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AirDNA Data: AU Victoria Wellington

How is Wellington performing?

39

Bad
Market Score

16

Rental Demand

41

Revenue Growth

84

Seasonality

42

Regulation

Annual Revenue

$11.4K

+3%

past year

Occupancy Rate

38%

+4%

past year

Average Daily Rate

$162.7

+3%

past year

Revenue per Available Rental (RevPAR)

$61.7

+6%

past year

Wellington Performance Details

Total available listings

596

+3%

past year

Listings by rental channel

Channel

Airbnb (73%)

Vrbo (8%)

Both (19%)

Listings by rental size

Bedrooms

1 Bedroom (26%)

2 Bedroom (22%)

3 Bedroom (34%)

4 Bedroom (13%)

5+ Bedroom (5%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (26%)

91-180 nights (24%)

181-270 nights (20%)

271-365 nights (30%)

Listings by rental type

Type

Entire Home (92%)

Private Room (8%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (32.8%)

Moderate (48.9%)

Strict (17.6%)

Super Strict (0.7%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (56.5%)

3 Nights (7.4%)

4-6 Nights (2.3%)

7-29 Nights (0.5%)

30+ Nights (33.2%)

What amenities do listings have?

Parking

95%

Kitchen

90%

Aircon

87%

Heating

86%

Tv

80%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
At Home Apartments
21-0.0%796
4.87
Gippsland Lakes Escapes
40.3%13
5.00
Tiny Away
21.0%79
4.92

Occupancy

Occupancy Rate

38%

+5%

past year

Booking lead time
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Length of stay
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What 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

$1,144,634

+5%

past year

How 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)

$38

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What 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

$38

-7%

past year

Weekend revenue per available rental (RevPAR)
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What 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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