Capital Markets

Adelaide Market Report

Explore Adelaide's bustling short-term rental scene, nestled in a city with renowned wine, culture, and straightforward regulations.

Adelaide City Profile

Adelaide is a charming and laid-back city, famous for its wine regions and cultural institutions. Adelaide's short-term rental market is relatively less regulated and more relaxed compared to other cities, with fewer requirements for hosts and more flexible rules around renting out properties. The short-term rental market in Adelaide is a growing and popular industry.

Our Capital Markets reports aim to provide a transparent view of the short-term rental market in Adelaide on a month-to-month basis. We take in large sets of data and translate it into actionable insights for hosts, free of charge.

July 2024 Summary

Nightly Rates increased in July 2024 by 2.09% to $244.82, and hosts saw higher occupancy rates at 47.25% across 4,298 listings.

Hosts averaged $857.12 per week, yielding 1.46x the annualised average of $589.00 for long-term rentals in Adelaide.

Long-Term Rent: CoreLogic (April 2024)

Performance

MetricJuly 2024June 2024DifferenceChange
Market Revenue
$15,782,902.34
$14,587,773.24
$1,195,129.11
+8.19%
Monthly Revenue
$3,672.27
$3,340.58
$331.70
+9.93%
Nightly Rate
$244.82
$239.81
$5.01
+2.09%
Occupancy Rate
47.25%
43.88%
3.38%
+7.69%
Weekly Revenue
$857.12
$779.63
$77.49
+9.94%
Yearly Revenue
$44,680.55
$40,639.73
$4,040.82
+9.94%

Listings & Hosts

MetricJuly 2024June 2024DifferenceChange
Entire Homes
3,628
3,657
-29
-0.80%
Hosts
2,254
2,285
-31
-1.36%
Hotel Rooms
13
10
3
+27.27%
Listings
4,298
4,367
-69
-1.58%
Private Rooms
644
685
-42
-6.07%
Shared Rooms
13
14
-1
-6.67%
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.