29 May 2024

Top Places For Airbnb in South Australia

Discover South Australia's top-performing Airbnb locations and where tourists are flocking for unforgettable experiences.

Top Places For Airbnb in South Australia

South Australia: Wineries, Beaches, and Relaxation.

South Australia's short-term rental market is experiencing a period of exciting growth, fueled by the region's renowned beaches, wineries, and diverse landscapes. We've analysed the data to bring you the top-performing areas in South Australia, so you can make informed decisions about your Airbnb investment.

Are you interested in trying your hand at Airbnb? These insights offer a snapshot of South Australia's market, but remember, it's just one piece of the puzzle. The best location for your Airbnb venture will depend on your specific goals, property type, and target audience.

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.

Charlie's Notes

Adelaide, in particular, serves as a prime example of South Australia's thriving market. Despite a 22% surge in available listings over the past year, Adelaide's short-term rental market has demonstrated remarkable resilience, with annual revenue dipping just a mere 1%. This resilience highlights the city's enduring appeal to travelers, who continue to seek out its unique charm and contribute to the local economy through spending at businesses, restaurants, and cultural attractions.

As of May 21st, 2024, Adelaide boasts 4,637 available listings spread across a diverse range submarkets. Listings typically command an average nightly rate of $286.40 and maintain a 59% occupancy rate. While occupancy has slightly dipped, likely due to increased competition, hosts have strategically responded by raising rates by an average of 5%, effectively stablising returns.

#10City of Adelaide

Experience the vibrant heart of South Australia in Adelaide City! Discover art, culture, world-class dining, and easy access to stunning beaches – the perfect Airbnb destination for urban explorers.

Airbnb listings in City of Adelaide achieve an average annual revenue of $69,655.00 at an occupancy rate of 74%, averaging $258.45 per night.


#9Hahndorf

Steeped in German heritage, Hahndorf is a charming town with a unique atmosphere. It offers art galleries, boutique stores, and delicious food options.

Airbnb listings in Hahndorf achieve an average annual revenue of $70,610.00 at an occupancy rate of 59%, averaging $326.34 per night.


#8McLaren Flat

Picturesque vineyards surround McLaren Flat, a popular getaway location for wine lovers seeking a luxurious stay near world-class wineries, including Woodstock Wines and Gemtree Cellar Door.

Airbnb listings in McLaren Flat achieve an average annual revenue of $73,613.00 at an occupancy rate of 59%, averaging $340.22 per night.


#7McLaren Vale

McLaren Vale offers a vibrant atmosphere, renowned restaurants, and access to cellar doors galore, including d’Arenberg, Fox Creek and Hugh Hamilton Wines, in the heart of its namesake wine region.

Airbnb listings in McLaren Vale achieve an average annual revenue of $74,753.82 at an occupancy rate of 59%, averaging $345.49 per night.


#6Mount Osmond

Breathtaking panoramic views and a cool climate define Mount Osmond. It's ideal for nature enthusiasts seeking a peaceful escape close to Adelaide.

Airbnb listings in Mount Osmond achieve an average annual revenue of $83,480.46 at an occupancy rate of 51%, averaging $448.81 per night.

#5Dulwich

Another Adelaide Hills gem, Dulwich, is known for its scenic beauty, antique stores, and proximity to popular tourist destinations.

Airbnb listings in Dulwich achieve an average annual revenue of $88,438.06 at an occupancy rate of 80%, averaging $302.57 per night.


#4Willunga

Amongst the rolling vineyards and award-winning wineries of the McLaren Vale wine region is Wilunga, which offers a relaxed atmosphere close to the action.

Airbnb listings in Willunga achieve an average annual revenue of $92,866.86 at an occupancy rate of 60%, averaging $421.80 per night.


#3North Haven

Kangaroo Island's gateway town, North Haven, provides a launching point for wildlife encounters, stunning beaches, and exploring the island's natural wonders.

Airbnb listings in North Haven achieve an average annual revenue of $99,511.65 at an occupancy rate of 59%, averaging $459.91 per night.


#2Upper Sturt

Wine lovers rejoice! Upper Sturt sits in the heart of the world-renowned Barossa Valley, offering luxury stays near acclaimed wineries and cellar doors.

Airbnb listings in Upper Sturt achieve an average annual revenue of $107,282.86 at an occupancy rate of 80%, averaging $367.04 per night.


#1Stirling

Nestled in the picturesque Adelaide Hills, Stirling is a haven for travelers seeking charming villages, world-class cool-climate wineries, and scenic hiking trails. This idyllic setting has propelled Stirling to the top spot in South Australia's Airbnb market, based on our analysis.

Airbnb listings in Stirling achieve an average annual revenue of $117,529.53 at an occupancy rate of 60%, averaging $533.82 per night.

Cosmo is your Airbnb Partner in South Australia

Ready to unlock the potential of your South Australian property? At Cosmo, we can guide you through every step of the Airbnb hosting journey. We'll help you optimise your listing and revenue potential while ensuring a smooth experience for your guests.

This is just a starting point! Contact Cosmo today to discuss your Airbnb goals and explore the exciting possibilities in South Australia's vibrant short-term rental market.

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.
Ch
By Charlie Stoner

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