July 20, 2017

The Airbnb listings generating much more than pocket money. These are the listings making a motza

Stock Photo - Waving flag with Airbnb logo. Editorial 3D rendering
Copyright: moovstock / 123RF Stock Photo

Luxury Homeowners Now Airbnb Hosts FAR from merely earning owners a bit of extra pocket money, Airbnb properties are generating tens of thousands of dollars for savvy Aussie homeowners with a spare room or couch.

Despite a recent report commissioned by Airbnb showing the average income for Australian hosts was under $5000, detailed analysis by Airdna showed the estimated revenue for a spare room in Sydney was $18,472 in the year to March.

In Melbourne it was $16,115, in Brisbane it was $12,172, in Perth it was $11,604, in Darwin it was $10,258 and on the Gold Coast it was $9088.

For properties with four bedrooms or more, average annual earnings were $107,607 in Sydney, $86,705 in Melbourne, $72,792 on the Gold Coast and $63,945 in Brisbane.

Even an “Ikea sofa bed” in an apartment between the CBD and Sydney Airport earned the owners $7276 in the 12-months to March, and an “amazing lounge room” in Melbourne returned $9592. Australia’s best performing Airbnb property is a five-bedroom Palm Beach house, owned by Lynne Champion. Picture: Adam Yip According to the data, Australia’s most lucrative Airbnb listing for the year, was a five-bedroom house at Palm Beach in Sydney, estimated to earn owner Lynne […]

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The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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