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.

This report offers insight into the market conditions for January 2025, based on how the local Darwin market performed in December 2024.

December 2024 Summary

Nightly Rates increased in December 2024 by 6.76% to $213.71, and hosts saw lower occupancy rates at 50.04% across 786 listings.

Hosts averaged $775.86 per week, yielding 1.26x the annualised average of $617.00 for long-term rentals in Darwin.

Long-Term Rent: CoreLogic (April 2024)

Performance

MetricDecember 2024November 2024DifferenceChange
Market Revenue
$2,611,369.08
$2,537,316.21
$74,052.87
+2.92%
Monthly Revenue
$3,324.42
$3,303.19
$21.23
+0.64%
Nightly Rate
$213.71
$200.18
$13.54
+6.76%
Occupancy Rate
50.04%
53.08%
-3.04%
-5.72%
Weekly Revenue
$775.86
$771.04
$4.83
+0.63%
Yearly Revenue
$40,447.01
$40,185.49
$261.52
+0.65%
6 total (showing 1 - 6)

Listings & Hosts

MetricDecember 2024November 2024DifferenceChange
Entire Homes
668
640
28
+4.37%
Hosts
347
340
8
+2.27%
Hotel Rooms
3
3
-
-
Listings
786
768
17
+2.26%
Private Rooms
115
125
-11
-8.46%
Shared Rooms
0
0
-
-
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 January 2025 at 1:00 am.