Why Short-Stay Rentals?
Based on the average Canberra short-stay property, you could unlock potential returns up to 30% higher under the short-stay management model than long stay rentals. Plus you have the benefit of using the property to suit your needs – with a short-term rental it couldn’t be simpler to block out some time for family, friends or yourself to enjoy the property.
Despite the impact of COVID-19, Canberra’s short-term rental market has remained strong. With the appeal of our strong business sector, significant landmarks and tourism hotspots, coupled with relaxing covid restrictions, visitors to the Capital are only predicted to increase.
Occupancy rate performed really well, achieving 80% occupancy averaged between January 2020 and January 2021,
The Average Daily Rates (ADR) for Canberra short-term rentals ended up 6.25% higher in January 2021 than the same time in 2020.
Canberra Short-Term Rental Occupancy Rate
Canberra Short-Term Rental Average Daily Rate
Book a consultation today to find out your projected returns.
While Airbnb is the single largest source of guest bookings, almost half of total booking revenue is generated on other platforms such as Vrbo, Booking.com, Expedia and more.
All properties managed through Guested are prioritised by our booking platforms, giving greater exposure of your property to potential guests, along with a higher level of direct support.
Download our “Making money on short-stay booking platforms” Ebook.
If you’re not sure what short stay rental involves, you’re not alone. Many owners of investment properties are either worried it will be too much work, or simply don’t know how to get started. How do you attract guests? Who will do the cleaning? What rate should you charge?
We’ve put together this guide to show you how profitable and stress-free short stay property ownership can be.