Is the Gold Coast the Next City to Explode on Airbnb?

Demand for Airbnb ads has increased in the three largest capitals of Australia – Sydney, Melbourne and Brisbane in recent years, but recent data trends point to a fourth key city poised to become the next big market for short-term rentals, according to new ideas from the management company Airbnb MadeComfy.

Airbnb booking data for entire active houses revealed that rental bookings in Gold Coast are steadily increasing year by year, with a summer 2019/20 particularly awaited due to a combination of year over year growth trends in short term accommodation bookings a weak Australian dollar.

The number of properties booked for short-term rental on the Gold Coast has increased by more than 26% year-on-year since October 2017, as the city's popularity as a tourism hub continues to grow among international visitors. and national.

In addition, nightly rates generally increase during the summer: rates booked in December and January are on average around $ 260 per night, up about 24% from September and October.

According to MadeComfy, the hotspots for short-term rentals in Gold Coast are those centered on Surfers Paradise, Main Beach and Broadbeach, although properties located outside the main hubs will still receive reservations if they can offer good amenities. , are in good condition and competitive price.

Source: Airbnb and Homeaway, reservation data via AirDNA.

As the popularity of short-term rental platforms like Airbnb has increased, more and more visitors to the Gold Coast have taken advantage of platforms such as Airbnb compared to commercial hotels as they offer superior amenities such as full kitchens and a wider variety of properties. types at different prices.

Photo provided by MadeComfy

Short-term rental options for Gold Coast property investors

The Gold Coast is among MadeComfy's fastest growing markets, and we are looking for more properties for our clients to book in 2020. If you have investment property on the Gold Coast, Sydney, Melbourne or Brisbane Now is the best time to speak to MadeComfy, take advantage of the demand in high season and see how much your property could make on Airbnb.

Visit MadeComfy.com.au for an instant weekly rental estimate for your property address, or to receive a free property appraisal from our team.

Disclaimer: Although precautions are taken, the views expressed by contributors and / or paid content do not necessarily reflect the views of your investment property.

Main suburbs:

collingwood

,

Midland

,

miller

,

ferntree gully

,

fresh water

Get help with your investment property

Do you need help finding the right loan for your investment?

When investing in a property, it is important to make sure that you don't just have the

Simply fill in a few details below and we will then arrange an Australian mortgage broker local to contact you and work out what features or types of loans suit your needs. We will even help you with the paperwork. In addition, an appointment is free.

We value your privacy and treat all of your information seriously – you can verify
our privacy policy here

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.