Bendigo

As of May 2026, Bendigo, Castlemaine, Echuca have 1,764 active Airbnb and VRBO listings. This represents a 9% decrease from the previous year.

The average Airbnb or VRBO in Bendigo generates A$51K per year. High-performing properties earn A$90K/year, while low-performing properties earn A$22K/year. The substantial revenue spread suggests that market performance is heavily bifurcated, where top-tier listings capture disproportionate demand despite the overall 9% contraction in total market supply.

Airbnb and VRBO can be profitable in Bendigo. Average annual revenue is A$51K with 35% occupancy. High-performing properties earn up to A$90K/year. This occupancy level, paired with the revenue ceiling, highlights a challenging environment where profitability relies on achieving premium positioning to outperform the current market-wide revenue decline.

The average occupancy rate for Airbnbs and VRBOs in Bendigo is 35%. This occupancy level, combined with an average nightly rate of A$353, results in a RevPAR (revenue per available room) of A$102 per day.

4+ bedroom properties demonstrate the strongest performance in Bendigo, with annual revenue of A$73K. These properties balance operating costs and rental demand most effectively in the Bendigo market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Bendigo area. Bendigo: Lenient. No specific STR permits required, general planning/zoning rules apply. Minimal enforcement, hosts operate freely. Castlemaine: Lenient. Part of Mount Alexander Shire, no dedicated STR regulations. Standard planning provisions only. Light enforcement. Echuca: Lenient. No STR-specific licensing or permits. Must comply with general zoning. Minimal active enforcement, market operates openly. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Bendigo Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 9% year-over-year, while RevPAR has decreased 13%. This indicates balanced supply-demand dynamics. The synchronized reduction in supply and revenue metrics suggests a market-wide correction rather than an oversupply issue, reflecting constrained consumer spending rather than oversaturation.

Launch around January, 2-3 months before peak winter season (April peaks). This pre-peak timing lets you build reviews when competition is -8% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (August-May) when gaining traction is harder.

The most common amenities in Bendigo listings include: Air Conditioning (93%), Tv (92%), Kitchen (89%), Heating (71%), Washing Machine (69%). Amenities that boost revenue the most include Pool, Lake Access, Hot Tub, with Pool properties earning approximately 22% more (A$71K/year vs A$59K/year).

Monthly estimated revenue per listing in Bendigo over the last 12 months: May: A$2K, June: A$3K, July: A$3K, August: A$3K, September: A$3K, October: A$3K, November: A$3K, December: A$3K, January: A$3K, February: A$2K, March: A$3K, April: A$4K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Bendigo is A$353, up 7% year-over-year. By property size: 1-bedroom properties average A$256/night, 2-bedroom properties average A$296/night, 3-bedroom properties average A$364/night, 4+ bedroom properties average A$638/night. Rates peak in April and are lowest in May.

Guests in Bendigo book an average of 32 days in advance, down 17% from last year. By property size: 1-bedroom: 29 days, 2-bedroom: 32 days, 3-bedroom: 32 days, 4+ bedroom: 39 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Bendigo Airbnb and VRBO market has seen the following changes: supply declined 9%, revenue per listing decreased 13%, occupancy fell 14%, average nightly rates increased 7%, and lead time decreased 17%. These shifts point toward a transition into a shorter-booking-window market where higher nightly pricing is failing to offset declining occupancy.

In Bendigo, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Wednesday. Weekends show 77% higher occupancy than weekdays.