How is Melbourne performing?
74
Good
79
Rental Demand
31
Revenue Growth
71
Seasonality
47
Regulation
Annual Revenue
$19K
+3%
past year
Occupancy Rate
93%
+4%
past year
Average Daily Rate
$580.1
+3%
past year
Revenue per Available Rental (RevPAR)
$566.7
+6%
past year
Melbourne Performance Details
Total available listings
13
+3%
past year
Listings by rental channel
Airbnb (77%)
Vrbo (8%)
Both (15%)
Listings by rental size
1 Bedroom (46%)
2 Bedroom (31%)
3 Bedroom (15%)
4 Bedroom (8%)
5+ Bedroom (0%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (92%)
91-180 nights (0%)
181-270 nights (0%)
271-365 nights (8%)
Listings by rental type
Entire Home (85%)
Private Room (15%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (0.0%)
Moderate (61.5%)
Strict (38.5%)
Super Strict (0.0%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (46.2%)
3 Nights (30.8%)
4-6 Nights (7.7%)
7-29 Nights (0.0%)
30+ Nights (15.4%)
What amenities do listings have?
Washer
92%
Kitchen
92%
Tv
85%
Wireless Internet
85%
Heating
69%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Flexi Stayz | 351 | 0.2% | 1767 | 4.28 |
MadeComfy | 325 | 0.1% | 4405 | 4.37 |
Advante Homes | 189 | 0.5% | 1733 | 4.33 |
Jellis Craig Short Stays | 172 | 0.2% | 499 | 4.76 |
Property Mums | 122 | 0.0% | 3231 | 4.83 |
Occupancy
Occupancy Rate
93%
+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
$1,903,667
+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)
$93
+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
$93
-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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