Capital Markets

Airbnb Management in Hobart

Hobart is a bustling city with a vibrant arts and cultural scene. The short term rental market in Hobart has grown in recent years, as the city has become a popular destination for both domestic and international travellers.

Hosting in Hobart

Despite its small size, Hobart is a bustling city with a vibrant arts and cultural scene. The short term rental market in Hobart has grown in recent years, as the city has become a popular destination for both domestic and international travellers.

Our Capital Markets reports aim to provide a transparent view of the short-term rental market in Hobart 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.

Market Report

Beta

Nightly rates fell month-over-month in May by -2.00% to $266.43, and hosts saw lower occupancy at 76.00% across 987 listings.

There were 1 more Superhosts, accounting for 23.00% of all hosts.

Hosts averaged $1,417.00 per week, coming in at 2.58x the citywide average of $550.00 for long-term rentals.

Long-Term Rent: PropTrack (May 2023)
MetricMayAprilDifferenceChange
Accommodates
4.54.5-
-
Bedrooms
2.12.1-
-
Hosts
5955869
+2.00%
Hosts (Superhosts)
1341331
+1.00%
Listings
98797611
+1.00%
Listings (Entire Homes)
85083515
+2.00%
Listings (Hotel Rooms)
2325-2
-8.00%
Listings (Private Rooms)
109110-1
-1.00%
Listings (Shared Rooms)
56-1
-17.00%
Nightly Rate
$266.43$271.61-$5.18
-2.00%
Occupancy Rate
76.00%83.87%-7.87%
-9.00%
Revenue (Annual)
$73,907.00$83,147.00-$9,240.00
-11.00%
Revenue (Market)
$5,996,025.00$6,669,984.00-$673,959.00
-10.00%
Revenue (Monthly)
$6,075.00$6,834.00-$759.00
-11.00%
Revenue (Weekly)
$1,417.00$1,595.00-$178.00
-11.00%
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. Data averaged at the 50th percentile. Updated 1 May 2023, 9:11 pm.