How is Melbourne performing?
78
Good
73
Investability
81
Rental Demand
67
Revenue Growth
71
Seasonality
64
Regulation
Annual Revenue
$18.8K
+3%
past year
Occupancy Rate
58%
+4%
past year
Average Daily Rate
$164.7
+3%
past year
Revenue per Available Rental (RevPAR)
$85
+6%
past year
Melbourne Performance Details
Total available listings
899
+3%
past year
Listings by rental channel
Airbnb (54%)
Vrbo (7%)
Both (39%)
Listings by rental size
1 Bedroom (46%)
2 Bedroom (19%)
3 Bedroom (21%)
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 (11%)
91-180 nights (14%)
181-270 nights (14%)
271-365 nights (61%)
Listings by rental type
Entire Home (78%)
Private Room (22%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (41.1%)
Moderate (33.8%)
Strict (23.4%)
Super Strict (1.6%)
Listings by Minimum Stay
1 Night (0.8%)
2 Nights (28.4%)
3 Nights (17.2%)
4-6 Nights (8.2%)
7-29 Nights (8.6%)
30+ Nights (36.8%)
What amenities do listings have?
Aircon
99%
Wireless Internet
98%
Internet
98%
Parking
95%
Kitchen
89%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Timeshare - RoomPicks | 11 | 0.0% | 45 | 4.34 |
Evolve | 5 | -0.4% | 87 | 4.68 |
Vacasa | 5 | 0.0% | 20 | 4.75 |
Landing, Inc. | 4 | 4.0% | 9 | 3.89 |
Vistery Vacation Rentals | 2 | 0.0% | 34 | 4.90 |
Occupancy
Occupancy Rate
58%
+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
$1,884,091
+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)
$58
+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
$58
-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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