• With a booming economy, relatively affordable housing, and great living conditions, Geelong emerges as a dynamic STR investment destination.
• Airbnb hosts in Geelong have the potential to earn an annual revenue of A$39,399 with a 78% occupancy rate for a 1-bedroom property, as confirmed by Airbtics’ Airbnb income calculator.
• With the aid of Airbtics’ Dashboard, we’ve pinpointed the top 6 markets for short-term rental investments in Geelong, offering invaluable insights for property investors aiming for optimal returns.

Prime Investment Opportunities: Where to Invest in Geelong for Maximum Returns

The charming port city of Geelong is located at the eastern end of Corio Bay and the left bank of Barwon River, featuring scenic beaches and panoramic ocean views. This destination is a delightful place to visit and considering its great quality of life, it’s also a great city for anyone who wants to settle there.

Furthermore, Geelong is a great destination for investors looking to begin their short-term rental journey and also for those who want to expand their portfolio. Yet, before investing in a short-term rental property in Geelong, it’s crucial to conduct an Airbnb data analysis to gain a comprehensive understanding of the rental markets available. This analysis will help you identify the most profitable opportunities based on important key metrics.

If you’re searching for where to invest in a rental property in Geelong, this article provides insights into the top areas for short-term rental investments. You will also find Airbnb metrics for each area, offering valuable information to help you make informed investment decisions!

Why should you consider buying an investment property in Geelong?

Geelong features a breathtaking landscape and a lively cultural scene! And it also presents an intriguing market for property investors looking to generate a nice income stream from short-term lettings. 

Check out some of the top reasons why you should invest in rental properties in Geelong:

• RELATIVELY AFFORDABLE HOUSING MARKET

One of the biggest advantages of investing in Geelong real estate is that the region may present more budget-friendly property options compared to other major Australian cities. This affordability facilitates investors’ entry into the market, enabling them with the potential to obtain positive cash flow.

Currently, the average property price in Geelong is A$920K for houses and A$697K for units, which is a relatively lower value if we consider the markets of metropolitan areas like Sydney and Melbourne. However, if buying a house is not possible yet, you can try rental arbitrage in Geelong as an alternative as rent prices are more affordable! As of November 2023, the average rent price is currently around A$500. 

• BOOMING ECONOMY & POPULATION GROWTH

Geelong owns a diversified and strong economy that keeps evolving with plenty of industries that help the region present a solid job market. Some of its major sectors are education, tourism, health, manufacturing, construction, and innovation & research.

Moreover, over the past decade, the region has experienced robust job growth that has rapidly transformed Geelong’s economy. This also helped the region to enjoy positive demographic growth, paving the way for a promising future!

• WELCOMING COMMUNITY & HIGH STANDARD OF LIVING

As the second largest city in Victoria, Geelong offers an attractive lifestyle with a plethora of local amenities such as dining options, shopping centers, sports facilities, and healthcare services. There’s also no lack of recreational activities as well as events and festivals happening throughout the year.

On top of that, Geelong is also known for its friendly community and numerous community venues encourage social interaction, which can quickly make you feel at home. 

• ENJOY THE COASTAL SCENERY & CULTURAL ACTIVITIES!

Looking for a destination where you can enjoy natural wonders and fascinating cultural activities? Then look no more because Geelong has everything you’re looking for!

This port city provides striking vistas and a charming environment, contributing to an enjoyable experience. With coastal settings and scenic beaches, visitors and locals alike can engage in outdoor activities such as surfing, boating, or just enjoy a relaxing day on the beach. 

Geelong also features a wide range of cultural options, from museums to art galleries and theaters. The city also hosts events and festivals throughout the year, allowing visitors and residents to enjoy plenty of cultural and social activities.

Moreover, the scenic beauty and cultural events in Geelong draw a high influx of overnight visitors, opening up possibilities for profitable short-term rentals!

Is Airbnb Profitable in Geelong?

Curious about the profitability of STR investments in Geelong? Put your concerns to rest as Airbtics is here to confirm their worth! Geelong, with its natural beauty, cultural events, and festivals, consistently draws a substantial number of visitors, presenting ample opportunities for lucrative holiday lettings.

Let’s have an overview of Geelong’s Airbnb market – According to Airbtics’ Airbnb host calculator, an Airbnb host can obtain annual revenue of A$39,399 with a steady occupancy rate of 78% for operating a 1-bedroom property in Geelong. 

• 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. 

• Many property investors can benefit from a nice revenue stream from their Airbnb properties thanks to Toowoomba’s booming economy, affordable cost of living, and attractive rental yields.
• Explore the most profitable suburban areas for real estate investments in Toowoomba, along with essential Airbnb statistics for each location.
• In Toowoomba, Airbnb hosts have the potential to earn an annual income of A$35,083 with a 69% occupancy rate for a 2-bedroom property.

Unveiling Toowoomba’s Top Suburbs for Investment: Your Guide to the Best Rental Opportunities

Nestled on the crest of the Great Dividing Range in Queensland, Toowoomba features breathtaking scenery, a pleasant climate and a friendly atmosphere. Thanks to these factors, the region attracts people from all over the country while providing them with a wide variety of entertainment and activities all year round.

As one of the most profitable areas to invest in vacation rentals in Australia, Toowoomba has become quite the catch to property investors looking to earn a nice income stream. The region has been experiencing steady growth in recent years and features a stable real estate market, creating an investor-friendly environment.

Interested in identifying the most promising suburbs in Toowoomba that offer excellent investment prospects for rental properties? In this article, we feature the best suburbs in Toowoomba to invest in Airbnb and also provide insights into what you can expect when contemplating real estate investments in this region. Keep reading to learn more!

Main Reasons to Invest in Short-Term Rentals in Toowoomba

Toowoomba suburban areas present an attractive rental market for property investors, offering numerous advantages worth considering. Moreover, it also features some best Airbnb property management companies in Australia that you can team up with! 

Explore some of the key advantages that make rental properties in Toowoomba a potentially lucrative opportunity:

• STABLE REAL ESTATE MARKET

There has been a steady increase in demand for property in Toowoomba due to the region’s population and economic growth. As a result, this creates a favorable environment for investors because it can increase asset values and yield solid returns.

Moreover, unlike larger Australian cities such as Sydney and Melbourne, Toowoomba has proven to be a more stable and predictable property market. Property prices tend to be more affordable and are not so influenced by extreme market fluctuations, which provides investors with greater confidence and security as well as the opportunity to earn solid long-term returns. Currently, the median house price in Toowoomba is A$631,876 and the average unit value is A$386,000 as confirmed by realestate.com.au.

• GROWING RENTAL MARKET 

Toowoomba has experienced an ongoing demographic increase in recent years, with a rise in the local population and also through the arrival of new residents. This as well as the strong education sector has driven demand for housing, both to buy and to rent, which can be beneficial to property investors.

Considering the reasonable real estate market prices and the solid rental demand, landlords can certainly expect a high return on investment.

• THRIVING ECONOMY & DIVERSE JOB MARKET

In Darling Downs, Toowoomba plays an important economic role as a major contributor to the region’s GRP. Overall, Toowoomba has experienced a consistent economic expansion in recent years. The region has a variety of booming industries, such as agriculture, business services, education, health and manufacturing. 

Additionally, Toowoomba has been solidifying its role as a prominent regional hub for business services. Some sectors that have seen remarkable growth and added value to the region are financial and insurance, professional, scientific, and technical services.

• ENTICING LIVING CONDITIONS 

An enjoyable lifestyle with an affordable living cost, subtropical climate, green spaces, parks and a welcoming community is what Toowoomba offers. The region is popular for its gardens, festivals and cultural events, making it an attractive place to live and visit. Toowoomba also has a variety of high-quality schools and academic facilities like the University of Southern Queensland, opening the doors to great educational and research opportunities. 

Moreover, the Toowoomba region is constantly upgrading its infrastructure, including road expansion projects, public transport improvements and urban development. These improvements enhance the attractiveness of the region and can have a positive impact on long-term property values.

• PLENTY OF THINGS TO DO

Toowoomba is full of exciting leisure options for all ages, so whether you’re up for outdoor activities or cultural attractions, you’ll absolutely find something for you here! 

One of the highlights of the region is its many gardens and green areas. It’s renowned for its numerous parks and beautiful botanical gardens, such as the Ju Raku En Japanese Garden and the Queens Park Botanical Garden. These places offer a peaceful haven where residents and visitors can relax and enjoy the natural beauty.

In addition to its scenic beauty, Toowoomba is also popular for its vibrant cultural and arts scene. The region hosts several festivals and events throughout the year, such as the Toowoomba Flower Festival and the Carnival of the Arts!

Is Airbnb Profitable in Toowoomba?

With the help of Airbtics, we can confirm that an Airbnb property investment in Toowoomba certainly is a great idea as investors can enjoy a rewarding financial experience! 

Let’s dive deeper into Toowoomba’s Airbnb market – Based on Airbtics’ free Airbnb calculator data, an Airbnb host can obtain annual revenue of A$35,083 with a steady occupancy rate of 69% for operating a 1-bedroom apartment in Toowoomba City. 

• Thanks to Wollongong’s robust economic stability, reasonable cost of living and appealing rental returns many property investors can enjoy a nice income stream from their Airbnb properties.
• Delve into the top lucrative suburban areas for real estate investments in Wollongong, including important Airbnb statistics for each location.
• Airbnb hosts can potentially earn an annual revenue of A$68,441 with an occupancy rate of 72% for a 2-bedroom property in Wollongong.

Wollongong’s Coastal Charm: Your Guide to the Best Suburbs for Property Investments

The coastal city of Wollongong, located in New South Wales, is renowned for its white sandy beaches, scenic landscapes, and vibrant cultural scene. Nestled between the Illawarra escarpment and the Pacific Ocean, the area provides visitors and locals alike with a unique blend of natural beauty and urban amenities!

This welcoming city is quite a popular tourist destination in NSW, not only because it’s located near Sydney but also because of its stunning beaches and lively social scene. Wollongong little by little became an ideal for those looking to escape the urban hustle and bustle! And, as of late, the region has also been drawing the attention of property investors with its attractive investment prospects since it’s one of the top cities to invest in STRs in Australia.

Curious about which suburbs in Wollongong present prime investment opportunities for rental properties? In this article, we unveil the best suburbs to invest in Airbnb in Wollongong and what to anticipate when considering real estate investments in this region. Keep reading to discover more!

Top Reasons to Invest in Wollongong Real Estate

Tasmanian cities are an interesting market to invest in from the perspective of property investors if we consider the many advantages it offers. Check out some of the major reasons why rental properties in Tasmania can be a profitable idea: 

• Prosperous rental market

Wollongong’s rental market is currently characterized by prosperity and affordability. Due to the region’s attractive coastline location and urban amenities, there continues to be a high demand for rental dwellings. Additionally, Wollongong is relatively cheaper than some of its neighboring cities, so it became a desirable location for both residents and investors. However, it may be quite difficult for investors with a limited budget to find affordable properties near tourist zones.

If you’re looking to cater to vacation accommodations, then you can enjoy this dazzling coastal charm while teaming up with some of the best companies that manage Airbnb Rentals in Australia!

• Solid economy with a sustainable development

In the Illawarra region, Wollongong is a major economic hub with a diversified economy with a mix of traditional industries and emerging sectors. The area encompasses a variety of industries like healthcare, tech, education and research, manufacturing, tourism and retail, which all serve as major driving forces that contribute to the region’s economic prosperity. 

On top of that, the greater Wollongong area has grown steadily and sustainably over the past few years.

• Enticing living conditions

Wollongong offers a high quality of life with a combination of a welcoming community, low pollution and good amenities. The region is known for its friendly environment, welcoming people from diverse cultures, and creating an inclusive and vibrant environment.

Residents and visitors alike can easily explore the region facilitating mobility within the CBD and other areas. It provides a modern and efficient infrastructure, including roads, efficient public transport and rail links.

Additionally, Wollongong is also home to prestigious educational institutions like the University of Wollongong, which is known for its academic excellence and research programs that attract local and international students. This also helps generate a steady demand for student housing and rental properties.

• Enjoy this coastal city’s stunning scenery

If you enjoy being surrounded by nature while also getting to experience a vibrant cultural scene, then you will surely love Wollongong! 

Nestled between the Illawarra escarpment and the Pacific Ocean, Wollongong offers a unique blend of natural beauty and urban amenities. With its stunning coastal location, the area is blessed with numerous pristine beaches, including Wollongong City Beach, and Port Kembla Beach, making it a popular destination for water activities like swimming and surfing. On the other hand, the Illawarra Escarpment State Conservation Area and the Royal National Park provide ample opportunities for hiking, bushwalking, and birdwatching.

Aside from its natural attractions, Wollong features a diverse range of cultural and recreational activities. The area is known for its lively arts and music scene, with several theaters, galleries, and live music venues showcasing local talent. 

Is Airbnb Profitable in Wollongong?

Are you concerned if Wollongong Airbnb investments are worth spending your time and money on? Let us confirm that they are absolutely worthwhile! In fact, Wollongong is ranked among the finest cities in NSW to invest in Airbnb!

Let’s take a quick look at Wollongong’s Airbnb potential – According to Airbtics’ free Airbnb calculator data, an Airbnb host can obtain annual revenue of A$68,441 with a steady occupancy rate of 72% for operating a 2-bedroom property in Wollongong.