Colac

As of May 2026, Colac has 855 active Airbnb and VRBO listings. This represents a 5% decrease from the previous year.

The average Airbnb or VRBO in Colac generates A$42K per year. High-performing properties earn A$83K/year, while low-performing properties earn A$22K/year. The nearly fourfold revenue spread suggests that market performance is heavily bifurcated, indicating that top-tier assets capture a disproportionate share of limited demand despite a recent contraction in overall revenue.

Airbnb and VRBO can be profitable in Colac. Average annual revenue is A$42K with 31% occupancy. High-performing properties earn up to A$83K/year. With supply decreasing annually, the gap between average and top-tier earners highlights a market where occupancy constraints limit average returns while premium properties successfully leverage existing demand.

The average occupancy rate for Airbnbs and VRBOs in Colac is 31%. This occupancy level, combined with an average nightly rate of A$362, results in a RevPAR (revenue per available room) of A$91 per day.

4+ bedroom properties demonstrate the strongest performance in Colac, with annual revenue of A$56K. These properties balance operating costs and rental demand most effectively in the Colac market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Colac area. I don't have sufficient verified information about short-term rental regulations specific to Colac to provide an accurate summary. Colac could refer to multiple locations (Colac, Victoria, Australia being most common), and without confirmed current regulations and enforcement data for the specific jurisdiction you're asking about, I cannot reliably classify it as Strict, Moderate, or Lenient. Could you clarify which Colac you're referring to, or provide additional context? Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Colac Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 5% year-over-year, while RevPAR has decreased 16%. This indicates balanced supply-demand dynamics. The drop in RevPAR despite lower supply points to softening market-wide demand, suggesting that even with less competition, current listings face downward pressure on pricing power.

Launch around October, 2-3 months before peak winter season (January peaks). This pre-peak timing lets you build reviews when competition is 26% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (May-August) when gaining traction is harder.

The most common amenities in Colac listings include: Kitchen (96%), Tv (89%), Air Conditioning (89%), Heating (76%), Balcony (74%). Amenities that boost revenue the most include Gym, Hot Tub, Air Conditioning, with Gym properties earning approximately 21% more (A$70K/year vs A$57K/year).

Monthly estimated revenue per listing in Colac over the last 12 months: May: A$2K, June: A$2K, July: A$2K, August: A$2K, September: A$2K, October: A$2K, November: A$3K, December: A$5K, January: A$6K, 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 Colac is A$362, up 3% year-over-year. By property size: 1-bedroom properties average A$270/night, 2-bedroom properties average A$307/night, 3-bedroom properties average A$376/night, 4+ bedroom properties average A$558/night. Rates peak in January and are lowest in July.

Guests in Colac book an average of 32 days in advance, down 17% from last year. By property size: 1-bedroom: 28 days, 2-bedroom: 31 days, 3-bedroom: 32 days, 4+ bedroom: 41 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Colac Airbnb and VRBO market has seen the following changes: supply declined 5%, revenue per listing decreased 16%, occupancy fell 16%, average nightly rates increased 3%, and lead time decreased 17%. These shifts reveal a tightening environment where shorter booking windows and lower occupancy indicate reduced guest visibility, offsetting the gains from higher nightly rates.

In Colac, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Tuesday. Weekends show 56% higher occupancy than weekdays.