AirDNA Data: NZ→ Wellington→ Wellington
How is Wellington performing?
87
Great
79
Rental Demand
63
Revenue Growth
87
Seasonality
64
Regulation
Annual Revenue
$12.1K
+3%
past year
Occupancy Rate
51%
+4%
past year
Average Daily Rate
$123.2
+3%
past year
Revenue per Available Rental (RevPAR)
$58.6
+6%
past year
Wellington Performance Details
Total available listings
4,508
+3%
past year
Listings by rental channel
Airbnb (77%)
Vrbo (4%)
Both (19%)
Listings by rental size
1 Bedroom (50%)
2 Bedroom (21%)
3 Bedroom (19%)
4 Bedroom (7%)
5+ Bedroom (3%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (14%)
91-180 nights (13%)
181-270 nights (14%)
271-365 nights (59%)
Listings by rental type
Entire Home (79%)
Private Room (19%)
Shared Room (2%)
Listings by Cancellation Policy
Flexible (48.6%)
Moderate (41.5%)
Strict (9.4%)
Super Strict (0.5%)
Listings by Minimum Stay
1 Night (1.7%)
2 Nights (43.0%)
3 Nights (5.9%)
4-6 Nights (3.1%)
7-29 Nights (2.7%)
30+ Nights (43.6%)
What amenities do listings have?
Internet
93%
Wireless Internet
93%
Heating
84%
Kitchen
84%
Washer
76%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Bachcare Holiday Homes | 81 | -0.1% | 507 | 4.75 |
Taylor's Property Management | 63 | 0.1% | 4210 | 4.77 |
Trust Property Management | 44 | -0.3% | 4283 | 4.75 |
Homezi | 29 | 0.0% | 77 | 4.88 |
Ohana Property | 26 | -0.5% | 1715 | 4.69 |
Occupancy
Occupancy Rate
51%
+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
$1,206,714
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
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Average revenue over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Rates
Revenue per available rental (RevPAR)
$51
+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
$51
-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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