Clovelly, with its stunning beach and breathtaking cliff top views, is a top spot for property investment. This eastern suburb gem has something for everyone, whether it’s soaking up the sun in Clovelly Beach, snorkelling, or taking in the Coastal Walk’s awe-inspiring sights.
But when it comes to property rentals, what’s more profitable – long-term or short-term rentals?
Currently, the average rental yield for units in Clovelly stands at 3.2%, with a weekly rent averaging $900. The average rental yield for houses is 2.2%, commanding a weekly rent of $1,850. These numbers are pretty impressive, showing strong returns for property owners.
But what if we tell you that by turning your long-term rental into an Airbnb property, you could potentially push your annual yield? This could be your golden opportunity to maximise your investment property.
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Managed Airbnb Management Rental Returns
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Let’s break down the numbers. The escalating potential and profitability of Airbnb property management in Clovelly, Sydney, Australia, is impossible to overlook. The data reveals that Airbnb properties in Clovelly are boasting an impressive occupancy rate of 68%, a clear indication of the high demand for short-term rentals.
With an average daily rate of $405, property owners are witnessing significant annual revenues of $100K, a substantial increase of $53.2K in rental income. That’s an astounding 113% surge in yearly income from your property, thanks to the efficient management of short-term rental bookings.
Looking at these numbers, there’s absolutely no justification for your investment property to remain vacant. Property owners can significantly maximise their returns by making a strategic shift from long-term leases to Airbnb.
Investing in Clovelly’s 1-2 bedroom units could yield landlords an impressive $46.8K annually via long-term rentals, but switching to Airbnb could escalate profits to $100K per year, an increase of 113%.
Given that roughly 70% of Airbnb offerings in Clovelly are these sought-after unit sizes, it’s clear that tapping into the short-term rental market could greatly boost income for property owners in line with high demand.
Long term property rental with tenant vs. short term property rental
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Clovelly, a hidden gem nestled in the Eastern suburbs of Sydney, Australia, has a strong foothold in the n the Sydney Airbnb market. With consistent rates around 70% throughout the year, indicating that seasonality is not a concern here.
This high occupancy, coupled with an average daily rate of $404, allows hosts to potentially increase their annual income by 113%, with an annual boost of $53.2K. Effective management of Airbnb properties, particularly during peak demand times, can optimise rental yield.
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Experience Hassle-Free Hosting & Maximise Profits with The BNB Agency!
At The BNB Agency, we don’t just make empty promises of higher returns on your Clovelly property, we actually deliver them. We understand the ins and outs of short-term rental accommodation, and our Airbnb management services are top-notch when it comes to attention to detail.
Our carefully crafted services cover everything from Airbnb property management and maintenance to creative marketing strategies and thorough cleaning. Our main objective is to maximise your revenue from your Clovelly property, transforming it into a successful short-term accommodation venture.
Our team is experienced in the ins and outs of Airbnb property management. We put this knowledge to work to secure more bookings at competitive prices. This approach not only means higher returns for property owners but also ensures that your investment properties keep making money.
We believe that the key to earning positive feedback and inspiring repeat bookings lies in delivering nothing short of perfection to every guest. Our focus is to foster repeat bookings and earn word-of-mouth recommendations from satisfied guests. From managing check-ins and check-outs to providing a seamless, reliable service, we promise a premium guest experience.
From Airbnb cleaning to professional photography and diligent property maintenance, we manage everything to ensure your property is presented at its best. We focus on making your property more appealing by paying special attention to the furniture and decor details. Our comprehensive management services leave no stone unturned when it comes to maintaining the pristine condition of your Airbnb property, a key factor in attracting bookings.
Our reliable team in Clovelly, one of the most sought-after Sydney suburbs, is always ready to provide local support. We manage all aspects of guest communications, creating personalised experiences that keep them coming back.
We understand the importance of year-round management, especially for holiday rentals. An effective management process involves a complete, year long strategy alongside a detailed analysis of market trends and guest preferences, allowing us to tailor your offerings to meet demand and maximise occupancy rates.
We can help you maximise your Airbnb revenue for your Clovelly property! Trust The BNB Agency to expertly manage your short-term rental, taking care of every detail with professionalism. Our Airbnb management services ensure your peace of mind and give you more time to focus on other important aspects of your life.
Certainly! Your investment property in Clovelly can indeed be managed as an Airbnb, provided your strata allows short-term rentals. This can open doors to a profitable market and significantly boost your annual returns. So, yes – your Clovelly investment property can certainly become a lucrative Airbnb venture with our expert management.
At The BNB Agency, we’ve got you covered with a wide range of Airbnb management services. Our goal? To unlock the true potential of your property! Here’s what we offer:
Our comprehensive solution is here to make property management a breeze for you and help you maximise the return on your property investment.
Absolutely! You can actually list more than one short-term rental with The BNB Agency. We’re not limited to just one Airbnb property. The more properties you list with us, the better the potential returns. We’re more than happy to handle multiple properties and we truly believe that by doing so, we can maximise your earnings even further. So, whether you have one or many Airbnb properties in Sydney, we’re here and ready to help you make the most out of your potential.
Earning income through Airbnb in Clovelly is a process that involves offering your property for short-term accommodations. The BNB Agency, harnessing our two decades of digital marketing prowess, will enhance your listing for optimal visibility, manage reservations seamlessly, and maintain superior guest communication. With an average daily rate of $404 for properties in the area, your Airbnb listing stands to yield considerable revenue.
Make the switch to Airbnb management services with The BNB Agency in Clovelly and unlock your property’s full potential. We handle everything from creating captivating listings to smooth booking management and regular maintenance. This transition streamlines operations and boosts your earnings with minimal effort. It’s a great opportunity to increase revenue while ensuring top-notch guest experiences that lead to better ratings and reviews.
Definitely! Investing in Airbnb properties in Clovelly offers awesome opportunities. By partnering with The BNB Agency, you can turn your property into a top-performing Airbnb, tapping into this growing market.
Clovelly outshines many other Sydney suburbs in the short-term rental landscape. Its popularity amongst tourists and locals alike, coupled with its high occupancy rates and The BNB Agency’s proficiency, ensures that Airbnb properties in this locale yield superior returns and consistently draw in guests.
To delegate your Airbnb hosting responsibilities in Clovelly, reach out to The BNB Agency. Our expert team will take over the management of your property, ensuring smooth booking management, meticulous maintenance, and effective guest communication. This approach is designed to maximise your revenue while simplifying your hosting experience.
Airbnb is a top player in the short-term rental game, but there are some other cool platforms worth checking out. Vrbo, Booking.com, Expedia, and Vacasa are all highly rated options. And if you’re looking for something a little different, Homestay.com, Atraveo, and Agoda Homes have unique features that cater to different host needs. So, depending on what you’re after and who you’re targeting, there’s a platform out there that’s just right for you.
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