Capital Markets

Darwin Market Report

Darwin is a unique and fascinating city with a rich history and culture. Located close to the Australian Outback, with vast expense of desert and wildernesss just a short drive away.

Darwin City Profile

Darwin is a unique and fascinating city with a rich history and culture. Located close to the Australian Outback, with vast expense of desert and wildernesss just a short drive away. The short-term rentalmarket in Darwin can be quite active, especially during the dry season which runs from May to September.

Our Capital Markets reports aim to provide a transparent view of the short-term rental market in Darwin 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 -6.16% to $187.08, and hosts saw higher occupancy rates at 43.88% across 740 listings.

Hosts averaged $607.64 per week, coming in at 1x the average of $620.00 for long-term rentals.

Long-Term Rent: PropTrack (May 2023)

Performance

MetricMarch 2024February 2024DifferenceChange
Market Revenue
$1,927,800.75
$2,113,275.79
-$185,475.04
-8.78%
Monthly Revenue
$2,605.37
$2,700.81
-$95.45
-3.53%
Nightly Rate
$187.08
$199.37
-$12.29
-6.16%
Occupancy Rate
43.88%
42.68%
1.20%
+2.81%
Weekly Revenue
$607.64
$630.31
-$22.68
-3.60%
Yearly Revenue
$31,702.86
$32,864.27
-$1,161.41
-3.53%

Listings & Hosts

MetricMarch 2024February 2024DifferenceChange
Entire Homes
604
635
-31
-4.91%
Hosts
328
355
-27
-7.71%
Hotel Rooms
3
3
-
-
Listings
740
782
-43
-5.43%
Private Rooms
132
144
-11
-7.89%
Shared Rooms
1
1
-
-
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 March 2024 at 1:00 am.