Explore Coogee’s property landscape between long-term and short-term property rentals with The BNB Agency.
Let’s talk numbers. If you rent out a unit long-term in Coogee, you might get a 3.5% return on what you invested in the property, with renters paying you $820 each week. For houses, it’s a 2.6% return, with a weekly rent of $1,600. Those are pretty good figures, but you can do even better.
If you list your property on Airbnb, you could earn an average of $436.4 per day. Over a year, that adds up to $107.3K – a huge 151.6% increase compared to long-term rentals.
So, if you’re a property owner in Coogee, why not consider turning your property into an Airbnb rental?
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Managed Airbnb Management
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Airbnb management in Coogee is a great way for property owners to make more money. Why?
Because there’s a lot of demand for short-term rentals here, with a 67% occupancy rate, each Airbnb property can earn about $436.4 daily, which adds up to $107.3K in a year. In comparison, a typical 1-2 bedroom unit in Coogee can only earn around $42,640 per year on long-term rental.
That’s a huge jump from a traditional rental- an increase of $64,660 or 151.6%. This data shows that Airbnb in Coogee is performing well and is more profitable than traditional rentals. It’s simple – the market is hot, and it’s a good time to get in.
The annual income potential for 1-2 bedroom units in Coogee varies greatly between long-term and Airbnb rentals. Long-term rentals yield approximately $42.6K per annum, while Airbnb properties can generate a remarkable $107.3K annually.
This represents a significant 151% increase in income, highlighting the lucrative nature of short-term Airbnb rentals. Interestingly, nearly 70% of Airbnb listings in Coogee are comprised of one to two-bedroom apartments (1-bedroom 36%, 2-bedroom 35%).
The potential for making more money is pretty clear: choosing Airbnb rentals instead of long-term leases can really boost your earnings.
Example: 1-2 Bedroom Unit in Coogee
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That’s an incredible 151.6% increase in annual income.
Airbnb properties in Coogee see a significant increase in occupancy rates during February (80%), September (70%), and December (77.6%), with average rates of 80%, 70%, and 77.6% respectively. This surge can be attributed to the pleasant weather and fewer crowds, making those months an ideal time for so many tourists to visit Coogee Beach.
As a result, this extended period of high demand leads to a significant increase in rental income, with an annual boost of $64,660. The BNB Agency’s effective Airbnb property management can further optimise this yield, transforming your investment property into a profitable short-term accommodation.
With The BNB Agency’s effective Airbnb property management, this yield can be further optimised, transforming your investment property into a profitable short-term
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Unlock the true potential of your property investment in Coogee, Sydney. With The BNB Agency’s comprehensive Airbnb property management services, we ensure you enjoy a stress-free hosting experience while maximising your profits.
How We Increase Your Rental Income Through Airbnb Property Management:
Our expert team, armed with over 20 years of digital marketing expertise, has mastered the intricacies of the Airbnb platform. By leveraging this knowledge, we secure more guest bookings for your property, consistently maintaining the highest booking rate at the most competitive prices in Sydney. As experienced Airbnb hosts ourselves, we have a proven track record of delivering premium guest experiences that lead to better prices and, ultimately, the highest returns for our clients.
Our commitment to providing the best possible service involves taking care of all aspects of short-term rental properties. We offer regular cleaning and maintenance, clean towels, linens, and a well-kept bathroom. Our local teams in Coogee are always ready to deliver outstanding service, ensuring your property is always a high-earning Airbnb.
We understand the crucial role that dynamic pricing and advanced marketing play in maximising your profits. That’s why we focus on effective property marketing and styling to boost your listing’s appeal, drive more bookings, and maximise your profits. Experience hassle-free management and superior returns with The BNB Agency.
We understand the importance of presenting your rental property at its best. That’s why we provide comprehensive management services that leave no stone unturned. From Airbnb cleaning to professional photography and diligent property maintenance, we handle everything to ensure your Coogee property is always ready to welcome guests.
If the thought of Airbnb hosting responsibilities has been holding you back, consider The BNB Agency. We are here to help you convert your traditional rental property into a high-earning Airbnb. It’s time to level up your rental property and earn with The BNB Agency.
Absolutely. With the right strata permissions, your investment property can be a lucrative Airbnb. The BNB Agency can convert your property into a high-return investment, significantly boosting your yearly returns. We handle everything, from marketing and Airbnb management to maintenance and repairs. So yes, your Coogee investment property could be a profitable Airbnb venture.
Our comprehensive Airbnb management services include strategic marketing to attract guests, efficient handling of all Airbnb operations, professional styling to enhance your property’s appeal, meticulous selection of furnishings for a comfortable ambience, and strict cleaning and maintenance to ensure your property is always in top condition. We simplify property management, helping you maximise your property investment return.
Indeed, you can list multiple short-term rentals with The BNB Agency. Our services are not limited to just one Airbnb property. We’re happy to manage multiple properties, believing that doing so can further maximise your returns. Whether you have one or many Airbnb properties in Sydney, we’re equipped to help you optimise your potential.
If you’re an Airbnb host looking to outsource the management process, reach out to us by filling out the form above or calling us at 1300 070 943. We’re here to assist you!
While Airbnb is a leading platform in the short-term rental market, other platforms are worth considering. These include Vrbo, Booking.com, Expedia, and Vacasa. Additionally, Homestay.com, Atraveo, and Agoda Homes offer unique features and cater to different host needs. The choice of platform depends on your specific requirements and target audience.
Switching from Airbnb hosting to using Airbnb management services like The BNB Agency can simplify your responsibilities and make the process more efficient. Our experienced team knows how to grow your business by strategically marketing your property. We use optimised listings, professional photos, and sleek designs to attract potential guests and maximise bookings. With The BNB Agency, you can reap the benefits of a successful rental business without the daily operational stress.
Deciding between Airbnb hosting and long-term rentals depends on your goals. Long-term rentals provide stable income and financial security, while Airbnb can increase your annual income significantly with higher rates and flexibility. However, effective Airbnb property management is key to success. Services like The BNB Agency offer top-notch Airbnb management to maximise profitability and minimise your workload.
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