How is Melbourne performing?
55
Okay
100
Investability
30
Rental Demand
26
Revenue Growth
41
Seasonality
32
Regulation
Annual Revenue
$17K
+3%
past year
Occupancy Rate
38%
+4%
past year
Average Daily Rate
$185.5
+3%
past year
Revenue per Available Rental (RevPAR)
$69.1
+6%
past year
Melbourne Performance Details
Total available listings
36
+3%
past year
Listings by rental channel
Airbnb (44%)
Vrbo (22%)
Both (33%)
Listings by rental size
1 Bedroom (33%)
2 Bedroom (28%)
3 Bedroom (31%)
4 Bedroom (6%)
5+ Bedroom (3%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (31%)
91-180 nights (19%)
181-270 nights (11%)
271-365 nights (39%)
Listings by rental type
Entire Home (100%)
Private Room (0%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (20.6%)
Moderate (29.4%)
Strict (50.0%)
Super Strict (0.0%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (72.2%)
3 Nights (8.3%)
4-6 Nights (0.0%)
7-29 Nights (0.0%)
30+ Nights (19.4%)
What amenities do listings have?
Aircon
100%
Kitchen
97%
Heating
94%
Internet
92%
Wireless Internet
92%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 7 | 0.0% | 202 | 4.82 |
Fireside Retreats | 3 | 0.0% | 135 | 4.96 |
Ivy Vacations | 2 | 0.0% | 82 | 4.80 |
Occupancy
Occupancy Rate
38%
+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
$1,700,419
+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)
$38
+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
$38
-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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