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.

July 2024 Summary

Nightly Rates increased in July 2024 by 0.35% to $240.33, and hosts saw higher occupancy rates at 63.00% across 6,705 listings.

Hosts averaged $1,121.72 per week, yielding 1.73x the annualised average of $649.00 for long-term rentals in Brisbane.

Long-Term Rent: CoreLogic (April 2024)

Performance

MetricJuly 2024June 2024DifferenceChange
Market Revenue
$32,224,958.94
$28,840,889.82
$3,384,069.12
+11.73%
Monthly Revenue
$4,806.27
$4,172.18
$634.09
+15.20%
Nightly Rate
$240.33
$239.50
$0.83
+0.35%
Occupancy Rate
63.00%
54.87%
8.13%
+14.81%
Weekly Revenue
$1,121.72
$973.35
$148.37
+15.24%
Yearly Revenue
$58,479.44
$50,757.84
$7,721.60
+15.21%

Listings & Hosts

MetricJuly 2024June 2024DifferenceChange
Entire Homes
5,311
5,519
-208
-3.77%
Hosts
2,914
2,964
-49
-1.66%
Hotel Rooms
9
11
-2
-16.67%
Listings
6,705
6,913
-208
-3.01%
Private Rooms
1,366
1,357
9
+0.70%
Shared Rooms
18
26
-8
-29.63%
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.