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.

May 2024 Summary

Nightly Rates increased in May 2024 by 19.50% to $242.04, and hosts saw higher occupancy rates at 55.40% across 798 listings.

Hosts averaged $993.19 per week, coming in at 2x the average of $620.00 for long-term rentals.

Performance

MetricMay 2024April 2024DifferenceChange
Market Revenue
$3,394,723.80
$2,214,226.02
$1,180,497.78
+53.31%
Monthly Revenue
$4,256.28
$2,939.90
$1,316.38
+44.78%
Nightly Rate
$242.04
$202.55
$39.49
+19.50%
Occupancy Rate
55.40%
45.73%
9.67%
+21.15%
Weekly Revenue
$993.19
$686.07
$307.13
+44.77%
Yearly Revenue
$51,787.89
$35,772.03
$16,015.86
+44.77%

Listings & Hosts

MetricMay 2024April 2024DifferenceChange
Entire Homes
650
610
41
+6.67%
Hosts
369
348
22
+6.25%
Hotel Rooms
3
3
-
-
Listings
798
753
44
+5.90%
Private Rooms
145
140
5
+3.38%
Shared Rooms
0
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 May 2024 at 1:00 am.