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AirDNA Data: NZ Manawatu Wanganui Rangitikei District

How is Rangitikei District performing?

31

Bad
Market Score

25

Rental Demand

28

Revenue Growth

68

Seasonality

40

Regulation

Annual Revenue

$11.7K

+3%

past year

Occupancy Rate

41%

+4%

past year

Average Daily Rate

$126.4

+3%

past year

Revenue per Available Rental (RevPAR)

$52.8

+6%

past year

Rangitikei District Performance Details

Total available listings

87

+3%

past year

Listings by rental channel

Channel

Airbnb (86%)

Vrbo (6%)

Both (8%)

Listings by rental size

Bedrooms

1 Bedroom (44%)

2 Bedroom (17%)

3 Bedroom (20%)

4 Bedroom (9%)

5+ Bedroom (10%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (16%)

91-180 nights (18%)

181-270 nights (26%)

271-365 nights (39%)

Listings by rental type

Type

Entire Home (75%)

Private Room (25%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (44.2%)

Moderate (33.7%)

Strict (22.1%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (23.0%)

3 Nights (0.0%)

4-6 Nights (0.0%)

7-29 Nights (0.0%)

30+ Nights (77.0%)

What amenities do listings have?

Parking

97%

Heating

85%

Internet

84%

Wireless Internet

84%

Kitchen

79%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Bachcare Holiday Homes
11.0%2
5.00

Occupancy

Occupancy Rate

41%

+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

$1,171,885

+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)

$41

+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

$41

-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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