation Policies in Canberra?

Is Canberra A Profitable Area to Invest In?

Canberra’s Property Market 2022

Conclusion

Is Airbnb legal in Adelaide?

How much can I make by running an Airbnb in Adelaide?

What Are The Short-term Rental Accommodation Policies in Adelaide?

Is Adelaide A Profitable Area to Invest In?

Adelaide’s Property Market 2022

Conclusion

Is Airbnb legal in Perth?

How much can I make by running an Airbnb in Perth?

What Are The Short-term Rental Accommodation Policies in Perth?

Is Perth A Profitable Area to Invest In?

Perth’s Property Market 2022

Conclusion

Airbnb’s Trending Cities

Is Airbnb Profitable in New York?

Rental Arbitrage in New York

Top 10 Most Profitable Cities & Neighborhoods for Airbnb in New York

1. Manhattan

2. Upper Manhattan

3. Queens

4. Astoria

5. Ridgewood

6. Brooklyn

7. Williamsburg

8. Staten Islands

9. Bronx

10. Long Island

General Overview

Explore The Most Profitable Airbnb Locations in New York

Is Airbnb legal in Brisbane?

How much can I make by running an Airbnb in Brisbane?

What Are The Short-term Rental Accommodation Policies in Brisbane?

Is Brisbane A Profitable Area to Invest In?

Brisbane’s Property Market 2022

Conclusion

Is Airbnb legal in Melbourne?

How much can I make by running an Airbnb in Melbourne?

What Are The Short-term Rental Accommodation Policies in Melbourne?

Is Melbourne A Profitable Area to Invest In?

Melbourne’s Property Market 2022

Conclusion

Is Airbnb legal in Sydney?

How much can I make by running an Airbnb in Sydney?

What Are The Short-term Rental Accommodation Policies in Sydney?

Is Sydney A Profitable Area to Invest In?

Sydney’s Property Market 2022

Conclusion

Quick Links

Quick Links

Is Airbnb legal in Bondi Beach?

How much can I make by running an Airbnb in Bondi Beach?

What Are The Short-term Rental Accommodation Policies in Bondi Beach?

Is Bondi Beach A Profitable Area to Invest In?

Sydney’s Property Market 2022

Conclusion

Is Airbnb legal in Byron Bay?

How much can I make by running an Airbnb in Byron Bay?

What Are The Short-term Rental Accommodation Policies in Byron Bay?

Is Byron Bay A Good Place to Invest?