Devonport

As of May 2026, Devonport, Launceston, Burnie have 406 active Airbnb and VRBO listings. This represents a 12% decrease from the previous year.

The average Airbnb or VRBO in Devonport generates A$39K per year. High-performing properties earn A$66K/year, while low-performing properties earn A$21K/year. The substantial revenue spread suggests that market performance is heavily bifurcated, where top-tier listings capture a disproportionate share of demand despite the overall 12% contraction in available supply.

Airbnb and VRBO can be profitable in Devonport. Average annual revenue is A$39K with 46% occupancy. High-performing properties earn up to A$66K/year. Current occupancy levels relative to declining supply indicate that existing inventory is absorbing residual demand, though revenue compression suggests a tightening of consumer spending power.

The average occupancy rate for Airbnbs and VRBOs in Devonport is 46%. This occupancy level, combined with an average nightly rate of A$241, results in a RevPAR (revenue per available room) of A$73 per day.

4+ bedroom properties demonstrate the strongest performance in Devonport, with annual revenue of A$59K. These properties balance operating costs and rental demand most effectively in the Devonport market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Devonport area. Devonport: Lenient. No specific STR regulations beyond general planning laws. Must comply with zoning. Minimal enforcement, hosts operate freely. Launceston: Lenient. No dedicated STR permit system. Standard planning/building compliance required. Light enforcement, market operates with minimal oversight. Burnie: Lenient. No specific STR licensing requirements. General land use regulations apply. Minimal enforcement, hosts self-regulate through platforms. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Devonport Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 12% year-over-year, while RevPAR has decreased 5%. This indicates balanced supply-demand dynamics. The synchronized drop in both metrics points to a market adjustment where capacity is exiting at a rate slightly faster than the erosion in total revenue.

Launch around December, 2-3 months before peak winter season (March peaks). This pre-peak timing lets you build reviews when competition is -12% 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 Devonport listings include: Kitchen (97%), Tv (94%), Washing Machine (85%), Heating (85%), Air Conditioning (76%). Amenities that boost revenue the most include Hot Tub, Washing Machine, Bbq, with Hot Tub properties earning approximately 54% more (A$69K/year vs A$45K/year).

Monthly estimated revenue per listing in Devonport over the last 12 months: May: A$2K, June: A$2K, July: A$2K, August: A$1K, September: A$2K, October: A$2K, November: A$2K, December: A$2K, January: A$3K, February: A$3K, March: A$3K, April: A$3K. 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 Devonport is A$241, up 12% year-over-year. By property size: 1-bedroom properties average A$195/night, 2-bedroom properties average A$234/night, 3-bedroom properties average A$267/night, 4+ bedroom properties average A$359/night. Rates peak in March and are lowest in May.

Guests in Devonport book an average of 36 days in advance, down 21% from last year. By property size: 1-bedroom: 34 days, 2-bedroom: 37 days, 3-bedroom: 36 days, 4+ bedroom: 40 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Devonport Airbnb and VRBO market has seen the following changes: supply declined 12%, revenue per listing decreased 5%, occupancy fell 7%, average nightly rates increased 12%, and lead time decreased 21%. These shifts highlight a transition toward shorter-notice bookings and higher pricing sensitivity, as providers attempt to offset reduced occupancy through increased daily rates.

In Devonport, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Saturday and are lowest on Wednesday. Weekends show 15% higher occupancy than weekdays.