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 take in large sets of data and translate it into actionable insights for hosts, free of charge.
If you have any questions or feedback, please reach out. We are always looking to improve our tools and appreciate your input.
Check back on the 16th for our October report.
Nightly rates fell in September by -3.71% to $202.98, and hosts saw lower occupancy rates at 61.29% across 1,605 listings.
There were 0 the same number of Superhosts, accounting for 10.00% of all hosts.
Hosts averaged $871.00 per week, coming in at 1.26x the citywide average of $690.00 for long-term rentals.
| Metric | September | August | Difference | Change |
|---|---|---|---|---|
Nightly Rate | $202.98 | $210.79 | -$7.81 | -3.71% |
Occupancy Rate | 61.29% | 75.93% | -14.64% | -19.28% |
Weekly Revenue | $871.00 | $1,120.00 | -$249.00 | -22.23% |
Yearly Revenue | $45,409.00 | $58,420.00 | -$13,011.00 | -22.27% |
Monthly Revenue | $3,732.00 | $4,802.00 | -$1,070.00 | -22.28% |
Market Revenue | $5,989,860.00 | $7,942,508.00 | -$1,952,648.00 | -24.58% |
| Metric | September | August | Difference | Change |
|---|---|---|---|---|
Bedrooms | 1.9 | 1.9 | - | - |
Accommodates | 4.3 | 4.3 | - | - |
Hotel Rooms | 13 | 13 | - | - |
Shared Rooms | 0 | 0 | - | - |
Superhosts | 77 | 77 | - | - |
Entire Homes | 1,337 | 1,368 | -31 | -2.27% |
Listings | 1,605 | 1,654 | -49 | -2.96% |
Hosts | 776 | 808 | -32 | -3.96% |
Private Rooms | 255 | 273 | -18 | -6.59% |