Top Places For Airbnb in Perth
We examined the short-term rental market and discovered the premier Airbnb hotspots in Perth.
Perth, the city of opportunity!
The short-term rental market's explosive rise in popularity has ignited interest among many homeowners seeking to diversify their income or tap into a new revenue stream. Airbnb presents an increasingly appealing opportunity for homeowners in Perth.
While diving into the short-term rental market might seem overwhelming, Cosmo is here to guide you. Our team has compiled a data guide to answer your questions and help you confidently navigate the exciting world of short-term rentals.
While these insights offer a valuable starting point, investment decisions should be based on more than just this data. Additional factors and recent regulatory changes in Western Australia may impact the market. For further guidance and a more comprehensive understanding of the current state, please get in touch with our team; Cosmo is happy to assist you every step of the way.
Feel free to reach out for further guidance. Cosmo is here to assist you every step of the way. Our Collaborate plan and Cosmo for Business offerings are available state-wide.
The short-term rental market in Perth is thriving. Despite market supply growing by 19% in the last 12 months, annual revenues have decreased by a marginal 1%, demonstrating continued demand for short-term stays within the city of Perth.
As of 27 February 2024, there are 3,989 available listings within Perth, with a listing achieving annual averages of $226.90 a night at 78% occupancy. Whilst average occupancies have fallen by 9% in the last 12 months, likely due to supply injections, nightly rates have increased by an average of 8%, alleviating these occupancy reductions.
#10Greenwood
A relaxed, residential neighbourhood located north of Perth’s CBD, Greenwood attracts families with its green spaces, parks, and schools.
Airbnb listings in Greenwood earn an average annual revenue of $79,933.50 with an occupancy rate of 80% (292 days).
#9Peppermint Grove
Nestled south of the CBD between the coast and the bay, Peppermint Grove is an affluent neighbourhood known for its stunning homes and coastal access.
Airbnb listings in Peppermint Grove earn an average annual revenue of $80,411.00 with an occupancy rate of 80% (292 days).
#8Scarborough
Scarborough, a vibrant shoreline suburb, is famous for its stunning sandy beaches, lively esplanade, and bustling café culture.
Airbnb listings in Scarborough earn an average annual revenue of $85,377.00 with an occupancy rate of 76% (277 days).
#7Swanbourne
Situated between Freshwater Bay and the Indian Ocean, Swanbourne offers easy access to sprawling beaches and the CBD.
Airbnb listings in Swanbourne earn an average annual revenue of $93,685.50 with an occupancy rate of 76% (277 days).
#6City Beach
The beachside suburb of City Beach is the ideal blend of urban and coastal living. A hotspot for surfers, this neighbourhood's scenic beaches are a sought-after destination.
Airbnb listings in City Beach earn an average annual revenue of $98,938.00 with an occupancy rate of 76% (277 days).
#5Daglish
The quiet suburb of Daglish sits just west of the CBD with prime access to the lush Kings Park and Botanic Garden.
Airbnb listings in Daglish earn an average annual revenue of $99,033.50 with an occupancy rate of 82% (299 days).
#4Cottesloe
Cottesloe is famed for its pristine beaches, crystal-clear waters, and vibrant coastal atmosphere.
Airbnb listings in Cottesloe earn an average annual revenue of $103,617.50 with an occupancy rate of 75% (273 days).
#3Karrinyup
Known for its upscale shopping centre, Karrinyup offers a wide range of retail and dining options.
Airbnb listings in Karrinyup earn an average annual revenue of $113,072.00 with an occupancy rate of 76% (277 days).
#2West Swan
West Swan is renowned for its sprawling vineyards and countryside vistas, offering a rich history and scenic escape from the city.
Airbnb listings in West Swan earn an average annual revenue of $129,689.00 with an occupancy rate of 79% (288 days).
#1Dalkeith
Find stunning waterfront estates in the riverside suburb of Dalkeith. The affluent neighbourhood offers scenic views and proximity to the city centre.
Airbnb listings in Dalkeith earn an average annual revenue of $141,531.00 with an occupancy rate of 58% (211 days).
How Cosmo Can Help
At Cosmo, we're here to make your journey smooth and successful. Our dedicated team has analysed the Perth market extensively, saving you precious time and effort. Whether you're considering vibrant Fremantle, trendy Northbridge, historic Claremont, or any other desirable Perth location, our expertise empowers you to navigate the process confidently.
Cosmo can help maximise your Perth property's potential and enjoy a stress-free Airbnb experience. Contact us today for more information and to begin your exciting Perth Airbnb adventure.
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.
By Charlie Stoner
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