How is Launceston performing?
83
Great
73
Rental Demand
24
Revenue Growth
80
Seasonality
56
Regulation
Annual Revenue
$19K
+3%
past year
Occupancy Rate
58%
+4%
past year
Average Daily Rate
$162.8
+3%
past year
Revenue per Available Rental (RevPAR)
$92.8
+6%
past year
Launceston Performance Details
Total available listings
770
+3%
past year
Listings by rental channel
Airbnb (64%)
Vrbo (4%)
Both (32%)
Listings by rental size
1 Bedroom (36%)
2 Bedroom (28%)
3 Bedroom (25%)
4 Bedroom (8%)
5+ Bedroom (3%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (26%)
91-180 nights (19%)
181-270 nights (15%)
271-365 nights (40%)
Listings by rental type
Entire Home (85%)
Private Room (15%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (40.4%)
Moderate (45.3%)
Strict (14.1%)
Super Strict (0.3%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (51.2%)
3 Nights (3.0%)
4-6 Nights (4.2%)
7-29 Nights (2.1%)
30+ Nights (39.6%)
What amenities do listings have?
Wireless Internet
96%
Internet
96%
Heating
94%
Kitchen
86%
Washer
83%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
The Acc ommodation Group TAG | 36 | 0.1% | 1452 | 4.68 |
L'Abode Accommodation | 6 | 2.0% | 234 | 4.73 |
Aqua Property Services North East | 1 | 1.0% | 2 | 5.00 |
Occupancy
Occupancy Rate
58%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Revenue
Average revenue
$1,901,583
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow much revenue did listings earn per month?
Average revenue over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Rates
Revenue per available rental (RevPAR)
$58
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat was the average daily rate?
Average daily rate over the last 5 years
-3%
past year
2023
2022
2021
2020
2019
2018
Revenue per available rental (RevPAR)
Revenue per available rental
$58
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
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