Coles Bay

As of June 2026, Coles Bay, Freycinet, Bicheno, Swansea have 681 active Airbnb and VRBO listings. This represents a 6% decrease from the previous year.

The average Airbnb or VRBO in Coles Bay generates A$53K per year. High-performing properties earn A$96K/year, while low-performing properties earn A$28K/year. Supply contraction combined with flat revenue suggests tightening inventory isn't translating to pricing power, indicating a demand-constrained market where the substantial performance gap reflects meaningful differentiation among listings rather than broad-based growth opportunity.

Airbnb and VRBO can be profitable in Coles bay. Average annual revenue is A$53K with 44% occupancy. High-performing properties earn up to A$96K/year. Declining supply and flat revenue suggest a maturing market with modest growth potential, while the significant gap between average and high performers indicates meaningful performance variation driven by property-level factors.

The average occupancy rate for Airbnbs and VRBOs in Coles bay is 44%. This occupancy level, combined with an average nightly rate of A$315, results in a RevPAR (revenue per available room) of A$104 per day.

4+ bedroom properties demonstrate the strongest performance in Coles bay, with annual revenue of A$61K. These properties balance operating costs and rental demand most effectively in the Coles bay market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Coles bay area. Coles Bay/Freycinet: Lenient. No specific STR regulations, general planning rules apply. Minimal enforcement, high STR activity. Bicheno: Lenient. No dedicated STR permits required, standard business registration. Light enforcement, many active rentals. Swansea: Lenient. Basic planning compliance needed, no STR-specific licenses. Minimal enforcement, operators function freely. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Coles bay Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 6% year-over-year, while RevPAR has decreased 7%. This indicates balanced supply-demand dynamics. The significant gap between average revenue ($53,318) and high-performing properties ($95,746) suggests market performance is increasingly differentiated, while the 44% occupancy rate reflects moderate but not constrained demand conditions.

Launch around October, 2-3 months before peak winter season (January peaks). This pre-peak timing lets you build reviews when competition is 35% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (June-August) when gaining traction is harder.

The most common amenities in Coles bay listings include: Kitchen (92%), Tv (89%), Air Conditioning (77%), Washing Machine (75%), Balcony (70%). Amenities that boost revenue the most include Hot Tub, Gym, Pool, with Hot Tub properties earning approximately 41% more (A$78K/year vs A$56K/year).

Monthly estimated revenue per listing in Coles bay over the last 12 months: May: A$2K, June: A$2K, July: A$2K, August: A$2K, September: A$2K, October: A$3K, November: A$3K, December: A$3K, January: A$5K, February: A$5K, March: A$5K, 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 Coles bay is A$315, up 5% year-over-year. By property size: 1-bedroom properties average A$263/night, 2-bedroom properties average A$289/night, 3-bedroom properties average A$339/night, 4+ bedroom properties average A$427/night. Rates peak in January and are lowest in May.

Guests in Coles bay book an average of 41 days in advance, down 17% from last year. By property size: 1-bedroom: 38 days, 2-bedroom: 41 days, 3-bedroom: 41 days, 4+ bedroom: 45 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Coles Bay Airbnb and VRBO market has seen the following changes: supply declined 6%, revenue per listing decreased 7%, occupancy fell 4%, average nightly rates increased 5%, and lead time decreased 17%. The declining occupancy despite rate increases suggests weakening demand relative to supply, while the substantial gap between average ($53,318) and high-performing listings ($95,746) indicates significant performance variance driven by property differentiation rather than market-wide strength.

In Coles bay, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Wednesday. Weekends show 18% higher occupancy than weekdays.