Capital Markets

Airbnb Management in Melbourne

Discover Melbourne's unique charm with short-term rentals, perfect for exploring laneways, coffee culture, and sports.

Hosting in Melbourne

Melbourne is a vibrant, cosmopolitan city famous for its quirks and unique character. The city is known for its vibrant laneways, thriving coffee culture, sport and unpredictable weather. Short-term rental properties in Melbourne are particularly popular with tourists who are looking for affordable accomodation and having the opportunity to experience the city like a local.

Our Capital Markets reports aim to provide a transparent view of the short-term rental market in Melbourne 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 grew in September by 0.99% to $236.93, and hosts saw lower occupancy rates at 61.11% across 20,410 listings.

There were -26 fewer Superhosts, accounting for 10.00% of all hosts.

Hosts averaged $1,014.00 per week, coming in at 2.11x the citywide average of $480.00 for long-term rentals.

Performance

MetricSeptemberAugustDifferenceChange
Nightly Rate
$236.93
$234.60
$2.33
+0.99%
Market Revenue
$88,661,040.00
$96,790,400.00
-$8,129,360.00
-8.40%
Weekly Revenue
$1,014.00
$1,112.00
-$98.00
-8.81%
Monthly Revenue
$4,344.00
$4,768.00
-$424.00
-8.89%
Yearly Revenue
$52,848.00
$58,007.00
-$5,159.00
-8.89%
Occupancy Rate
61.11%
67.74%
-6.63%
-9.79%

Listings & Hosts

MetricSeptemberAugustDifferenceChange
Shared Rooms
149
147
2
+1.36%
Entire Homes
16,937
16,833
104
+0.62%
Listings
20,410
20,300
110
+0.54%
Private Rooms
3,243
3,235
8
+0.25%
Bedrooms
2.3
2.3
-
-
Accommodates
5.3
5.3
-
-
Hosts
9,272
9,332
-60
-0.64%
Superhosts
901
927
-26
-2.80%
Hotel Rooms
81
85
-4
-4.71%
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.