Canberra is the capital city of Australia, home to the Australian government and a hub for education and research.
Canberra is the capital city of Australia, home to the Australian government and a hub for education and research. The short term property market in Canberra is relatively small compared to other major Australian cities, but it is growing steadily.
Our Capital Markets reports aim to provide a transparent view of the short-term rental market in Canberra on a month-to-month basis. We pull in public data from Airbnb and translate it into actionable insights for hosts, free and open to the public.
If you have any questions or feedback, please get in touch with. We are always looking to improve our tools and appreciate your input.
Check back soon for our June report.
Beta
Nightly rates grew month-over-month in May by 2.00% to $221.54, and hosts saw higher occupancy at 72.22% across 1,520 listings.
There were 11 more Superhosts, accounting for 11.00% of all hosts.
Hosts averaged $1,120.00 per week, coming in at 1.62x the citywide average of $690.00 for long-term rentals.
| Metric | May | April | Difference | Change |
|---|---|---|---|---|
Accommodates | 4.2 | 4.2 | - | - |
Bedrooms | 1.8 | 1.8 | - | - |
Hosts | 741 | 671 | 70 | +10.00% |
Hosts (Superhosts) | 83 | 72 | 11 | +15.00% |
Listings | 1,520 | 1,389 | 131 | +9.00% |
Listings (Entire Homes) | 1,251 | 1,136 | 115 | +10.00% |
Listings (Hotel Rooms) | 13 | 13 | - | - |
Listings (Private Rooms) | 254 | 238 | 16 | +7.00% |
Listings (Shared Rooms) | 2 | 2 | - | - |
Nightly Rate | $221.54 | $217.42 | $4.12 | +2.00% |
Occupancy Rate | 72.22% | 70.83% | 1.39% | +2.00% |
Revenue (Annual) | $58,401.00 | $56,213.00 | $2,188.00 | +4.00% |
Revenue (Market) | $7,296,000.00 | $6,417,180.00 | $878,820.00 | +14.00% |
Revenue (Monthly) | $4,800.00 | $4,620.00 | $180.00 | +4.00% |
Revenue (Weekly) | $1,120.00 | $1,078.00 | $42.00 | +4.00% |