How is Melbourne performing?
65
Good
56
Rental Demand
33
Revenue Growth
80
Seasonality
31
Regulation
Annual Revenue
$14.6K
+3%
past year
Occupancy Rate
51%
+4%
past year
Average Daily Rate
$195.9
+3%
past year
Revenue per Available Rental (RevPAR)
$94.5
+6%
past year
Melbourne Performance Details
Total available listings
37,366
+3%
past year
Listings by rental channel
Airbnb (72%)
Vrbo (5%)
Both (23%)
Listings by rental size
1 Bedroom (42%)
2 Bedroom (29%)
3 Bedroom (15%)
4 Bedroom (9%)
5+ Bedroom (4%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (43%)
91-180 nights (21%)
181-270 nights (16%)
271-365 nights (20%)
Listings by rental type
Entire Home (82%)
Private Room (18%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (21.3%)
Moderate (54.2%)
Strict (22.2%)
Super Strict (2.3%)
Listings by Minimum Stay
1 Night (0.2%)
2 Nights (36.6%)
3 Nights (14.9%)
4-6 Nights (10.1%)
7-29 Nights (7.0%)
30+ Nights (31.3%)
What amenities do listings have?
Kitchen
94%
Internet
93%
Wireless Internet
93%
Washer
90%
Aircon
89%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Flexi Stayz | 319 | -0.1% | 1815 | 4.33 |
MadeComfy | 267 | -0.3% | 4040 | 4.45 |
Jellis Craig Short Stays | 170 | -0.0% | 604 | 4.74 |
Advante Homes | 169 | -0.2% | 3376 | 4.28 |
Bedspoke | 134 | 0.5% | 4228 | 4.67 |
Occupancy
Occupancy Rate
51%
+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
$1,457,511
+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)
$51
+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
$51
-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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