Sydney is Australia's largest city, featuring iconic landmarks, stunning beaches, and adventures in the Blue Mountains.
Australia's largest city, home to the famous Sydney Opera House, the Harbour Bridge and a population of 5 million people. The bustling city is a constant attraction for tourists from Australia and abroad, visiting for its stunning beaches, particularly Bondi Beach or the adventures in the Blue Mountains.
Our Capital Markets reports aim to provide a transparent view of the short-term rental market in Sydney 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.
Beta
Nightly rates fell month-over-month in May by -5.00% to $297.77, and hosts saw lower occupancy at 75.00% across 12,352 listings.
There were 7 more Superhosts, accounting for 10.00% of all hosts.
Hosts averaged $1,563.00 per week, coming in at 2.4x the citywide average of $650.00 for long-term rentals.
| Metric | May | April | Difference | Change |
|---|---|---|---|---|
Accommodates | 4.6 | 4.6 | - | - |
Bedrooms | 2.1 | 2 | 0.1 | +5.00% |
Hosts | 6,622 | 6,324 | 298 | +5.00% |
Hosts (Superhosts) | 635 | 628 | 7 | +1.00% |
Listings | 12,352 | 11,905 | 447 | +4.00% |
Listings (Entire Homes) | 9,496 | 9,076 | 420 | +5.00% |
Listings (Hotel Rooms) | 100 | 104 | -4 | -4.00% |
Listings (Private Rooms) | 2,652 | 2,617 | 35 | +1.00% |
Listings (Shared Rooms) | 104 | 108 | -4 | -4.00% |
Nightly Rate | $297.77 | $312.10 | -$14.33 | -5.00% |
Occupancy Rate | 75.00% | 82.25% | -7.25% | -9.00% |
Revenue (Annual) | $81,514.00 | $93,692.00 | -$12,178.00 | -13.00% |
Revenue (Market) | $82,758,400.00 | $91,680,405.00 | -$8,922,005.00 | -10.00% |
Revenue (Monthly) | $6,700.00 | $7,701.00 | -$1,001.00 | -13.00% |
Revenue (Weekly) | $1,563.00 | $1,797.00 | -$234.00 | -13.00% |