Capital Markets

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 October 2024, based on how the local Brisbane market performed in September 2024.

September 2024 Summary

Nightly Rates decreased in September 2024 by -10.91% to $240.53, and hosts saw higher occupancy rates at 73.79% across 6,919 listings.

Hosts averaged $1,287.31 per week, yielding 1.98x the annualised average of $649.00 for long-term rentals in Brisbane.

Performance

MetricSeptember 2024August 2024DifferenceChange
Market Revenue
$38,178,418.42
$40,562,887.08
-$2,384,468.66
-5.88%
Monthly Revenue
$5,517.87
$6,010.02
-$492.15
-8.19%
Nightly Rate
$240.53
$270.00
-$29.47
-10.91%
Occupancy Rate
73.79%
71.60%
2.20%
+3.07%
Weekly Revenue
$1,287.31
$1,402.15
-$114.84
-8.19%
Yearly Revenue
$67,136.02
$73,117.08
-$5,981.07
-8.18%
6 total (showing 1 - 6)

Listings & Hosts

MetricSeptember 2024August 2024DifferenceChange
Entire Homes
5,473
5,324
150
+2.81%
Hosts
2,970
2,938
32
+1.08%
Hotel Rooms
11
14
-4
-26.67%
Listings
6,919
6,749
170
+2.52%
Private Rooms
1,420
1,393
26
+1.87%
Shared Rooms
15
17
-2
-11.11%
6 total (showing 1 - 6)
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 October 2024 at 1:01 am.