Sydney

As of May 2026, Sydney, Bondi Beach, Manly, Parramatta have 8,379 active Airbnb and VRBO listings. This represents a 10% decrease from the previous year.

The average Airbnb or VRBO in Sydney generates A$68K per year. High-performing properties earn A$139K/year, while low-performing properties earn A$31K/year. The substantial revenue spread suggests that market rewards are heavily polarized, with top-tier assets capturing significant share despite a contraction in overall supply.

Airbnb and VRBO can be profitable in Sydney. Average annual revenue is A$68K with 51% occupancy. High-performing properties earn up to A$139K/year. The 51% occupancy rate alongside the revenue gap indicates that profitability is highly sensitive to asset positioning within a tightening supply environment.

The average occupancy rate for Airbnbs and VRBOs in Sydney is 51%. This occupancy level, combined with an average nightly rate of A$364, results in a RevPAR (revenue per available room) of A$135 per day.

4+ bedroom properties demonstrate the strongest performance in Sydney, with annual revenue of A$101K. These properties balance operating costs and rental demand most effectively in the Sydney market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Sydney area. Sydney: Moderate. Registration via Planning Portal mandatory, 180-day cap for non-hosted unless exempt. Fire safety standards required. Moderate enforcement with fines for unregistered properties. Bondi Beach: Moderate. Same Sydney rules apply - registration required, 180-day limit, fire compliance. Enforcement moderate but increasing due to housing pressure. Manly: Moderate. Sydney regulations apply - registration mandatory, 180-day cap, safety standards. Council monitors actively in tourist areas. Parramatta: Moderate. Sydney framework applies - registration needed, 180-day limit. Lighter enforcement than coastal areas but compliance checked. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Sydney Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 10% year-over-year, while RevPAR has decreased 2%. This indicates balanced supply-demand dynamics. The synchronized reduction in both metrics points to a market stabilizing after recent shifts, preventing further erosion in unit performance.

Launch around September, 2-3 months before peak winter season (December peaks). This pre-peak timing lets you build reviews when competition is 13% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (July-June) when gaining traction is harder.

The most common amenities in Sydney listings include: Kitchen (97%), Tv (94%), Washing Machine (91%), Air Conditioning (79%), Heating (76%). Amenities that boost revenue the most include Bbq, Pool, Pets Allowed, with Bbq properties earning approximately 40% more (A$109K/year vs A$78K/year).

Monthly estimated revenue per listing in Sydney over the last 12 months: May: A$3K, June: A$2K, July: A$3K, August: A$3K, September: A$3K, October: A$4K, November: A$5K, December: A$6K, 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 Sydney is A$364, up 5% year-over-year. By property size: 1-bedroom properties average A$243/night, 2-bedroom properties average A$389/night, 3-bedroom properties average A$530/night, 4+ bedroom properties average A$766/night. Rates peak in December and are lowest in June.

Guests in Sydney book an average of 34 days in advance, down 13% from last year. By property size: 1-bedroom: 32 days, 2-bedroom: 34 days, 3-bedroom: 36 days, 4+ bedroom: 35 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Sydney Airbnb and VRBO market has seen the following changes: supply declined 10%, revenue per listing decreased 2%, occupancy fell 3%, average nightly rates increased 5%, and lead time decreased 13%. Shorter lead times and higher rates amidst lower supply suggest a shift toward more spontaneous, premium-priced booking behavior.

In Sydney, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Saturday and are lowest on Tuesday. Weekends show 20% higher occupancy than weekdays.