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AirDNA Data: AU Victoria Colac Otway

How is Colac Otway performing?

38

Bad
Market Score

28

Rental Demand

43

Revenue Growth

62

Seasonality

58

Regulation

Annual Revenue

$26.4K

+3%

past year

Occupancy Rate

47%

+4%

past year

Average Daily Rate

$273.4

+3%

past year

Revenue per Available Rental (RevPAR)

$126.3

+6%

past year

Colac Otway Performance Details

Total available listings

1,312

+3%

past year

Listings by rental channel

Channel

Airbnb (50%)

Vrbo (8%)

Both (42%)

Listings by rental size

Bedrooms

1 Bedroom (23%)

2 Bedroom (20%)

3 Bedroom (38%)

4 Bedroom (15%)

5+ Bedroom (4%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (20%)

91-180 nights (15%)

181-270 nights (22%)

271-365 nights (43%)

Listings by rental type

Type

Entire Home (92%)

Private Room (8%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (7.4%)

Moderate (31.6%)

Strict (43.3%)

Super Strict (17.8%)

Listings by Minimum Stay

1 Night (0.2%)

2 Nights (64.6%)

3 Nights (8.2%)

4-6 Nights (2.2%)

7-29 Nights (1.2%)

30+ Nights (23.6%)

What amenities do listings have?

Parking

93%

Heating

90%

Kitchen

89%

Aircon

83%

Tv

81%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Great Ocean Road Holidays
136-0.2%1720
4.56
Otway Retreats
64-0.1%1889
4.73
Holiday Great Ocean Road
40-0.1%1697
4.78
Great Ocean Road Escapes
340.2%5524
4.82
Otway Getaways Holiday
140.1%335
4.85

Occupancy

Occupancy Rate

47%

+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

$2,644,876

+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)

$47

+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

$47

-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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