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Ultimate Guide to Start Airbnb in Australia. Rules, Startup Cost, Profitability and Statistics.

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Quick Airbnb Statistics and Facts


All statistics below is collected and processed from Airbtics, unless specified otherwise. The observation period is between 2023 October to 2024 September.



  • There are 191,054 active listings in Australia.
  • The city with the most number of Airbnb Listings in Australia is Melbourne with 21,166.
  • The average occupancy rate of an Airbnb listing in Australia is 69%.
  • A typical listing charges AU$252 per night excluding service charge and cleaning fees.
  • The average income of Airbnb host is AU$62,388 per listing per year.
  • Startup cost: It costs around AU$5,358 to start an Airbnb listing. The major costs are to furnish bedrooms and living room.


How to start an Airbnb in Australia?



Short-term rental rules & regulations in Australia


For regulations, refer to Responsible Airbnb Hosting in Australia.



How much does it cost to start an Airbnb in Australia?


Bedroom 1


In order for you to furnish a room like below, it'll cost you around AU$5,358 per bedroom.


bedroom
Mattress and bedframe Bedroom AU$760
Wardrobe Bedroom AU$608
Desk Bedroom AU$152
Desk chair Bedroom AU$76
Lighting Bedroom AU$152
Decorative Bedroom AU$152
Curtains Bedroom AU$76
Total Bedroom AU$1,976


Living room


For living room, it'll cost you around AU$7,539 and this'll include dining table set for 4 people.


livingroom
Sofa Living room AU$760
Dining table and chairs Living room AU$456
Coffee table Living room AU$76
Coffee machine Living room AU$152
Microwave Living room AU$152
Laundry Living room AU$760
Total Living room AU$2,356


Other costs


For living room, it'll cost you around AU$5,358 and this'll include dining table set for 4 people.


Finally, you need to budget for various supplies like towels. You may also need smart lock for self-checkin. This'll add another AU$1,026.

Towels Other AU$152
Pillows Other AU$152
Blankets Other AU$152
Smart lock Other AU$228
Security camera Other AU$152
Labour cost Other AU$190
Total Other AU$1,026


Total startup cost for 1, 2 and 3 bedrooms


Number of Bedrooms Total Furnishing Cost
1 Bd Startup Cost AU$5,358
2 Bd Startup Cost AU$7,539
3 Bd Startup Cost AU$9,515


Is it profitable to start an Airbnb in Australia?


The average host in the UK earns AU$62,388 per year. Here are the 3 cities with the most number of Airbnb listings. See the full list of 29 cities here.


Melbourne


  • Market Score: 29
  • Yield: 5.4%
  • Revenue: AU$48,109
  • Average Daily Rate: AU$197
  • Occupancy Rate: 68%
  • Regulations: Lenient


Sydney


  • Market Score: 28
  • Yield: 3.1%
  • Revenue: AU$61,195
  • Average Daily Rate: AU$226
  • Occupancy Rate: 78%
  • Regulations: Strict


Gold coast


  • Market Score: 27
  • Yield: 5.1%
  • Revenue: AU$71,765
  • Average Daily Rate: AU$270
  • Occupancy Rate: 77%
  • Regulations: Lenient




Useful resources


Here are some of the useful resources for you to get started.


Complete list of on-going host expenses: https://airbtics.com/complete-list-of-airbnb-host-expenses/