Capital Markets

Sydney Market Report

Sydney is Australia's largest city, featuring iconic landmarks, stunning beaches, and adventures in the Blue Mountains.

Sydney City Profile

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 take in large sets of data and translate it into actionable insights for hosts, free of charge.

This report offers insight into the market conditions for January 2025, based on how the local Sydney market performed in December 2024.

December 2024 Summary

Nightly Rates increased in December 2024 by 7.43% to $327.39, and hosts saw lower occupancy rates at 64.33% across 17,995 listings.

Hosts averaged $1,527.60 per week, yielding 1.98x the annualised average of $770.00 for long-term rentals in Sydney.

Long-Term Rent: CoreLogic (April 2024)

Performance

MetricDecember 2024November 2024DifferenceChange
Market Revenue
$117,824,807.58
$114,467,726.56
$3,357,081.02
+2.93%
Monthly Revenue
$6,547.53
$7,428.57
-$881.05
-11.86%
Nightly Rate
$327.39
$304.74
$22.65
+7.43%
Occupancy Rate
64.33%
78.41%
-14.07%
-17.95%
Weekly Revenue
$1,527.60
$1,733.14
-$205.54
-11.86%
Yearly Revenue
$79,665.58
$90,375.15
-$10,709.57
-11.85%
6 total (showing 1 - 6)

Listings & Hosts

MetricDecember 2024November 2024DifferenceChange
Entire Homes
14,623
12,374
2,248
+18.17%
Hosts
8,307
7,132
1,174
+16.47%
Hotel Rooms
90
86
4
+4.49%
Listings
17,995
15,409
2,586
+16.78%
Private Rooms
3,222
2,886
336
+11.63%
Shared Rooms
61
63
-2
-3.08%
6 total (showing 1 - 6)
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 January 2025 at 1:00 am.