BNBCalc Short Term Rental Investment Analysis 183 City Rd 263, Southbank, VIC, 3006

2 bed • 2 bath • 1 guests • A$574,000

BNB

Calc

Annual Revenue

A$97,741

Profit (Cash Flow)

A$24,596

Cap Rate

11.0%

Annual Revenue

A$97,741

AirDNA projects A$286/night at 67% occupancy ($69,931). Airbtics projects A$264/night at 73% occupancy ($70,267). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 86% occupancy rate, A$311 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Percentiles	25%	50%	75%	90%
Revenue	A$43,565	A$70,459	A$102,227	A$124,431
Occupancy	63%	81%	86%	89%
Nightly Rate	A$181	A$229	A$311	A$365

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Luxury 2BD 1BTH Lvl 44 near CrownCasino WIFI - POOL	A$47,530	A$146	88%	2	1	2	A$162	✅	❌	❌	Y / Y	⭐️ 4.8 (283)
Stylish Apartment with Ocean and City Views	A$87,672	A$276	85%	2	1	2	A$83	✅	❌	❌	Y / Y	⭐️ 5 (97)
Immaculate Flat Embracing Views-Pool,Gym&Parking	A$51,426	A$183	73%	2	1	2	A$156	✅	❌	❌	Y / Y	⭐️ 4.8 (300)
Luxurious Central CBD Melbourne Home	A$110,424	A$338	89%	2	1	1	A$90	✅	❌	❌	Y / Y	⭐️ 5 (82)
A Cozy 2BR Apt with Yarra Views, FREE Parking	A$94,877	A$284	86%	2	1	1	A$175	✅	❌	❌	Y / Y	⭐️ 4.5 (37)
Nordic Contemporary Retreat with Pool & Balcony	A$82,485	A$348	63%	2	1	2	A$154	✅	❌	❌	Y / Y	⭐️ 4.5 (71)
Stunning View 2BR Apt w/ Pool & Gym Southbank L24	A$103,172	A$368	72%	2	1	1	A$321	✅	❌	✅	Y / Y	⭐️ 4.7 (5)
Fantastic Urban Oasis (2BR1B+Parking+View+WWS@GF)	A$59,014	A$186	82%	2	1	1	A$156	❌	❌	❌	Y / Y	⭐️ 4.9 (43)
Entire Unit in Front of Crown w/Free Parking\|Pool	A$41,703	A$191	52%	2	1	2	A$156	✅	❌	❌	Y / Y	⭐️ 5 (49)
Modern Sky-High Retreat near Crown Casino	A$93,967	A$321	78%	2	1	1	A$62	✅	❌	❌	Y / Y	⭐️ 4.8 (34)
Stunning Ocean view 2B Southbank	A$46,169	A$143	82%	2	1	1	A$143	✅	✅	❌	Y / Y	⭐️ 4.4 (27)
Anya - Spacious Resort Melbourne Apartment.	A$78,543	A$229	91%	2	1	1	A$140	✅	❌	❌	Y / Y	⭐️ 4.9 (27)
2BR home with FREE Parking & WiFi in Southbank	A$69,888	A$219	87%	2	1	3	A$62	✅	✅	❌	Y / Y	⭐️ 5 (133)
Spacious Apartment in Southbank Sleeps 6	A$65,895	A$206	84%	2	1	1	A$135	✅	❌	❌	Y / Y	⭐️ 4.8 (32)
Luxury Prima - Opposite Casino + Sky Lounge Pool	A$87,672	A$283	83%	2	1	2	A$227	✅	✅	❌	Y / Y	⭐️ 4.9 (193)
Luxury Prima 2 Bed Apt City View - Free Carpark	A$48,265	A$303	41%	2	1	2	A$227	✅	✅	❌	Y / Y	⭐️ 4.8 (67)
A Modern & Spacious 2BR Apt, City Views, Southbank	A$56,644	A$176	81%	2	1	1	A$175	❌	❌	❌	Y / Y	⭐️ 4.5 (32)
A Stylish 2BR Apt with City Views in Southbank	A$61,212	A$171	89%	2	1	1	A$171	❌	❌	❌	Y / Y	⭐️ 4.4 (36)
An Amazing 2BR Apt with City Views in Southbank	A$152,462	A$430	94%	2	1	1	A$176	❌	❌	❌	Y / Y	⭐️ 4.6 (29)
Scarlette - Lifestyle! WiFi Gym Pool Parking Sauna	A$89,536	A$244	96%	2	1	2	A$144	✅	❌	❌	Y / Y	⭐️ 4.8 (398)
Leisure 2BR1BA Apt southbank+ Free parking+Pool	A$68,292	A$229	79%	2	1	2	A$156	✅	❌	❌	Y / Y	⭐️ 4.8 (38)
City View 2 Bedroom Apartment in Southbank	A$97,629	A$308	83%	2	1	2	A$156	❌	❌	❌	Y / Y	⭐️ 5 (29)
Cozy 2 Bedroom Apartment in Southbank	A$130,026	A$833	42%	2	1	3	A$52	❌	❌	❌	Y / N	⭐️ 5 (1)
Ana -Spacious Home with a Mid-Century Modern Feel	A$50,954	A$156	86%	2	1	5	A$140	✅	❌	❌	Y / Y	⭐️ 5 (61)
Stunning 2-Bedroom Oasis in the Heart of Southbank	A$57,703	A$225	63%	2	1	2	A$224	❌	❌	❌	Y / Y	⭐️ 4.2 (13)
Southbank home Ocean View 2B Apt Free Wifi	A$38,109	A$146	69%	2	1	1	A$143	✅	❌	❌	Y / Y	⭐️ 4.7 (95)
Central Southbank Apt w/ Balcony, Pool & Parking	A$58,260	A$164	86%	2	1	1	A$230	✅	❌	❌	Y / Y	⭐️ 4.7 (25)
Fantastic Views at Luxury Prima Pearl Tower	A$65,207	A$210	81%	2	1	1	A$176	✅	✅	❌	Y / Y	⭐️ 4.9 (36)
Highrise Unit w/ Yarra Views \| NEAR Crown Casino	A$49,936	A$349	38%	2	1	3	A$156	❌	❌	❌	Y / Y	⭐️ 4.7 (99)
City Living in Southbank & Crown with Car Bay 皇冠赌场	A$60,608	A$192	80%	2	1	1	A$173	✅	❌	❌	Y / Y	⭐️ 4.1 (42)
Prima Tower level 35 with Balcony	A$50,348	A$270	47%	2	1	3	A$170	✅	✅	❌	Y / Y	⭐️ 4.7 (20)
Lavish Southbank apartment with free parking	A$46,386	A$151	82%	2	1	2	A$146	✅	❌	❌	Y / Y	⭐️ 4.9 (32)
Sensational 2BD 1BTH Lvl 34 near Crown Casino WIFI	A$46,825	A$141	88%	2	1	2	A$171	❌	❌	❌	Y / Y	⭐️ 4.7 (271)
Modern 2-Bedroom Pad with Pool in Trendy Southbank	A$47,941	A$210	59%	2	1	4	A$164	✅	❌	❌	Y / Y	⭐️ 4.8 (11)
Southbank Hideaway on the Yarra with Huge Terrace	A$69,661	A$235	80%	2	1	2	A$156	❌	❌	❌	Y / Y	⭐️ 4.7 (103)
Highly Rated - 2 Bedroom - Free Parking	A$122,953	A$365	92%	2	1	3	A$0	✅	❌	✅	Y / Y	⭐️ 5 (76)
Southbank modern apartment	A$80,682	A$349	60%	2	1	1	A$208	✅	❌	❌	Y / N	⭐️ 3 (2)
Panoramic Skyline Haven With Sweeping City Views	A$103,672	A$308	86%	2	1	2	A$254	✅	❌	❌	Y / Y	⭐️ 4.9 (48)

Return Metrics

17.28% cash on cash return is a great return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	A$24,596	A$49,192	A$73,789	A$98,385	A$122,982	A$245,964	A$737,893
Revenue Appreciation	A$0	A$0	A$0	A$0	A$0	A$0	A$0
Home Equity	A$459,200	A$459,200	A$459,200	A$459,200	A$459,200	A$459,200	A$459,200
Down Payment	A$114,800	A$114,800	A$114,800	A$114,800	A$114,800	A$114,800	A$114,800
Property Appreciation	A$17,220	A$34,956	A$53,225	A$72,042	A$91,423	A$197,408	A$819,248
Total Return	A$615,816	A$658,149	A$701,014	A$744,427	A$788,405	A$1,017,372	A$2,131,142

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

17.28%

Cap Rate

11.03%

Return on Investment

33.33%

183 City Rd Southbank, Victoria, 3006

2 bed • 2 bath • 1 guests

Purchase Price

103

Airbnb Investor Score

A$24,596

Annual Profit

11.0%

Cap Rate

17.3%

Cash on Cash

A$97,741

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is A$286/night at 67% occupancy.Projected nightly rate is A$264/night at 73% occupancy.

Occupancy Rate

Top 31% of comparables

Avg Daily Rate

Top 28% of comparables

Seasonality

40 Airbnb Comparables

Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.

A$70,801

Avg annual revenue

73%

Avg occupancy rate

A$264

Avg nightly rate

🏊‍♂️ Pool

🛁 Hot tub

🐶 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

A$20k

A$60k

A$105k

A$155k

A$24,596

Profit

Revenue

A$97,741

Operating Expenses

A$34,425

Operating Income

A$63,317

Mortgage & Taxes

A$38,720

Profit (Cash Flow)

A$24,596

A$142,339

Cash Investment

Down Payment

A$114,800

Renos & Furnishing

A$10,319

Closing Costs

A$17,220

Total

A$142,339

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

17.28%

Cap Rate

11.03%

Return on Investment

33.33%