Featured Location

Melbourne, Victoria

Melbourne's quirks and culture make short-term rentals popular for unique local experiences.

Airbnb Management in Melbourne

Melbourne is a vibrant, cosmopolitan city famous for its quirks and unique character. The city is known for its vibrant laneways, thriving coffee culture, sport and unpredictable weather. Short term rental properties in Melbourne are particularly popular with tourists who are looking for affordable accomodation and having the opportunity to experience the city like a local.

Market Snapshot

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

Occupancy Rate

52.00% per year

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

Booked

190 nights

Available

175 nights

Nightly Rate

$303.00 per night

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

Low

$186.00

High

$387.00

Booking Revenue

$60,793.00 per year

The total revenue generated by bookings, including typical fees.

Monthly

$5,066.00

Weekly

$1,169.00
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 April 2024 at 1:00 am.