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 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.

Market Report

Beta

Nightly rates fell in September by -3.67% to $230.74, and hosts saw lower occupancy rates at 51.85% across 954 listings.

There were -4 fewer Superhosts, accounting for 21.00% of all hosts.

Hosts averaged $837.00 per week, coming in at 1.52x the citywide average of $550.00 for long-term rentals.

Performance

MetricSeptemberAugustDifferenceChange
Nightly Rate
$230.74
$239.52
-$8.78
-3.67%
Occupancy Rate
51.85%
60.00%
-8.15%
-13.58%
Monthly Revenue
$3,589.00
$4,311.00
-$722.00
-16.75%
Yearly Revenue
$43,669.00
$52,454.00
-$8,785.00
-16.75%
Weekly Revenue
$837.00
$1,006.00
-$169.00
-16.80%
Market Revenue
$3,423,906.00
$4,259,268.00
-$835,362.00
-19.61%

Listings & Hosts

MetricSeptemberAugustDifferenceChange
Shared Rooms
6
5
1
+20.00%
Bedrooms
2.1
2.1
-
-
Accommodates
4.5
4.5
-
-
Hosts
574
587
-13
-2.21%
Superhosts
119
123
-4
-3.25%
Listings
954
988
-34
-3.44%
Entire Homes
836
866
-30
-3.46%
Private Rooms
92
96
-4
-4.17%
Hotel Rooms
20
21
-1
-4.76%
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 Sept 2023, 1:00 am.