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.
March 2024 Summary
Nightly Rates decreased in March 2024 by -0.72% to $245.47, and hosts saw higher occupancy rates at 67.50% across 6,620 listings.
Hosts averaged $1,227.55 per week, coming in at 2x the average of $550.00 for long-term rentals.
Metric | March 2024 | February 2024 | Difference | Change |
---|---|---|---|---|
Market Revenue | $34,818,892.94 | $35,238,224.43 | -$419,331.50 | -1.19% |
Monthly Revenue | $5,259.87 | $5,264.59 | -$4.72 | -0.09% |
Nightly Rate | $245.47 | $247.26 | -$1.79 | -0.72% |
Occupancy Rate | 67.50% | 67.06% | 0.44% | +0.65% |
Weekly Revenue | $1,227.55 | $1,228.50 | -$0.95 | -0.08% |
Yearly Revenue | $63,997.29 | $64,048.32 | -$51.03 | -0.08% |
Listings & Hosts
Metric | March 2024 | February 2024 | Difference | Change |
---|---|---|---|---|
Entire Homes | 5,245 | 5,299 | -54 | -1.02% |
Hosts | 2,942 | 3,065 | -123 | -4.01% |
Hotel Rooms | 13 | 10 | 3 | +27.27% |
Listings | 6,620 | 6,693 | -74 | -1.10% |
Private Rooms | 1,339 | 1,352 | -13 | -0.98% |
Shared Rooms | 23 | 32 | -9 | -29.41% |