Overstrand Municipality

As of May 2026, Hermanus, Gansbaai, Betty's Bay have 1,814 active Airbnb and VRBO listings. This represents a 7% decrease from the previous year.

The average Airbnb or VRBO in Overstrand Municipality generates R285K per year. High-performing properties earn R863K/year, while low-performing properties earn R117K/year. This significant variance suggests that revenue potential is heavily polarized, with top-tier assets capturing a disproportionate share of market earnings despite a contraction in overall supply.

Airbnb and VRBO can be profitable in Overstrand Municipality. Average annual revenue is R285K with 30% occupancy. High-performing properties earn up to R863K/year. The 30% occupancy baseline indicates a market where consistent demand is concentrated, rewarding properties that effectively capture premium positioning over average listings.

The average occupancy rate for Airbnbs and VRBOs in Overstrand Municipality is 30%. This occupancy level, combined with an average nightly rate of R3K, results in a RevPAR (revenue per available room) of R612 per day.

4+ bedroom properties demonstrate the strongest performance in Overstrand Municipality, with annual revenue of R470K. These properties balance operating costs and rental demand most effectively in the Overstrand Municipality market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Overstrand Municipality area. Hermanus: Lenient. No specific STR regulations, general business license may apply. Minimal enforcement, many operate informally. Gansbaai: Lenient. No dedicated STR permit system, tourism registration encouraged. Light enforcement, hosts operate freely. Betty's Bay: Lenient. No formal STR requirements, falls under Overstrand municipal area with minimal regulations. Virtually no enforcement, widespread informal operations. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Overstrand Municipality Airbnb and VRBO market is currently showing balanced with strong demand conditions. Supply has declined 7% year-over-year, while RevPAR has increased 5%. This indicates healthy demand growth outpacing supply, creating a tighter market environment that favors existing operators as competition for available units eases.

Launch around September, 2-3 months before peak winter season (December peaks). This pre-peak timing lets you build reviews when competition is -11% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (May-June) when gaining traction is harder.

The most common amenities in Overstrand Municipality listings include: Kitchen (98%), Tv (83%), Bbq (78%), Balcony (69%), Washing Machine (64%). Amenities that boost revenue the most include Washing Machine, Pool, Gym, with Washing Machine properties earning approximately 93% more (R662K/year vs R343K/year).

Monthly estimated revenue per listing in Overstrand Municipality over the last 12 months: May: R11K, June: R9K, July: R12K, August: R11K, September: R15K, October: R18K, November: R16K, December: R34K, January: R26K, February: R20K, March: R25K, April: R27K. 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 Overstrand Municipality is R3K, up 26% year-over-year. By property size: 1-bedroom properties average R1K/night, 2-bedroom properties average R2K/night, 3-bedroom properties average R3K/night, 4+ bedroom properties average R5K/night. Rates peak in December and are lowest in June.

Guests in Overstrand Municipality book an average of 33 days in advance, down 17% from last year. By property size: 1-bedroom: 29 days, 2-bedroom: 32 days, 3-bedroom: 33 days, 4+ bedroom: 38 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Overstrand Municipality Airbnb and VRBO market has seen the following changes: supply declined 7%, revenue per listing increased 5%, occupancy fell 13%, average nightly rates increased 26%, and lead time decreased 17%. These shifts point to a premium-focused market where rising rates are compensating for lower volume, reflecting changing traveler booking behaviors.

In Overstrand Municipality, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 40% higher occupancy than weekdays.