How is Melbourne performing?
74
Good
58
Rental Demand
34
Revenue Growth
86
Seasonality
43
Regulation
Annual Revenue
$15K
+3%
past year
Occupancy Rate
53%
+4%
past year
Average Daily Rate
$203.1
+3%
past year
Revenue per Available Rental (RevPAR)
$99.9
+6%
past year
Melbourne Performance Details
Total available listings
36,248
+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 (16%)
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 (40%)
91-180 nights (24%)
181-270 nights (17%)
271-365 nights (19%)
Listings by rental type
Entire Home (82%)
Private Room (17%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (21.2%)
Moderate (53.0%)
Strict (23.2%)
Super Strict (2.6%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (36.8%)
3 Nights (15.1%)
4-6 Nights (9.1%)
7-29 Nights (7.8%)
30+ Nights (31.2%)
What amenities do listings have?
Kitchen
94%
Internet
93%
Wireless Internet
93%
Washer
89%
Aircon
89%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Flexi Stayz | 320 | -0.0% | 1807 | 4.31 |
MadeComfy | 257 | -0.2% | 3699 | 4.46 |
Advante Homes | 175 | 0.0% | 3363 | 4.27 |
Jellis Craig Short Stays | 163 | 0.1% | 581 | 4.75 |
Property Mums | 130 | 0.1% | 3720 | 4.85 |
Occupancy
Occupancy Rate
53%
+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
$1,504,692
+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)
$53
+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
$53
-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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