Featured Location

Melbourne, Victoria

Melbourne's quirks and culture make short-term rentals popular for exploring laneways, coffee culture, and sports. Sign up for professional Airbnb management with Cosmo in Melbourne.

Airbnb Management in Melbourne

Melbourne is a vibrant, cosmopolitan city that has emerged as a prime destination for travellers seeking unforgettable experiences and adventures. Nestled on the southeastern coast of Australia, Melbourne is known for its vibrant laneways, thriving coffee culture, sports, and unpredictable weather. The abundance of short-term rental properties scattered throughout the city invites visitors to immerse themselves in the local lifestyle and enjoy a truly authentic experience. From chic apartments with city skyline views in Southbank and South Yarra, to cozy townhouses in hip suburbs like Fitzroy and Collingwood, there's something to suit every preference and budget. Melbourne's competitive market demands expert and hassle-free management to maximise the potential of your short-term rental property.

Market Snapshot

Data from local Airbnb listings configured as entire units with two bedrooms, one bathroom and accommodating up to four guests.

Occupancy Rate

49.00% per year

The average rate at which a property is booked throughout the year.

Booked

179 nights

Available

186 nights

Nightly Rate

$281.00 per night

The average accommodation fee charged to guests per night of stay.

Low

$172.00

High

$358.00

Booking Revenue

$53,481.00 per year

The total revenue generated by bookings, including typical fees.

Monthly

$4,457.00

Weekly

$1,028.00
Cosmo does not provide financial, legal or accounting advice. All estimates are based on past performance of nearby listings, but are not guaranteed to be accurate or reliable. Actual performance may vary. Updated 15 July 2024 at 1:00 am.