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Best Suburbs to Invest in Greater Bendigo: Earn Up to A$60,125 with 73% Occupancy Rate

Best Suburbs to Invest in Greater Bendigo: 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.

Best Suburbs to Invest in Greater Bendigo: Earn Up to A$60,125 with 73% Occupancy Rate

best suburbs to invest in bendigo

Best Suburbs to Invest in Greater Bendigo: Earn Up to A$60,125 with 73% Occupancy Rate

Discover the key insights for successful property investment in Bendigo, including the best suburbs to invest in and its Airbnb metrics!

Best Suburbs to Invest in Greater Bendigo: Earn Up to A$60,125 with 73% Occupancy Rate

Key Takeaways

  • 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

Let’s delve into Bendigo’s Airbnb market – According to Airbtics’ Airbnb ROI calculator, an Airbnb host in Bendigo can achieve an annual revenue of A$60,125 with a consistent occupancy rate of 73% when operating a 2-bedroom property.

Best Suburbs to Invest in Bendigo: Hotspots for Short-term rentals

Greater Bendigo presents great investment opportunities to property investors looking to secure a positive cash-on-cash return, but there’s still a major doubt: where should you invest in real estate in Bendigo? Additionally, before setting up their listings,  future Airbnb hosts should also consider the associated startup costs.

Go ahead and uncover the best suburbs for short-term rental investments in Bendigo:

airbtics-logo-300x87
Location Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
North Bendigo 31 3 bedrooms A$480,000 (3 BR) A$63,369 13.20%
Golden Square 33 3 bedrooms A$496,000 (3 BR) A$53,552 10.80%
Ironbark 20 3 bedrooms A$617,000 (3 BR) A$50,204 8.14%
Kennington 29 1 bedroom A$250,000 (1 BR) A$36,720 14.69%
Heathcote 40 2 bedrooms A$380,000 (2 BR) A$36,254 9.54%
Flora Hill 21 2 bedrooms A$385,000 (2 BR) A$29,593 7.69%

Location

Airbnb Dataset

  • Total Airbnb Listings: 31
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$480,000
  • Airbnb Annual Revenue: A$63,369
  • Gross Rental Yield: 13.20%
  • Total Airbnb Listings: 33
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$496,000
  • Airbnb Annual Revenue: A$53,552
  • Gross Rental Yield: 10.80%
  • Total Airbnb Listings: 20
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$617,000
  • Airbnb Annual Revenue: A$50,204
  • Gross Rental Yield: 8.14%
  • Total Airbnb Listings: 29
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): A$250,000
  • Airbnb Annual Revenue: A$36,720
  • Gross Rental Yield: 14.69%
  • Total Airbnb Listings: 40
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$380,000
  • Airbnb Annual Revenue: A$36,254
  • Gross Rental Yield: 9.54%
  • Total Airbnb Listings: 21
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$385,000
  • Airbnb Annual Revenue: A$29,593
  • Gross Rental Yield: 7.69%
Explore More Profitable Locations in Greater Bendigo!

A Guide to Spotting Potential Airbnb Rental Markets

Identifying promising rental markets can be a time-consuming endeavor. That’s why it’s wise to leverage advanced resources available to property investors to hasten this process.

First, go ahead and explore real estate forums and conduct research on search engines to discover which locations are piquing significant interest among investors. This approach will allow you to sort your list. You should also utilize analytical tools to identify profitable STR markets, especially those that provide dynamic data.

Airbtics Dashboard allows users to explore a city and gain valuable insights to simplify their investment research. This dashboard provides users with precise data sets that showcase metrics such as average revenue, occupancy, nightly rates, seasonality, and more.

Australia Airbnb

Sometimes, your desired location might not show up in the search results, but there’s no need to fret! You can easily create your own custom market.

Now that you have a clearer perspective of your target market, feel free to experiment with the filters to identify the results that fit your needs. You can use filters to find out what type of property offers the most appealing profit in your chosen area. 

One of the greatest advantages of dynamic data is the fact that by moving and zooming in and out of your map, the data will also change accordingly.

You can repeat this process until you find which property type makes a sound investment choice in your target area. By comparing data across various property types, you can pinpoint the option that aligns best with your preferences and goals.

Bendigo – A Top Investment Hub with Profitable Airbnb Potential 

Bendigo stands out as a great investment destination. Its stable property market, robust rental sector, and resilient economy make the region an attractive hub for property investors looking to cater to short-term lettings. Additionally, Airbtics’ insights into Bendigo’s market reveal it as one of the most profitable Airbnb locations in Australia.

Exploring the best suburbs to invest in Greater Bendigo provides an excellent starting point for your venture into the real estate market in Victoria. Yet, it’s important to utilize resources to conduct an Airbnb analysis such as Airbtics Dashboard. Thus, investors like you will be able to streamline investment research! By leveraging dynamic data and insights, you can identify potential short-term rental markets, compare various property types, and make well-informed decisions that align with their investment goals.

Pro Book
Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

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Find unsaturated neighborhoods with the highest occupancy history.

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Travel, Invest, Prosper: How Thailand Offers Opportunities for Property Investment

How Thailand Offers Opportunities for Property Investments: Thailand property opportunities for investment. Iconic buildings in Pattaya. Top 10 things to do in Thailand.

Travel, Invest, Prosper: How Thailand Offers Opportunities for Property Investment

thailand investment opportunities

thailand investment opportunities

Travel, Invest, Prosper: How Thailand Offers Opportunities for Property Investment

Thailand property opportunities for investment. Iconic buildings in Pattaya. Top 10 things to do in Thailand.

thailand investment opportunities

Travel, Invest, Prosper: How Thailand Offers Opportunities for Property Investments

In major cities around the world, such as Bangkok, living in high-rise buildings is the norm. Some of these high-rise buildings are completely unremarkable, blending into the city’s appearance, while others look impressive and become the calling cards of cities. What is unusual in Thailand is that there are skyscrapers not only in the capital but also in the resorts. Suppose your goal is to buy real estate in Thailand that is profitable and successful in every sense, including aesthetics, and attractiveness for example, the cost of houses in Thailand. In that case, we recommend taking a closer look at the apartments in the most famous towers on the east coast of Pattaya. Rest assured: housing in such iconic buildings is likely to retain liquidity.

thailand investment opportunities

thailand investment opportunities

Dreamy Reflection at Jomtien Beach, Pattaya

Dreamy Reflection offers exclusive apartments with resort-style amenities. Consisting of two majestic towers with a height of 234 meters and 55 floors, this residential building is the tallest high-rise building in Pattaya.

Construction of the towers was completed in 2013. The creator is Major Development PCL, a leading developer known for luxury residential projects. The project was created by P&T Group, one of the oldest architectural and engineering firms in the world, known for its vast network of branches in 70 countries.

Each apartment in the tower has panoramic views of the sea, thanks to floor-to-ceiling glazing and a unique corner window. This area has a low population density, which creates an atmosphere of luxury and privacy for all residents.

This is a good investment option for preserving and increasing capital: such an iconic house will always be valuable. You can buy real estate in this residential complex for 5.9 million baht (prices at the current exchange rate of €158,500). The minimum price tag applies to apartments with an area of 60 sq.m.

Northpoint South Tower, Wong Amat, Pattaya

The award-winning North Point area overlooks the beautiful Wong Amat Beach, with panoramic views of the endless sea from every apartment. Here is the second tallest skyscraper in Pattaya – the South Tower, with a height of 205 meters. The total number of apartments in the two towers of the complex is 370 units. In addition to residential accommodation, the complex also offers a luxurious leisure environment – beautiful gardens, swimming pools, and other hotel amenities.

Completed in 2010 and named “Best East Coast Condominium” at the 2010 Thai Property Awards, this stunning home was created by developer Raimon Land, a leader in luxury real estate development. The project is a collaboration with HB Design. The object ranks 2nd in height in Pattaya and 24th in Thailand.

What about the cost? Prices in the complex start from 7.9 million baht. Information for European readers interested in purchasing foreign real estate: at the current exchange rate, apartments in this tower can be bought for 188.5 thousand euros. Furnished apartments with an area of 80 sq.m. are put up for sale for this amount.

thailand investment opportunities

thailand investment opportunities

Top 10 things to do in Thailand

  • Hide on a paradise island. In the province of Trang is the amazing island of Kradan. There are not even ATMs on it, and people are rare. The number of hotels located here can be counted on one hand. But all the beaches are snow-white, the water is turquoise, and you can have excellent snorkeling on the coast. The bounty island of Kradan perfectly dispels the sad mood.
  • Learn to control an elephant. You can meet gray giants in person at the Thai Elephant Conservation Center nursery, as well as at the Elephant Jungle Sanctuary.
  • Visit the first capital. We are talking about the historical city of Sukhothai.
  • Try rock climbing right on the beach. You can do this on the Railay Peninsula (Krabi is very close). On the uncrowded Tonsai Beach, the rocks are located right next to the water. Here, you can rent equipment and use the help of a professional instructor.
  • Count the temples of Chiang Mai. Northern Thailand is different from Southern Thailand, like heaven and earth. And the temples here are other, and they speak entirely different dialects. It’s better to start getting acquainted with Chiang Mai.
  • Try that same durian. This is the fruit that smells; how can I put it mildly. In general, it doesn’t smell good, but inside, it is better than any cake.
  • Spend an unforgettable vacation with your children. On the island of Koh Samui, all conditions have been created for a holiday with children. The entrance to the sea is gentle; you can build sand castles, eat fruits, and drink freshly squeezed juices. And there will also be a company for games.
  • Visit the Ancient Siam Museum. It is located in the open air and allows you to briefly and concisely get acquainted with the main attractions of the country. It contains copies of all architectural masterpieces; 
  • Look at Phuket through the eyes of Buddha. Besides the blue water and white yachts, there is another exciting attraction on the island of Phuket. This is a 45-meter-tall Buddha statue made of white marble. It’s worth visiting the statue if only for the energy – it’s special here.
  • Relax with a massage. Thai massage in Europe and Thailand are two significant differences. The art of Thai massage is infused with long-standing traditions and thousands of years of experience. During the session, the master opens energy channels and influences unique points. Worth a try!

Get help in choosing Thai real estate

Are you interested in real estate in Thailand for investment, permanent residence, or rental? You will find the best offers from developers and real estate agencies on the Thailand-Real.Estate website. On the website, you can select villas and apartments and get advice from competent specialists on purchasing housing and moving to permanent residence.

Hundreds of citizens of Europe and other countries already use the aggregator. Phuket, Pattaya, and other resorts in Thailand are waiting for you – start your search right now and become one step closer to your dream of living in beautiful Asia!

Get Accurate Airbnb Data with Airbtics!

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Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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Best Place to Buy a Rental Property in NZ: STR Investments in New Zealand

Best Place to Buy a Rental Property in NZ: STR Investments in New Zealand: Wondering where to invest in New Zealand to secure a positive cash flow? Then you’d check the best place to buy a rental property in NZ!

Best Place to Buy a Rental Property in NZ: STR Investments in New Zealand

best place to buy a rental property in NZ

Best Place to Buy a Rental Property in NZ: STR Investments in New Zealand

Wondering where to invest in New Zealand to secure a positive cash flow? Then you’d check the best place to buy a rental property in NZ!

Best Place to Buy a Rental Property in NZ: STR Investments in New Zealand

Key Takeaways

  • 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

New Zealand presents great investment prospects to property investors, but there’s still a major doubt: where should you invest in real estate in NZ? 

To figure out the best cities and towns for short-term rental investments in this country, we used Airbtics’ calculator and filtered 2-bedroom properties to find out the top 13 markets:

airbtics-logo-300x87
Location Airbnb Listings Airbnb Annual Revenue Occupancy Rate Median Property Price (2 BR) GRY
Queenstown 1,460 $53,472 83% $690,000 7.75%
Wellington 720 $46,694 94% $499,000 9.36%
Auckland 2,292 $42,408 95% $429,000 19.89%
Nelson 365 $38,105 95% $629,000 6.06%
Christchurch 923 $35,378 95% $415,000 8.52%
Hamilton 270 $33,672 92% $569,000 5.92%
Napier 356 $32,103 71% $450,000 7.13%
Gisborne 174 $31,863 83% $440,000 7.24%
Tauranga 279 $31,122 80% $539,500 5.77%
New Plymouth 278 $30,132 78% $495,000 6.09%
Rotorua 469 $29,616 74% $459,000 6.45%
Taupo 589 $29,130 64% $550,000 5.30%
Dunedin 337 $27,172 75% $470,000 5.78%

Location

Airbnb Dataset

  • Total Number of Airbnb Listings: 1,460
  • Airbnb Annual Revenue: $53,472
  • Occupancy Rate: 83%
  • Median Property Price (2 BR): $690,000
  • Gross Rental Yield: 7.75%
  • Total Number of Airbnb Listings: 720
  • Airbnb Annual Revenue: $46,694
  • Occupancy Rate: 94%
  • Median Property Price (2 BR): $499,000
  • Gross Rental Yield: 9.36%
  • Total Number of Airbnb Listings: 2,292
  • Airbnb Annual Revenue: $42,408
  • Occupancy Rate: 95%
  • Median Property Price (2 BR): $429,000
  • Gross Rental Yield: 19.89%
  • Total Number of Airbnb Listings: 365
  • Airbnb Annual Revenue: $38,105
  • Occupancy Rate: 95%
  • Median Property Price (2 BR): $629,000
  • Gross Rental Yield: 6.06%
  • Total Number of Airbnb Listings: 923
  • Airbnb Annual Revenue: $35,378
  • Occupancy Rate: 95%
  • Median Property Price (2 BR): $415,000
  • Gross Rental Yield: 8.52%
  • Total Number of Airbnb Listings: 270
  • Airbnb Annual Revenue: $33,672
  • Occupancy Rate: 92%
  • Median Property Price (2 BR): $569,000
  • Gross Rental Yield: 5.92%
  • Total Number of Airbnb Listings: 356
  • Airbnb Annual Revenue: $32,103
  • Occupancy Rate: 71%
  • Median Property Price (2 BR): $450,000
  • Gross Rental Yield: 7.13%
  • Total Number of Airbnb Listings: 174
  • Airbnb Annual Revenue: $31,863
  • Occupancy Rate: 83%
  • Median Property Price (2 BR): $440,000
  • Gross Rental Yield: 7.24%
  • Total Number of Airbnb Listings: 279
  • Airbnb Annual Revenue: $31,122
  • Occupancy Rate: 80%
  • Median Property Price (2 BR): $539,500
  • Gross Rental Yield: 5.77%
  • Total Number of Airbnb Listings: 278
  • Airbnb Annual Revenue: $30,132
  • Occupancy Rate: 78%
  • Median Property Price (2 BR): $495,000
  • Gross Rental Yield: 6.09%
  • Total Number of Airbnb Listings: 469
  • Airbnb Annual Revenue: $29,616
  • Occupancy Rate: 74%
  • Median Property Price (2 BR): $459,000
  • Gross Rental Yield: 6.45%
  • Total Number of Airbnb Listings: 589
  • Airbnb Annual Revenue: $29,130
  • Occupancy Rate: 64%
  • Median Property Price (2 BR): $550,000
  • Gross Rental Yield: 5.30%
  • Total Number of Airbnb Listings: 337
  • Airbnb Annual Revenue: $27,172
  • Occupancy Rate: 75%
  • Median Property Price (2 BR): $470,000
  • Gross Rental Yield: 5.78%
Explore More Profitable Locations in New Zealand!

A Guide to Finding Potential Airbnb Rental Markets with Airbtics

Identifying promising rental markets can be a time-consuming endeavor. That’s why it’s wise to leverage advanced resources available to property investors to hasten this process.

First, go ahead and explore real estate forums and conduct research on search engines to discover which locations are piquing significant interest among investors. This approach will allow you to sort your list. You should also utilize analytical tools to identify profitable STR markets, especially those that provide dynamic data.

Airbtics Dashboard allows users to explore a city and gain valuable insights to simplify their investment research. This dashboard provides users with precise data sets that showcase metrics such as average revenue, occupancy, nightly rates, seasonality, and more.

best place to buy a rental property in NZ

Sometimes, your target location might not appear in the search results, but you can easily create your own custom market.

Now that you have a clearer perspective of your target market. Feel free to experiment with the filters to identify the results that fit your needs. You can use filters to find what type of property offers the most appealing profit in your chosen area. 

One of the greatest advantages of dynamic data is that if you move and zoom in and out of your map, the data will also change accordingly.

You can repeat this process until you find which property type makes a sound investment choice in your target area. By comparing data across various property types, you can pinpoint the option that aligns best with your preferences and goals.

Maximizing Returns: Navigating New Zealand’s Real Estate Opportunities with Informed Insights

best place to buy a rental property in NZ

New Zealand is a destination of significant tourist importance and features a resilient economy and a strong real estate market. Additionally, most New Zealand cities can generate good rental yields and a nice stream of passive income that presents appealing opportunities for property investors. Yet, investors with a limited budget may avoid major urban areas in New Zealand as living costs and housing values can be quite expensive.

While there are many profitable cities and towns in New Zealand, it’s crucial to acknowledge the inherent risks associated with investing in a market without a comprehensive analysis of all relevant Airbnb KPIs. Therefore, it is recommended to conduct thorough market research using short-term rental analytics tools for accuracy like Airbtics since it can help investors and hosts to make data-driven decisions. Living in a digital era with limitless possibilities and benefits that simplify decision-making, we encourage you to take advantage of it to unveil the profitability of your chosen market in New Zealand!

Explore More Profitable Locations in New Zealand!

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

  • Quick Links

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Airbnb Investment All About Airbnb

Best Suburbs to Invest in Ballarat: Unlocking Airbnb Potential Markets

Looking for profitable markets in Ballarat? Explore the best suburbs to invest in Airbnb in Ballarat and enjoy a nice income stream!

Best Suburbs to Invest in Ballarat: Unlocking Airbnb Potential Markets

best suburbs to invest in Ballarat

Best Suburbs to Invest in Ballarat: Unlocking Airbnb Potential Markets

Looking for profitable markets in Ballarat? Explore the best suburbs to invest in Airbnb in Ballarat and enjoy a nice income stream!

Best Suburbs to Invest in Ballarat: Unlocking Airbnb Potential Markets

Key Takeaways

  • 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. 

Ballarat is an excellent location for investment, but it’s crucial to consider that your potential income can be influenced by factors such as the number of bedrooms in your property and its specific location. Additionally, analyzing metrics like the median property price is essential for identifying promising investment prospects

Ballarat Airbnb Rental Market: Most Profitable Locations for STR Accommodations

Before making hasty decisions, conducting Airbnb data analysis is a crucial step to pinpoint the ideal areas for establishing your listing, and ensuring the success of your rental property. This is important because investors must recognize that the profitability of short-term rentals varies depending on the specific location, resulting in different revenue levels.

Go ahead and check out the best suburbs to invest in Ballarat and are highly recommended for operating rental properties:

airbtics-logo-300x87
Location Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
Golden Point 22 3 bedrooms A$562,500 (3 BR) A$51,624 9.18%
Central Ballarat 66 2 bedrooms A$490,000 (2 BR) A$51,183 10.45%
Lake Wendouree 22 3 bedrooms A$749,000 (3 BR) A$50,895 6.80%
Alfredton 15 3 bedrooms A$600,000 (3 BR) A$50,682 8.45%
Soldiers Hill 19 3 bedrooms A$615,000 (3 BR) A$50,064 8.14%
Ballarat East 15 1 bedroom A$364,950 (1 BR) A$46,272 12.6%

Location

Airbnb Dataset

  • Total Airbnb Listings: 22
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$562,500
  • Airbnb Annual Revenue: A$51,624
  • Gross Rental Yield: 9.18%
  • Total Airbnb Listings: 66
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$490,000
  • Airbnb Annual Revenue: A$51,183
  • Gross Rental Yield: 10.45%
  • Total Airbnb Listings: 22
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$749,000
  • Airbnb Annual Revenue: A$50,895
  • Gross Rental Yield: 6.80%
  • Total Airbnb Listings: 15
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$600,000
  • Airbnb Annual Revenue: A$50,682
  • Gross Rental Yield: 8.45%
  • Total Airbnb Listings: 19
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$615,000
  • Airbnb Annual Revenue: A$50,064
  • Gross Rental Yield: 8.14%
  • Total Airbnb Listings: 15
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): A$364,950
  • Airbnb Annual Revenue: A$46,272
  • Gross Rental Yield: 12.68%
Explore More Profitable Locations in Ballarat!

How to Spot Potential Airbnb Rental Markets?

Identifying promising rental markets can be a time-consuming endeavor. That’s why it’s wise to leverage advanced resources available to property investors to hasten this process.

Additionally, you should consider delving into real estate forums and conducting thorough research on search engines to discover which locations are piquing significant interest among investors. This approach will allow you to sort your list and gain a clear understanding of the cities that are worthy of your focus. Plus, we encourage investors like you to utilize analytical tools to identify lucrative Airbnb markets, especially those that can provide dynamic data.

Airbtics Dashboard allows users to explore a city and gain valuable insights to simplify their investment research. This dashboard provides users with precise data sets that showcase metrics such as average revenue, occupancy, nightly rates, seasonality, and more.

But don’t take just our word for it, go ahead and take a look at Simon, a satisfied Airbtics customer, who ventured into a new Airbnb market, ultimately achieving higher profitability than his previous one!

Australia Airbnb

Sometimes, your desired location might not show up in the search results, but there’s no need to fret! You can easily create your own custom market.

Now that you have a clearer perspective of your target market, feel free to experiment with the filters to identify the results that fit your needs. You can use filters to find out what type of property offers the most appealing profit in your chosen area. 

One of the greatest advantages of dynamic data is the fact that by moving and zooming in and out of your map, the data will also change accordingly.

You can repeat this process as often as you need to figure out which type of property makes a sound investment choice in your target area. By comparing data across various property types, you can pinpoint the option that aligns best with your preferences and goals.

Harnessing Ballarat’s Investment Potential: Unveiling Lucrative Suburbs and Maximizing Returns

Ballarat’s real estate market offers a plethora of investment opportunities for real estate enthusiasts, thanks to its robust rental market, affordable housing and positive economic growth. However, amidst the numerous promising areas that guarantee strong rental returns and annual earnings, we highly recommend conducting a thorough exploration of all available options to avoid overlooking superior prospects.

Pinpointing the best suburbs to invest in Ballarat serves as the ideal starting point for your investment venture. Now, it’s time to take the next step with your research while using top-notch analytics tools like Airbtics that will help you improve profitability through well-informed, data-driven decisions.

Pro Book
Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

  • Quick Links

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Best Suburbs to Invest in Central Coast: Gauging Airbnb Profitability

Find out the best suburbs to invest in Central Coast! In this article, we provide an overview of the most desirable suburban areas to consider when making an investment decision.

Best Suburbs to Invest in Central Coast: Gauging Airbnb Profitability

best suburbs to invest in Central Coast

Best Suburbs to Invest in Central Coast: Gauging Airbnb Profitability

Find out the best suburbs to invest in Central Coast! In this article, we provide an overview of the most desirable suburban areas to consider when making an investment decision.

Best Suburbs to Invest in Central Coast: Gauging Airbnb Profitability

Key Takeaways

  • 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. 

Aside from gauging the level of profitability that the Central Coast can generate, there are a few more things to consider as the revenue will vary depending on factors like the number of bedrooms your property has and where it is located.

Central Coast Investment Property: Top locations to set a short-term lease

Prior to making any hasty decisions, it’s essential to conduct a thorough analysis of Airbnb data to identify the most suitable locations to set up a short-term rental to ensure its success. This is due to the fact that the return on vacation rentals will vary depending on the location, as they’ll generate varying levels of revenue.

Go ahead and check out the best suburbs to invest in Central Coast and are highly recommended for setting up an Airbnb property:

airbtics-logo-300x87
Location Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
Bateau Bay 77 4 bedrooms A$1,100,000 (4 BR) A$172,820 15.72%
The Entrance 152 3 bedrooms A$850,000 (3 BR) A$79,816 9.39%
Copacabana 106 3 bedrooms A$1,305,000 (3 BR) A$73,404 5.62%
Terrigal 232 2 bedrooms A$875,000 (2 BR) A$69,594 7.95%
Avoca Beach 178 2 bedrooms A$490,000 (2 BR) A$61,776 12.61%
Umina Beach 111 2 bedrooms A$703,550 (2 BR) A$60,788 8.64 %

Location

Airbnb Dataset

  • Total Airbnb Listings: 77
  • Best Number of Bedrooms: 4 bedrooms
  • Median Property Price (4 bedrooms): A$1,100,000
  • Airbnb Annual Revenue: A$172,820
  • Gross Rental Yield: 15.72%
  • Total Airbnb Listings: 152
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$850,000
  • Airbnb Annual Revenue: A$79,816
  • Gross Rental Yield: 9.39%
  • Total Airbnb Listings: 106
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$1,305,000
  • Airbnb Annual Revenue: A$73,404
  • Gross Rental Yield: 5.62%
  • Total Airbnb Listings: 232
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$875,000
  • Airbnb Annual Revenue: A$69,594
  • Gross Rental Yield: 7.95%
  • Total Airbnb Listings: 178
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$490,000
  • Airbnb Annual Revenue: A$61,776
  • Gross Rental Yield: 12.61%
  • Total Airbnb Listings: 111
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$703,550
  • Airbnb Annual Revenue: A$60,788
  • Gross Rental Yield: 8.64%
Explore More Profitable Locations in Central Coast!

Tips and Insights on How to Find High-Yield Rental Markets for Airbnb

Identifying promising rental markets can be a time-consuming endeavor. That’s why it’s wise to leverage advanced resources available to property investors to hasten this process.

Additionally, you should consider delving into real estate forums and conducting thorough research on search engines to discover which locations are piquing significant interest among investors. This approach will allow you to sort your list and gain a clear understanding of the cities that are worthy of your focus. Plus, we encourage investors like you to utilize analytical tools to identify lucrative Airbnb markets, especially those that can provide dynamic data.

Airbtics Dashboard allows users to explore a city and gain valuable insights to simplify their investment research. This dashboard provides users with precise data sets that showcase metrics such as average revenue, occupancy, nightly rates, seasonality, and more.

But don’t take just our word for it, go ahead and take a look at Simon, a satisfied Airbtics customer, who ventured into a new Airbnb market, ultimately achieving higher profitability than his previous one!

Australia Airbnb

Sometimes, your desired location might not show up in the search results, but there’s no need to fret! You can easily create your own custom market.

Now that you have a clearer perspective of your target market, feel free to experiment with the filters to identify the results that fit your needs. You can use filters to find out what type of property offers the most appealing profit in your chosen area. 

One of the greatest advantages of dynamic data is the fact that by moving and zooming in and out of your map, the data will also change accordingly.

You can repeat this process as often as you need to figure out which type of property makes a sound investment choice in your target area. By comparing data across various property types, you can pinpoint the option that aligns best with your preferences and goals.

Central Coast Real Estate: Maximizing Your Investment Potential with Data-Driven Insights

Central Coast’s real estate market presents a wealth of investment prospects for real estate enthusiasts, given its strong rental market and positive economic growth. However, in the midst of numerous promising areas that promise robust rental returns and annual earnings, we strongly advise a comprehensive exploration of all available choices to prevent missing out on superior prospects.

To launch your rental venture on the Central Coast, the initial and crucial step is to identify the optimal suburbs for investment. Now, it’s time to elevate your research by leveraging state-of-the-art analytical tools such as Airbtics. These tools will empower you to make informed, data-driven investment decisions, ultimately enabling you to optimize your return on investment.

 

Pro Book
Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

  • Quick Links

Keep Reading

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Airbnb Investment All About Airbnb

Best Suburbs in Toowoomba to Invest in Short-Term Rentals [2023]

Looking to target Toowoomba rental market? If so, here we’ll provide you with a list of the best suburbs in Toowoomba to invest in Airbnb!

Best Suburbs in Toowoomba to Invest in Short-Term Rentals [2023]

best suburbs in toowoomba to invest

Best Suburbs in Toowoomba to Invest in Short-Term Rentals [2023]

Looking to target Toowoomba rental market? If so, here we’ll provide you with a list of the best suburbs in Toowoomba to invest in Airbnb!

Best Suburbs in Toowoomba to Invest in Short-Term Rentals [2023]

Key Takeaways

  • 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. 

Toowoomba is a fantastic place to invest in rental properties, but there are a few things to keep in mind. For example, the number of bedrooms in the property and your location can determine the amount of money you can generate.

Toowoomba Rental Markets: The Best Suburbs to Invest in 2023

Prior to making any hasty decisions, it’s essential to conduct a thorough analysis of Airbnb data to identify the most suitable locations to set up a short-term rental to ensure its success. This is due to the fact that the return on vacation rentals will vary depending on the location, as they’ll generate varying levels of revenue.

Feel free to explore the prime suburban areas in Toowoomba for property investments and are highly recommended for Airbnb listings:

airbtics-logo-300x87
Location Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
Middle Ridge 13 3 bedrooms A$770,000 (3 BR) A$76,181 9.89%
East Toowoomba 57 3 bedrooms A$680,000 (3 BR) A$68,637 10.01%
Mount Lofty 13 3 bedrooms A$598,000 (3 BR) A$62,227 10.41%
Rangeville 15 3 bedrooms A$549,000 (3 BR) A$55,834 10.17%
South Toowoomba 13 2 bedrooms A$390,000 (2 BR) A$41,382 10.61%
Newtown 20 2 bedrooms A$388,000 (2 BR) A$45,839 11.81%

Location

Airbnb Dataset

  • Total Airbnb Listings: 13
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$770,000
  • Airbnb Annual Revenue: A$76,181
  • Gross Rental Yield: 9.89%
  • Total Airbnb Listings: 57
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$680,000
  • Airbnb Annual Revenue: A$68,637
  • Gross Rental Yield: 10.01%
  • Total Airbnb Listings: 13
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$598,000
  • Airbnb Annual Revenue: A$62,227
  • Gross Rental Yield: 10.41%
  • Total Airbnb Listings: 15
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$549,000
  • Airbnb Annual Revenue: A$55,834
  • Gross Rental Yield: 10.17%
  • Total Airbnb Listings: 13
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$390,000
  • Airbnb Annual Revenue: A$41,382
  • Gross Rental Yield: 10.61%
  • Total Airbnb Listings: 20
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$388,000
  • Airbnb Annual Revenue: A$45,839
  • Gross Rental Yield: 11.81%
Explore More Profitable Locations in Toowoomba!

A Guide on How to Find Rental Markets with Advanced Tools and Insights

Identifying promising rental markets can be a time-consuming endeavor. That’s why it’s wise to leverage advanced resources available to property investors to hasten this process.

Additionally, you should consider delving into real estate forums and conducting thorough research on search engines to discover which locations are piquing significant interest among investors. This approach will allow you to sort your list and gain a clear understanding of the cities that are worthy of your focus. Plus, we encourage investors like you to utilize analytical tools to identify lucrative Airbnb markets, especially those that can provide dynamic data.

Airbtics Dashboard and its data accuracy allow users to explore a city and gain valuable insights to simplify their investment research. This dashboard provides users with precise data sets that showcase metrics such as average revenue, occupancy, nightly rates, seasonality, and more.

But don’t take just our word for it, go ahead and take a look at Simon, a satisfied Airbtics customer, who ventured into a new Airbnb market, ultimately achieving higher profitability than his previous one!

Australia Airbnb

Sometimes, your desired location might not show up in the search results, but there’s no need to fret! You can easily create your own custom market.

Now that you have a clearer perspective of your target market, feel free to experiment with the filters to identify the results that fit your needs. You can use filters to find out what type of property offers the most appealing profit in your chosen area. 

One of the greatest advantages of dynamic data is the fact that by moving and zooming in and out of your map, the data will also change accordingly.

You can repeat this process as often as you need to figure out which type of property makes a sound investment choice in your target area. By comparing data across various property types, you can pinpoint the option that aligns best with your preferences and goals.

Seizing Toowoomba’s Real Estate Potential: A Roadmap to Smart Investment in the Airbnb Market

Toowoomba’s property market presents a myriad of investment prospects for real estate investors & enthusiasts thanks to its stable economic and demographic growth rate as well as booming rental market and affordable living costs. However, in the midst of numerous promising areas where one can generate high rental returns and yearly income, it’s strongly advised to explore all available options thoroughly. This comprehensive approach will ensure you don’t miss out on better opportunities.

To start your journey into the rental market in Toowoomba, identifying the best and most suitable suburbs to invest in holiday properties stands as a crucial first step. Now, it’s the perfect time to continue your research by making use of analytics tools like Airbtics. Taking advantage of reliable tools will empower you to make informed investment decisions driven by data while also helping you to optimize your return on investment.

Pro Book
Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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Best Suburbs to Invest in Wollongong: Profitable Areas for Short-Term Rentals

Best Suburbs to Invest in Wollongong: Profitable Areas for Short-Term Rentals: Are you an investor looking to invest in real estate? Here, we share some of the best suburbs you’ll want to consider to invest in Wollongong!

Best Suburbs to Invest in Wollongong: Profitable Areas for Short-Term Rentals

best suburbs to invest in wollongong

Best Suburbs to Invest in Wollongong: Profitable Areas for Short-Term Rentals

Are you an investor looking to invest in real estate? Here, we share some of the best suburbs you’ll want to consider to invest in Wollongong!

Key Takeaways

  • 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. 

If you’re looking to invest in rental properties, then Wollongong certainly is a great place to target, but there are a few things to consider: the number of bedrooms of the property and where you’re located can affect how much income you can obtain.

Rental Properties in Wollongong: Prime Suburbs for Airbnb Investments 

Prior to making any hasty decisions, it’s essential to conduct a thorough analysis of Airbnb data to identify the most suitable locations to set up a short-term rental to ensure its success. This is due to the fact that the return on vacation rentals will vary depending on the location, as they’ll generate varying levels of revenue.

Go ahead and check out the best suburbs to invest in Wollongong and are highly recommended for managing an Airbnbl property:

airbtics-logo-300x87
Location Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
Woonona 36 4 bedrooms A$1,485,000 (4 BR) A$143,556 9.67%
Port Kembla 15 3 bedrooms A$809,000 (3 BR) A$135,678 16.77%
Austinmer 28 2 bedrooms A$970,000 (2 BR) A$132,311 13.64%
Thirroul 43 3 bedrooms A$1,046,500 (3 BR) A$105,042 13.64%
Warilla 22 2 bedrooms A$609,000 (2 BR) A$57,691 9.47%
Central Wollongong 125 2 bedrooms A$670,000 (2 BR) A$57,117 8.52%
North Wollongong 16 1 bedroom A$430,000 (1 BR) A$54,090 12.58%
Shellharbour 25 1 bedroom A$559,000 (1 BR) A$53,154 9.51%

Location

Airbnb Dataset

  • Total Airbnb Listings: 36
  • Best Number of Bedrooms: 4 bedrooms
  • Median Property Price (4 bedrooms): A$1,485,000
  • Airbnb Annual Revenue: A$143,556
  • Gross Rental Yield: 9.67%
  • Total Airbnb Listings: 15
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$809,000
  • Airbnb Annual Revenue: A$135,678
  • Gross Rental Yield: 16.77%
  • Total Airbnb Listings: 28
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$970,000
  • Airbnb Annual Revenue: A$132,311
  • Gross Rental Yield: 13.64%
  • Total Airbnb Listings: 43
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$1,046,500
  • Airbnb Annual Revenue: A$105,042
  • Gross Rental Yield: 10.04%
  • Total Airbnb Listings: 22
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$609,000
  • Airbnb Annual Revenue: A$57,691
  • Gross Rental Yield: 9.47%
  • Total Airbnb Listings: 125
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$670,000
  • Airbnb Annual Revenue: A$57,117
  • Gross Rental Yield: 8.52%
  • Total Airbnb Listings: 16
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): A$430,000
  • Airbnb Annual Revenue: A$54,090
  • Gross Rental Yield: 12.58%
  • Total Airbnb Listings: 25
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): A$559,000
  • Airbnb Annual Revenue: A$53,154
  • Gross Rental Yield: 9.51%
Explore More Profitable Locations in Wollongong!

How to Find High-Yield Rental Markets?

Identifying promising rental markets can be a time-consuming endeavor. That’s why it’s wise to leverage advanced resources available to property investors to hasten this process.

Additionally, you should consider delving into real estate forums and conducting thorough research on search engines to discover which locations are piquing significant interest among investors. This approach will allow you to sort your list and gain a clear understanding of the cities that are worthy of your focus. Plus, we encourage investors like you to utilize analytical tools to identify lucrative Airbnb markets, especially those that can provide dynamic data.

Airbtics Dashboard allows users to explore a city and gain valuable insights to simplify their investment research. This dashboard provides users with precise data sets that showcase metrics such as average revenue, occupancy, nightly rates, seasonality, and more.

But don’t take just our word for it, go ahead and take a look at Simon, a satisfied Airbtics customer, who ventured into a new Airbnb market, ultimately achieving higher profitability than his previous one!

Australia Airbnb

Sometimes, your desired location might not show up in the search results, but there’s no need to fret! You can easily create your own custom market.

Now that you have a clearer perspective of your target market, feel free to experiment with the filters to identify the results that fit your needs. You can use filters to find out what type of property offers the most appealing profit in your chosen area. 

One of the greatest advantages of dynamic data is the fact that by moving and zooming in and out of your map, the data will also change accordingly.

You can repeat this process as often as you need to figure out which type of property makes a sound investment choice in your target area. By comparing data across various property types, you can pinpoint the option that aligns best with your preferences and goals.

Wollongong’s Airbnb Market: Smart Suburb Selection and Data-Driven Insights for Savvy Investors

Wollongong’s real estate landscape offers a plethora of investment opportunities for real estate investors, thanks to its growing rental market and affordable cost of living. But, while there are many lucrative areas that can yield high rental returns and annual income, we strongly recommend that you thoroughly explore all available options. This will help you avoid missing out on better opportunities.

To kickstart your rental venture in Wollongong, pinpointing the best suburbs to invest in is a crucial initial step. And now it’s time to take your research to the next level by using cutting-edge analytics tools such as Airbtics. These tools will help you make smart, data-informed investment decisions that will allow you to maximize your return on investment.

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

  • Quick Links

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Best Suburbs to Invest in Hobart: Unveiling Top Airbnb Rental Markets

Best Suburbs to Invest in Hobart: Unveiling Top Airbnb Rental Markets: Interested in investing property in Hobart? This article provides an overview of the best suburbs to invest in Airbnb in Hobart!

Best Suburbs to Invest in Hobart: Unveiling Top Airbnb Rental Markets

best suburbs to invest in Hobart

Best Suburbs to Invest in Hobart: Unveiling Top Airbnb Rental Markets

Interested in investing property in Hobart? This article provides an overview of the best suburbs to invest in Airbnb in Hobart!

Key Takeaways

  • Hobart’s stable economic background, affordable cost of living, attractive rental yields and thriving tourism sector have allowed property owners to generate a nice passive income through rental properties.
  • Explore the top 10 profitable suburbs for real estate investments around Hobart, along with relevant Airbnb metrics for each area.
  • Airbnb hosts can potentially earn an annual revenue of A$95,675 with an occupancy rate of 88% for a 2-bedroom property in Hobart as confirmed by Airbtics’ free Airbnb calculator. 

Hobart’s Top Airbnb Suburbs: Where to Find the Best Opportunities

Nestled in the island state of Tasmania, Australia along the estuary of the River Derwent, it’s Hobart, the Tasmanian financial and administrative hub. This port city is known for its breathtaking natural landscapes where you can appreciate an imposing skyline dominated by the Kunanyi/Mt Wellington. Hobart also features a unique historical charm and laid-back lifestyle that is appealing to many.

The Tasmanian state capital attracts a great influx of overnight visitors annually, allowing the area to generate a consistent demand for rental properties. This not only makes Hobart a top rental market in Tasmania but also one of the most profitable cities to invest in Airbnb in Australia!

Wondering which suburbs in Hobart offer the best investment opportunities for short-term stays? Here, we unveil the best suburbs to invest in Airbnb in Hobart and what expectations to have for real estate investments here. Continue reading to learn more.

Why should you consider buying an investment property in Hobart?

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: 

  • Booming real estate market

Hobart has experienced steady growth in its real estate market for a while now. Demand for property has been on the rise, resulting in an increase in prices as well as higher investment returns. Tasmania’s population is projected to continue to grow over the next few years, which will continue to drive demand for housing.

Although property prices have skyrocketed, Hobart remains an affordable option compared to other major cities in Australia, such as Sydney or Melbourne. This means you can find properties at relatively lower prices, which increases your chances of solid investment returns. The average price in Hobart property market is A$817,500.

  • Solid rental market

If you’re looking to invest in rental properties in Hobart, you have an eye for profitable locations! The demand for rentals in Hobart is high as the city is packed with students and young professionals who want to live in a peaceful and attractive area. Thus, renting a place in Hobart can be a great way to make passive income.

Moreover, it should be known that Hobart also has a high investment potential if you’re looking to cater to tourist or student accommodations. The city is home to renowned educational institutions that attract many students. Hobart also features a booming tourism industry and welcomes a high flow of visitors, which increases the demand for short-term stays. This can be an excellent opportunity to invest in property and take advantage of the growing tourism & student sector.

  • Stable & diverse economy

Overall, the Tasmanian economy has performed exceptionally well in the last few years. In fact, it was recognized as one of the top-performing economies in Australia according to CommSec. As the state capital, Hobart is a major contributor the the GSP.

Hobart enjoys a stable economy, encompassing a variety of industries, ranging from tourism and agriculture to manufacturing and education, as well as government services, which all contribute to the city’s economic prosperity. 

  • Great living conditions

Hobart is known for being a great place to live in Australia for many reasons. It’s a safe and friendly city with a laid-back atmosphere. Plus, there’s less traffic and a lower population density than other major metropolitan areas in Australia. Additionally, Hobart has excellent educational institutions, including the University of Tasmania. This opens the doors for higher education and academic development opportunities!

  • There’s no lack of leisure options

If you’re eager to explore the picturesque island of Tasmania, then Hobart is a perfect starting point! The city sits in a stunning natural environment, being surrounded by mountains, such as Mt Wellington and also overlooks the Derwent River, one of Australia’s most striking rivers. There’s a wealth of natural areas to explore, such as national parks like Wineglass Bay National Park, dazzling beaches and a variety of walking and hiking paths.

Despite its small size, Hobart is home to a vibrant cultural and artistic scene. It’s renowned for its international festivals such as the iconic MONA FOMA arts festival. The city also boasts sites of interest, with a variety of art galleries, museums, theatres and live music facilities.

Is Airbnb Profitable in Hobart?

Wondering whether Airbnb investments in Hobart are worth your time and money? Allow us to confirm that they are indeed worth it! In fact, Hobart owns the first place in the rank of best places to invest in Airbnb in Tasmania!

Let’s have a glimpse of Hobart’s Airbnb market – According to Airbtics’ free Airbnb calculator data, an Airbnb host can obtain annual revenue of A$95,675 with a steady occupancy rate of 88% for operating a 2-bedroom property in the Tasmanian capital. 

Hobart is a great spot to invest in, but it’s important to keep in mind that how much income you can make depends on a few other things, like how many bedrooms your property has and where it’s located. You should also look at things like the median property price to identify promising investment opportunities.

Where to Invest in Hobart: Best Hobart Suburbs for Airbnb Investment 

Before you make any rushed decisions, it’s always important to do an Airbnb data analysis to find the best areas to set up your listing in order to guarantee your rental property success. Why? Investors should consider the profitability of short-term stays will depend on their specific location because each of them will generate different levels of income. 

Go ahead and check out the best suburbs to invest in Hobart and are highly recommended for operating a rental property:

airbtics-logo-300x87
Location Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
Battery Point 120 2 bedrooms A$770,000 (2 BR) A$89,360 11.61%
Sandy Bay 212 3 bedrooms A$895,000 (3 BR) A$87,810 9.81%
North Hobart 88 3 bedrooms A$875,000 (3 BR) A$83,807 9.58%
West Hobart 122 2 bedrooms A$606,500 (2 BR) A$66,688 11%
Howrah 28 2 bedrooms A$524,000(2 BR) A$57,511 10.98%
Blackmans Bay 42 2 bedrooms A$532,500 (2 BR) A$51,243 9.62%
South Hobart 91 1 bedroom A$460,000 (1 BR) A$49,117 10.68%
New Town 50 1 bedroom A$388,750 (1 BR) A$45,504 11.71%
Bellerive 42 1 bedroom A$500,000 (1 BR) A$44,812 9%
Lenah Valley 32 1 bedroom A$315,000 (1 BR) A$38,312 12.16%

Location

Airbnb Dataset

  • Total Airbnb Listings: 120
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$770,000
  • Airbnb Annual Revenue: A$89,360
  • Gross Rental Yield: 11.61%
  • Total Airbnb Listings: 212
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$895,000
  • Airbnb Annual Revenue: A$87,810
  • Gross Rental Yield: 9.81%
  • Total Airbnb Listings: 88
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): A$875,000
  • Airbnb Annual Revenue: A$83,807
  • Gross Rental Yield: 9.58%
  • Total Airbnb Listings: 122
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$606,500
  • Airbnb Annual Revenue: A$66,688
  • Gross Rental Yield: 11%
  • Total Airbnb Listings: 28
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$524,000
  • Airbnb Annual Revenue: A$57,511
  • Gross Rental Yield: 10.98%
  • Total Airbnb Listings: 42
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): A$532,500
  • Airbnb Annual Revenue: A$51,243
  • Gross Rental Yield: 9.62%
  • Total Airbnb Listings: 91
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): A$460,000
  • Airbnb Annual Revenue: A$49,117
  • Gross Rental Yield: 10.68%
  • Total Airbnb Listings: 50
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): A$388,750
  • Airbnb Annual Revenue: A$45,504
  • Gross Rental Yield: 11.71%
  • Total Airbnb Listings: 42
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): A$500,000
  • Airbnb Annual Revenue: A$44,812
  • Gross Rental Yield: 9%
  • Total Airbnb Listings: 32
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): A$315,000
  • Airbnb Annual Revenue: A$38,312
  • Gross Rental Yield: 12.16%
Explore More Profitable Locations in Hobart!

How to Spot High-Yield Airbnb Rental Markets?

Identifying promising rental markets can be a time-consuming endeavor. That’s why it’s wise to leverage advanced resources available to property investors to hasten this process.

Additionally, you should consider delving into real estate forums and conducting thorough research on search engines to discover which locations are piquing significant interest among investors. This approach will allow you to sort your list and gain a clear understanding of the cities that are worthy of your focus. Plus, we encourage investors like you to utilize analytical tools to identify lucrative Airbnb markets, especially those that can provide dynamic data.

Airbtics Dashboard allows users to explore a city and gain valuable insights to simplify their investment research. This dashboard provides users with precise data sets that showcase metrics such as average revenue, occupancy, nightly rates, seasonality, and more.

But don’t take just our word for it, go ahead and take a look at Simon, a satisfied Airbtics customer, who ventured into a new Airbnb market, ultimately achieving higher profitability than his previous one!

Australia Airbnb

Sometimes, your desired location might not show up in the search results, but there’s no need to fret! You can easily create your own custom market.

Now that you have a clearer perspective of your target market, feel free to experiment with the filters to identify the results that fit your needs. You can use filters to find out what type of property offers the most appealing profit in your chosen area. 

One of the greatest advantages of dynamic data is the fact that by moving and zooming in and out of your map, the data will also change accordingly.

You can repeat this process as often as you need to figure out which type of property makes a sound investment choice in your target area. By comparing data across various property types, you can pinpoint the option that aligns best with your preferences and goals.

Harnessing Hobart’s Real Estate Potential: Exploring Profitable Suburbs and Maximizing Returns

Hobart real estate landscape features a wealth of investment opportunities for real estate investors with its solid rental market and promising economic & tourist background. However, while there are numerous profitable areas that can generate high rental yields and annual income, we strongly advise you to carefully consider all your options!

Identifying the best suburbs to invest in Hobart serves as the ideal starting point for your rental venture. Now, it’s time to progress with your research while using advanced analytics tools like Airbtics that will help you enhance profitability through well-informed, data-driven choices.

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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Investing in Rental Properties in Sudbury, Ontario: Where to invest in Airbnb?

Investing in Rental Properties in Sudbury, Ontario: Where to invest in Airbnb?: Discover the best areas to cater to rental properties in Sudbury, Ontario as well as some insights into the real estate market!

Investing in Rental Properties in Sudbury, Ontario: Where to invest in Airbnb?

rental properties in sudbury ontario

Investing in Rental Properties in Sudbury, Ontario: Where to invest in Airbnb?

Discover the best areas to cater to rental properties in Sudbury, Ontario as well as some insights into the real estate market!

Key Takeaways

  • Sudbury, Ontario’s stable economy, low cost of living and reasonably priced real estate market have allowed Airbnb hosts to establish a consistent source of income by catering to short-term rental accommodations.
  • Utilizing the Airbtics Tool, we have pinpointed Sudbury, Ontario’s top 5 neighborhoods that present attractive prospects for real estate investments. Furthermore, we provide vital Airbnb statistics and property type recommendations for your consideration.

Discover the Ideal Investment: Rental Properties in Sudbury, Ontario’s Thriving Market

The largest city in Northern Ontario, Grand Sudbury, is nestled around many small, rocky mountains and lakes, allowing this destination to feature a striking natural beauty. Sudbury is known for its rich history in the mining industry, which is where it got the nickname “Nickel City”. As of today, the city stands out not only for its scenic landscape but also for its thriving economic situation as it has become a center of scientific and technological development.

Sudbury has evolved into an attractive destination to live and visit, boasting a diverse economy, a flourishing arts and culture scene, and a superb quality of life. Moreover, it has also become an appealing place to invest in real estate. In fact, Sudbury, Ontario is recognized as one of the top Canadian cities for Airbnb investment.

If you’re contemplating where to invest in rental properties in Sudbury, Ontario, this article is a must-read! We reveal the best areas for short-term rentals in Sudbury. Additionally, we’ve included some insights about the city that property investors should know before entering the real estate market.

Why Should You Consider Investing in the Sudbury Rental Market?

Sudbury is a growing city that’s attracting people from all walks of life. If you’re thinking about investing in an income property that can make you a stable cash flow, then Nickel City is an ideal choice. 

There are many reasons to buy an investment property in Sudbury, ON, but here are the top reasons:

  • Sudbury’s housing market: Affordable with a steady demand

The demand for housing in Sudbury has been steadily increasing due to the increasing population and the attractive economic and quality of life factors. As a result, real estate investment can provide a consistent source of income through rental properties. Moreover, Sudbury’s real estate market is more affordable than other major cities in Ontario, like Toronto. With relatively cheap prices, it’s easier for investors to get into the market with a friendly budget. The average house price in Sudbury is C$465K as of September 2023.

  • Stable economy with a solid job market

With a rich industrial history, the mining sector remains a major contributor to Sudbury’s economy, offering stability and plenty of job opportunities. However, many other sectors have thrived in Sudbury, which allows it to enjoy a more diversified economy, making it less susceptible to economic fluctuations. 

Some key industries that stand as driving forces for Sudbury’s economy are tourism, research & innovation, cleantech & environmental and healthcare, among others.

  • Superb living conditions

Sudbury is a great place to live, with lots of high-quality amenities and great things to do and see. The city offers excellent healthcare, a great public transportation system, different housing options, and numerous stores and restaurants. With low crime rates and a quiet environment, Sudbury ensures a comfortable life for residents. Plus, it’s also home to some great universities, like Laurentian University, Cambrian College and Collège Boréal.

Moreover, Nickel City is always looking for ways to make its infrastructure better. This includes things like road expansion projects, downtown development, and upgrades to utilities. These factors can have a positive impact on real estate since they can help boost property values in the long run.

  • Nickel City: Rich industrial history & striking scenic beauty

The Nickel City is a destination that never fails to surprise and impress visitors with its outdoor and indoor attractions. 

Surrounded by breathtaking natural beauty, Sudbury features plenty of lakes, forests and parks to enjoy the great outdoors. Both residents and visitors have access to amazing outdoor activities such as hiking, biking, fishing and boating, allowing them to enjoy an active and healthy lifestyle. Ramsey Lake, located in the center of the city, is a popular destination for water activities!

Sudbury also has a thriving arts and cultural scene. To name a few sites, the Sudbury Theatre Centre presents high-quality theatrical productions, while the Science North Arts Centre offers interactive exhibits that combine science and fun for all ages. Additionally, the city hosts a variety of festivals and events throughout the year such as the Sudbury International Film Festival, and the Ribfest Festival, among others. This allows residents and visitors to enjoy a wealth of entertainment!

Is Airbnb Profitable in the City of Greater Sudbury?

Sudbury is an ideal location for those seeking to invest in an Airbnb property, as the city offers a range of attractive business opportunities, as well as a potential for a good return on investment.

Let’s take a look at a general overview of Sudbury Airbnb Market – Airbtics’ free Airbnb calculator indicates that an Airbnb host in Sudbury, Ontario can expect to generate up to C$37,259 in revenue for managing a 3-bedroom property, with an occupancy rate of 71%

While Sudbury is a great place to invest, it’s important to remember that how much profit you can generate depends on other things too, like your property’s number of bedrooms and location. Moreover, it’s also important to consider factors like the median property price to identify promising investment opportunities.

Sudbury Rental Market: 5 Most Recommended Areas for Short-Term Rentals

If you’re thinking of buying a property in Sudbury. and renting it out on Airbnb, let us tell you that it’s a great idea. But before you jump in, it’s important to do an Airbnb data analysis and find the best neighborhoods to make your rental property a success.

Here’s a list of the top places where you can start an Airbnb business in Sudbury:

airbtics-logo-300x87
Location Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
West End 22 2 bedrooms C$420,000 (2 BR) C$38,112 9.1%
New Sudbury 28 2 bedrooms C$299,900 (2 BR) C$31,427 10.5%
Donovan 16 2 bedrooms C$269,900 (2 BR) C$29,398 10.9%
South End 40 1 bedroom C$270,000 (1 BR) C$28,767 10.7%
Downtown Sudbury 28 2 bedrooms C$329,900 (2 BR) C$27,465 8.3%

Location

Airbnb Dataset

  • Total Number of Airbnb Listings: 22
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): C$420,000
  • Airbnb Annual Revenue: C$38,112
  • Gross Rental Yield: 9.1%
  • Total Number of Airbnb Listings: 26
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): C$299,900
  • Airbnb Annual Revenue: C$31,427
  • Gross Rental Yield: 10.5%
  • Total Number of Airbnb Listings: 16
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): C$269,900
  • Airbnb Annual Revenue: C$29,398
  • Gross Rental Yield: 10.9%
  • Total Number of Airbnb Listings: 40
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): C$270,000
  • Airbnb Annual Revenue: C$28,767
  • Gross Rental Yield: 10.7%
  • Total Number of Airbnb Listings: 28
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): C$329,900
  • Airbnb Annual Revenue: C$27,465
  • Gross Rental Yield: 8.3%
Explore More Profitable Locations in Greater Sudbury!

A Guide to Identifying Profitable Airbnb Rental Markets

Identifying viable rental markets can be a time-consuming process. That’s why leveraging advanced resources available to property investors is a smart move to hasten this process.

On top of that, consider exploring real estate forums and conducting thorough research on search engines to uncover which locations are piquing investors’ interest in specific countries. This will also help you to sort your list and have a clear idea of which cities to focus on. Plus, we encourage investors like you to make use of analytics tools to find profitable markets to invest in Airbnb, particularly those that can provide dynamic data.

Imagine exploring a city while simultaneously gaining invaluable insights to simplify your investment research. It may sound like a dream, but it’s entirely achievable with the Airbtics Dashboard. Here, you can access to accurate dataset showcasing metrics like average revenue, occupancy rates, nightly rates, and seasonality, among others.

But don’t take just our word for it, go ahead and take a look at Simon, an Airbtics customer, who ventured into a new Airbnb market, ultimately achieving higher profitability than his previous one!

Canada Airbnb

But, it can happen that your target area is not appearing in the search results, but don’t worry! You can easily create your own custom market.

Now, that you have a better view of your target market, go ahead and play around with the filters and find the results that fit your needs. You can use filters to find out what type of property offers the most attractive profit in your preferred area. 

The best part of using dynamic data is that by moving and zooming in and out of your map, the data will also change accordingly!

Canada Airbnb

You can replicate this process as many times as needed to determine which property type makes a sound investment choice in your target area. By comparing data across various property types, you can pinpoint the option that aligns best with your preferences and goals.

Investment Prospects for Savvy Investors: Airbnb Properties in Sudbury’s Profitable Market

If you’re an investor looking to get into the real estate market in Grand Sudbury, you’ve got a great chance to make some money by renting out your place on Airbnb. With Sudbury’s economy doing well, the population growing, and the real estate market stable, it’s a great place to set up an income property and make some passive income that can lead to long-term profitability.

Knowing where to invest in rental properties in Sudbury, Ontario, is just your first step into this Airbnb venture, so don’t stop there! We don’t want you missing out on any of the great opportunities out there. Start your journey to financial freedom by setting strategies and making data-driven decisions with the help of trusted tools such as Airbtics STR Analytics Platform.

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Keep Reading

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A Deeper Dive into Bali: Experience the Island Beyond the Tourist Trail through Villa Ownership

Bali Property Investment: Own a villa in Bali and experience its unseen beauty beyond the tourist hotspots. Dive deeper into the island life, culture, and community as a local homeowner.

A Deeper Dive into Bali: Experience the Island Beyond the Tourist Trail through Villa Ownership

bali property investment

A Deeper Dive into Bali: Experience the Island Beyond the Tourist Trail through Villa Ownership

Own a villa in Bali and experience its unseen beauty beyond the tourist hotspots. Dive deeper into the island life, culture, and community as a local homeowner.

Bali, a jewel of the Indonesian archipelago, is renowned for its tropical beaches, vibrant nightlife, bustling marketplaces, and ancient temples. Most tourists flock to its well-known spots, but the island has much more to offer beyond these tourist trails. What if you had the opportunity to explore Bali as not just a short-term visitor but as a part-time resident through ownership of villas for sale in Bali? In this article, we delve into the lesser-known aspects of Bali and expose the benefits of property investment in this tropical paradise.

bali property investment

The Hidden Beauty of Bali

Most visitors are familiar with the terraced rice fields of Ubud or the spectacular sunsets of Kuta Beach. Yet, Bali is home to a multitude of hidden gems off the beaten path. From the mesmerizing waterfalls of Munduk to the traditional fishing villages of Amed, Bali’s less-explored areas offer postcard-perfect landscapes combined with authentic cultural immersion. Taste the world-class seafood in the tranquil Jimbaran bay, or participate in centuries-old ceremonies in Tenganan village. As a villa owner in these more secluded areas, you can leisurely explore the island and truly absorb Balinese culture at your own pace.

Moving to Bali for Permanent Residence: Pros and Cons

Moving to Bali for permanent residence can be an exhilarating proposition, with several advantages. On the pros side, Bali offers an affordable cost of living compared to many Western countries, with inexpensive food, transport, and housing. The island’s natural beauty, pleasant climate, and rich culture provide an appealing lifestyle full of outdoor activities, arts, and spiritual growth. Moreover, the Balinese are known for their warmth and hospitality, making expats feel welcomed.

However, life in Bali isn’t without its challenges. The bustling tourist spots can often feel overcrowded, and the tranquility you might expect from island life can be elusive. For non-native Indonesian speakers, language barriers can lead to misunderstandings or difficulties in navigating daily life. Environmental issues, such as plastic pollution and traffic congestion, persist, and the healthcare system, while improving, may not meet the standards you are accustomed to. It’s vital to weigh these aspects carefully while considering a permanent move to Bali.

Why Villa Ownership in Bali?

The concept of villa ownership in Bali offers several dividends. Economically, property in this desirable vacation destination often appreciates over time. Additionally, when not in use, the villa can be rented, yielding a potential stream of income.

In terms of social benefits, villa ownership can foster a deeper connection with the Balinese community. Frequent interaction with locals, participation in traditional events, and contribution to the local economy can enhance both your insight into the enchanting Balinese culture and a stronger sense of belonging.

Yet, emotionally, owning a villa in Bali provides a tropical sanctuary, a second home nestled amidst the serene beaches or lush mountains, where you can escape the humdrum of daily life. Owning a villa in Bali allows the freedom to explore this exotic island intimately, without time constraints typically faced by tourists. Visit Bali.Realestate to explore the best villas in Bali at affordable prices with 24/7 customer support!

bali property investment

Real Estate Purchase: Regulatory Guidelines and Steps for Foreigners

Foreign property ownership in Indonesia must comply with specific regulations, which admittedly can be a daunting process to navigate. First, familiarize yourself with the “Hak Pakai” (Right of Use) concept that permits foreigners to purchase and own property in Indonesia for an extendable period.

Partnering with a reliable local real estate agent can streamline the process. They will guide you through property selection, price negotiation, checking the property’s legal status, and ensuring all due diligence is exercised during the transaction.

Undoubtedly, owning a villa involves maintaining the property, from routine cleaning to possible renovations. You might consider hiring a property manager or an agency to assist if you live abroad for most of the year. Be aware that the process might present challenges, such as navigating Indonesian bureaucracy or understanding legal jargon. However, with sufficient research, reliable partnerships, and patience, the rewards are invaluable.

Personal Experiences of Villa Owners in Bali

To get a firsthand insight into the joys and challenges of villa ownership in Bali, we spoke to several villa owners who have embraced this lifestyle.

“I was initially cautious about purchasing a villa in Bali,” says Alex, an Australian who purchased a villa in Seminyak two years ago. “However, now that I can interact continually with the lovely locals, indulge in the food, and participate in traditional ceremonies, it’s been a life-changing decision.”

Contrarily, Sarah, a UK national owning a villa in Ubud, emphasizes the challenges, “The property acquisition process was initially complex, but it became easier once we understood the regulations. The key is to make sure you have competent legal help and a trustworthy property agent.”

Summary

Villa ownership in Bali is more than merely owning land or a house. It’s an investment in a lifestyle that lets you immerse yourself in a rich cultural tapestry and stunning natural beauty, far beyond beach lounging and temple visits, typically experienced by transient visitors. The economic benefits are attractive, and the opportunity to understand and participate in an enchanting culture while having your own tropical sanctuary is an invaluable experience. So why not step off the beaten path, dive deep, and truly uncover the wonders of Bali through villa ownership? You’ll find much more than you could imagine.

Get Accurate Airbnb Data with Airbtics!

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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