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AirDNA Data: NZ Manawatu Wanganui Rangitikei District

How is Rangitikei District performing?

73

Good
Market Score

34

Rental Demand

45

Revenue Growth

90

Seasonality

59

Regulation

Annual Revenue

$13K

+3%

past year

Occupancy Rate

40%

+4%

past year

Average Daily Rate

$135.8

+3%

past year

Revenue per Available Rental (RevPAR)

$55.8

+6%

past year

Rangitikei District Performance Details

Total available listings

85

+3%

past year

Listings by rental channel

Channel

Airbnb (86%)

Vrbo (7%)

Both (7%)

Listings by rental size

Bedrooms

1 Bedroom (45%)

2 Bedroom (15%)

3 Bedroom (15%)

4 Bedroom (14%)

5+ Bedroom (11%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (18%)

91-180 nights (14%)

181-270 nights (25%)

271-365 nights (44%)

Listings by rental type

Type

Entire Home (72%)

Private Room (28%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (43.5%)

Moderate (28.2%)

Strict (28.2%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (24.7%)

3 Nights (0.0%)

4-6 Nights (0.0%)

7-29 Nights (0.0%)

30+ Nights (75.3%)

What amenities do listings have?

Parking

96%

Wireless Internet

85%

Internet

85%

Heating

85%

Kitchen

80%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review

Occupancy

Occupancy Rate

40%

+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

$1,299,666

+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)

$40

+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

$40

-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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