Ultimate Guide to Start Airbnb in New Zealand. Rules, Startup Cost, Profitability and Statistics.
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 57,863 active listings in New Zealand.
- The city with the most number of Airbnb Listings in New Zealand is Auckland with 5,879.
- The average occupancy rate of an Airbnb listing in New Zealand is 72%.
- A typical listing charges NZD210 per night excluding service charge and cleaning fees.
- The average income of Airbnb host is NZD54,909 per listing per year.
- Startup cost: It costs around NZD4,145 to start an Airbnb listing. The major costs are to furnish bedrooms and living room.
How to start an Airbnb in New Zealand?
Short-term rental rules & regulations in New Zealand
For regulations, refer to Responsible Airbnb Hosting in New Zealand.
How much does it cost to start an Airbnb in New Zealand?
Bedroom 1
In order for you to furnish a room like below, it'll cost you around NZD4,145 per bedroom.
Mattress and bedframe | Bedroom | NZD588 |
Wardrobe | Bedroom | NZD470 |
Desk | Bedroom | NZD117 |
Desk chair | Bedroom | NZD58 |
Lighting | Bedroom | NZD117 |
Decorative | Bedroom | NZD117 |
Curtains | Bedroom | NZD58 |
Total | Bedroom | NZD1,528 |
Living room
For living room, it'll cost you around NZD5,832 and this'll include dining table set for 4 people.
Sofa | Living room | NZD588 |
Dining table and chairs | Living room | NZD352 |
Coffee table | Living room | NZD58 |
Coffee machine | Living room | NZD117 |
Microwave | Living room | NZD117 |
Laundry | Living room | NZD588 |
Total | Living room | NZD1,822 |
Other costs
For living room, it'll cost you around NZD4,145 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 NZD793.
Towels | Other | NZD117 |
Pillows | Other | NZD117 |
Blankets | Other | NZD117 |
Smart lock | Other | NZD176 |
Security camera | Other | NZD117 |
Labour cost | Other | NZD147 |
Total | Other | NZD793 |
Total startup cost for 1, 2 and 3 bedrooms
Number of Bedrooms | Total Furnishing Cost |
1 Bd Startup Cost | NZD4,145 |
2 Bd Startup Cost | NZD5,832 |
3 Bd Startup Cost | NZD7,361 |
Is it profitable to start an Airbnb in New Zealand?
The average host in the UK earns NZD54,909 per year. Here are the 3 cities with the most number of Airbnb listings. See the full list of 5 cities here.
Auckland
- Market Score: 5
- Revenue: NZD40,461
- Average Daily Rate: NZD152
- Occupancy Rate: 71%
- Regulations: Lenient
Queenstown
- Market Score: 4
- Revenue: NZD113,924
- Average Daily Rate: NZD416
- Occupancy Rate: 80%
- Regulations: Lenient
Christchurch
- Market Score: 3
- Revenue: NZD41,190
- Average Daily Rate: NZD151
- Occupancy Rate: 76%
- 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/