Brisbane Market Report
The capital city of Queensland, Brisbane, is known for its warm subtropical climate and outdoor lifestyle.
Brisbane City Profile
The capital city of Queensland, Brisbane, is known for its warm subtropical climate and outdoor lifestyle. Whether you're looking for a central apartment close to the city's attractions, a beachside holiday home with ocean views, or a cozy cottage in the quiet suburbs, you're sure to find something to suit your needs as the short-term rental market in Brisbane is thriving.
Our Capital Markets reports aim to provide a transparent view of the short-term rental market in Brisbane on a month-to-month basis. We take in large sets of data and translate it into actionable insights for hosts, free of charge.
This report offers insight into the market conditions for December 2024, based on how the local Brisbane market performed in November 2024.
November 2024 Summary
Nightly Rates increased in November 2024 by 2.85% to $251.66, and hosts saw lower occupancy rates at 73.79% across 7,238 listings.
Hosts averaged $1,347.14 per week, yielding 2.08x the annualised average of $649.00 for long-term rentals in Brisbane.
| Metric | November 2024 | October 2024 | Difference | Change |
|---|---|---|---|---|
Market Revenue | $41,786,393.81 | $39,721,633.32 | $2,064,760.49 | +5.20% |
Monthly Revenue | $5,773.60 | $5,627.88 | $145.72 | +2.59% |
Nightly Rate | $251.66 | $244.69 | $6.97 | +2.85% |
Occupancy Rate | 73.79% | 73.98% | -0.19% | -0.26% |
Weekly Revenue | $1,347.14 | $1,313.37 | $33.77 | +2.57% |
Yearly Revenue | $70,243.32 | $68,472.54 | $1,770.78 | +2.59% |
Listings & Hosts
| Metric | November 2024 | October 2024 | Difference | Change |
|---|---|---|---|---|
Entire Homes | 5,662 | 5,552 | 110 | +1.98% |
Hosts | 3,159 | 3,010 | 150 | +4.97% |
Hotel Rooms | 11 | 9 | 2 | +22.22% |
Listings | 7,238 | 7,058 | 179 | +2.54% |
Private Rooms | 1,544 | 1,477 | 67 | +4.51% |
Shared Rooms | 21 | 20 | 1 | +4.76% |