Torquay

As of May 2026, Torquay, Geelong, Lorne have 2,532 active Airbnb and VRBO listings. This represents a 11% decrease from the previous year.

The average Airbnb or VRBO in Torquay generates A$43K per year. High-performing properties earn A$94K/year, while low-performing properties earn A$23K/year. This wide revenue spread indicates that top-tier listings capture disproportionate market share despite an overall contraction in total annual revenue.

Airbnb and VRBO can be profitable in Torquay. Average annual revenue is A$43K with 30% occupancy. High-performing properties earn up to A$94K/year. The 30% occupancy rate highlights a highly selective market where demand is heavily concentrated in a small segment of the inventory.

The average occupancy rate for Airbnbs and VRBOs in Torquay is 30%. This occupancy level, combined with an average nightly rate of A$436, results in a RevPAR (revenue per available room) of A$89 per day.

4+ bedroom properties demonstrate the strongest performance in Torquay, with annual revenue of A$52K. These properties balance operating costs and rental demand most effectively in the Torquay market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Torquay area. Torquay: Moderate. Part of Surf Coast Shire requiring planning permits for non-hosted STR, 60-day cap for unhosted. Enforcement increasing with complaints driving action. Geelong: Moderate. Planning permits required for non-owner-occupied STR in residential zones. Complaint-based enforcement, some hosts operate without permits. Lorne: Moderate. Surf Coast Shire rules apply - planning permit needed, 60-day unhosted cap. Tourist town with many STRs, enforcement via complaints and audits. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Torquay Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 11% year-over-year, while RevPAR has decreased 18%. This indicates balanced supply-demand dynamics. The faster decline in revenue compared to supply suggests that demand is softening more rapidly than the inventory base is shrinking.

Launch around October, 2-3 months before peak winter season (January peaks). This pre-peak timing lets you build reviews when competition is 31% 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 Torquay listings include: Kitchen (97%), Tv (94%), Air Conditioning (92%), Washing Machine (87%), Heating (74%). Amenities that boost revenue the most include Washing Machine, Pool, Tv, with Washing Machine properties earning approximately 38% more (A$81K/year vs A$59K/year).

Monthly estimated revenue per listing in Torquay over the last 12 months: May: A$1K, June: A$2K, July: A$2K, August: A$1K, September: A$2K, October: A$2K, November: A$2K, December: A$5K, January: A$6K, February: A$3K, 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 Torquay is A$436, down 1% year-over-year. By property size: 1-bedroom properties average A$263/night, 2-bedroom properties average A$321/night, 3-bedroom properties average A$428/night, 4+ bedroom properties average A$625/night. Rates peak in January and are lowest in August.

Guests in Torquay book an average of 31 days in advance, down 16% from last year. By property size: 1-bedroom: 29 days, 2-bedroom: 29 days, 3-bedroom: 30 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 Torquay Airbnb and VRBO market has seen the following changes: supply declined 11%, revenue per listing decreased 18%, occupancy fell 13%, average nightly rates decreased 1%, and lead time decreased 16%. These metrics point to a shift toward spontaneous, shorter-term booking patterns amid broader market contraction.

In Torquay, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Friday and are lowest on Wednesday. Weekends show 55% higher occupancy than weekdays.