How is Melbourne performing?
79
Good
80
Rental Demand
70
Revenue Growth
89
Seasonality
63
Regulation
Annual Revenue
$16.4K
+3%
past year
Occupancy Rate
55%
+4%
past year
Average Daily Rate
$178.1
+3%
past year
Revenue per Available Rental (RevPAR)
$88.3
+6%
past year
Melbourne Performance Details
Total available listings
34,575
+3%
past year
Listings by rental channel
Airbnb (70%)
Vrbo (3%)
Both (27%)
Listings by rental size
1 Bedroom (45%)
2 Bedroom (29%)
3 Bedroom (15%)
4 Bedroom (9%)
5+ Bedroom (4%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (16%)
91-180 nights (16%)
181-270 nights (15%)
271-365 nights (54%)
Listings by rental type
Entire Home (80%)
Private Room (19%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (33.4%)
Moderate (42.1%)
Strict (20.5%)
Super Strict (4.0%)
Listings by Minimum Stay
1 Night (2.4%)
2 Nights (34.2%)
3 Nights (15.7%)
4-6 Nights (10.3%)
7-29 Nights (6.9%)
30+ Nights (30.5%)
What amenities do listings have?
Kitchen
94%
Internet
94%
Wireless Internet
94%
Washer
90%
Aircon
89%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Flexi Stayz | 315 | -0.0% | 1811 | 4.36 |
MadeComfy | 182 | -0.3% | 3401 | 4.48 |
Jellis Craig Short Stays | 173 | 0.1% | 684 | 4.74 |
Advante Homes | 152 | -0.1% | 3437 | 4.32 |
Property Mums | 143 | 0.1% | 4184 | 4.84 |
Occupancy
Occupancy Rate
55%
+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
$1,637,801
+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)
$55
+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
$55
-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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