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Short term rental market

Australia’s Property Crisis – Is the short term rental market to blame?

You may have seen recent stories in the media about the short-term rental market, and its perceived influence on a shortage of rental properties in some areas. In this video, we take a look at this perception and compare it to the reality, and more importantly, the data. If you’ve enjoyed this video then you might like to subscribe to our YouTube channel, or browse through our latest videos. If you’d like entirely independent and unbiased advice that’s right for your unique situation and goals, then get in touch with us today. Read the transcript I’m Kate Hill bringing you the best […]

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The role of short term rentals in Australia's property crisis

The Role of Short-Term Rentals in Australia’s Property Crisis

Australia’s property market is facing unprecedented challenges, with housing affordability deteriorating and rental availability shrinking. The Australian Bureau of Statistics (ABS) reported that the national average new mortgage size reached a record high of $624,383 in December 2023. Concurrently, national rent averages soared to $600 per week in the June quarter, with capital cities averaging $640 and regional areas $540. These alarming figures are compounded by a critically low rental vacancy rate of 1.4%, down from the pre-pandemic norm of 2.5%. In this context, the role of short-term rental companies like Airbnb has come under scrutiny. Critics argue that these

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Is Airbnb all it's cracked up to be for investors?

Is Airbnb all it’s cracked up to be for investors?

Airbnb have been accused of being one of the main culprits for our rental market mess, because many more investors are supposedly choosing short-term tenants over long-term ones. As I have written about many times before, though, the rental crisis was nearly a decade in the making and came to be because of a plethora of poor policy decisions that stuffed up the demand and supply equilibrium of rental properties around the nation. But is Airbnb really a better financial option for property investors? Let’s take a look to find out. Cash flow considerations Most of us have no doubt

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