The Gold Coast, famed for its long sandy beaches, surfing spots, world class restaurants, unique outdoor experiences and thrill filled theme parks is also one of the most exciting growing Airbnb markets in Australia.
South East Queensland is the most visited area of this great country and the potential to succeed with Airbnb in this area could not be higher.
From theme parks to shopping, surfing to hiking in ancient rainforests, here’s how you can help guests fall in love with the Gold Coast region whilst maximising your returns on your rental.
House prices are increasing faster than asking weekly rent with houses up 6.8% vs previous 3 years
As property asking prices have increased, asking rental rates have stagnated, meaning it will be hard to achieve the rental yield you may be looking for
The Brisbane rentals market is experiencing declining long term rental yields - units were up but are now experiencing a downturn, houses are down vs previous year period moment, leaving little room to grow your investment.
With just over 7,000 rentals available and growing Airbnb guests per annum, there is a rental demand rating for of 69/100.
Brisbane is welcoming a record number of visitors, with international and domestic visitors growth outperforming that of the state’s visitor economy! Now is the prime time to ensure you are seen by this strong tourist market.
Brisbane has experienced exponential listings growth from just 2902 rentals in 2016 to over 7000 now. That's a 150% increase!
Gold Coast's Airbnb rentals have tripled in size since Q3 2016, despite the over supply of hotels in the region. With strong demand, here's some stats that highlight the potential of Australia's beach capital. These are just averages, properties with four bedrooms or more, achieved average annual earnings of $72,792!
KingsCoin have decades of in depth property and property management experience, we aren’t new to the scene - we are the scene. Our experience helps provide you a complete all in one Airbnb management solution you can rely on, built from strong foundations in long term property management.
Our mantra is to ‘maximise returns’, this means your property will be booked for more nights at the best prices with overall higher guest satisfaction improving your search listing optimisation, driving more traffic.
You won’t need to lift a finger, we will take care of it all. Your property plus our expertise equals unrivalled potential.
We take care of all of the properties we manage as if they were our own and enjoy seeing the results for you and your family.
Your guests expect impeccably clean properties. Let us help you deliver five star cleaning services for immediate impact on guest satisfaction. Tired of arranging cleaners or even doing the dirty work yourself? Free up your time and boost your income with expert help - win, win!
The secret to Airbnb property success is grounded in an excellent guest satisfaction strategy. The best Airbnb Property Managers on the Gold Coast will know and anticipate your guests to greatly improve your chances of achieving return Airbnb bookings and five-star property reviews.
KingsCoin offer full customer service admin as well as thorough accounting reporting - which you will have 24 hour access to via our online portal. We will also keep you fully informed of all Local Council and State Government laws and regulations affecting your property.
Airbnb Gold Coast property management is now easier than ever.
Taking those figures into account, considering the ongoing tourism growth and rental demand of 59 out of 100 from AirDNA, there is huge potential for home owners to benefit.
KingsCoin lives and breathes property. We will assist you in delivering high value Airbnb hosting services at an affordable all inclusive management rate of 15%.
Rely on our combined experience managing both long and short term rental properties and allow the KingsCoin team to provide expert help in optimising your listing to maximise returns for your Airbnb Gold Coast property.
First step is to say hello, get to know you and your property to fully understand your hosting needs. We will then provide an in-depth property forecast of your income potential with KingsCoin.
It’s an obligation free consultation, where you can make an enquiry without a commitment. If you are action based, and are keen to begin straight away, you can call us now.
Our KingsCoin Gold Coast management team will schedule an onboarding session with you, to include collating the full details and photos of your property in order to fully communicate the charm to guests. Your guests expect transparency, as do we. So once you are signed up we will register ourselves as your professional co-host on your listing.
We will also send a handyman with two key lockboxes to be installed at your home.
Your job is done. Sit back and relax. Our team will maximise your property's potential, looking after your home as if it was our own.
We work constantly to understand what Gold Coast guests are looking for, then optimise and manage your listing for more bookings. We will ensure your listing is competitively priced, account for peak events and consider seasonal rates for maximum returns.
Excellent, fast but thoughtful communication
Fast and reliable check in
Clean and presentable properties
Surprisingly helpful local area instructions
Gift baskets - consider including a selection of local produce or a public transport card
Amenities they weren’t expecting - single use toiletries are a fave amongst guests
Helpful offers of public transport directions or even a lift
“Host responsiveness is the single most important determinant of successful Airbnbs. It has been proven to be the largest influencer of booking conversions, Airbnb search placement and overall listing views. Those who can’t respond to all messages within an hour are advised to sign up for an external service to help manage inquiries.”- Courier Mail article
More experienced hosts increase cleaning fees to cover any instances where a deposit may be required and remove the deposit entirely
Airbnb gives preferential treatment to properties with this feature enabled, meaning more prominence in search results and better performance overall.
Start off with a flexible cancellation policy then change it to strict after receiving at least 10 five star reviews. As cancellations can kill your profitability.
Gaining Airbnb Super Host status is a sought after part of any Airbnb Property Management strategy. Doing so means hard work and commitment to guest satisfaction and host responsiveness particularly.
KingsCoin’s Airbnb Property management team are well versed in what it takes to communicate for Super host success ensuring you swiftly reach this sort after status. However achieving a Super host badge is just step one, from there it's about utilising your earned title to further optimise your listing for more booking success.
The estimated average annual revenue for a property on the Gold Coast is $32,724.
This takes into account the average occupancy rate at 60%, across all properties.
KingsCoin Airbnb hosts frequently experience occupancy at 70-80%.
The Courier Mail reported that for just a spare room on the Gold Coast you could be earning $9,080 per annum on average compared to properties with four bedrooms or more, whose average annual earnings were $72,792 on the Gold Coast.
The highest earning Airbnb on the Gold Coast is a 6 bed Currumbin beach house who reported an annual income of $132,880!
The Gold Coast being a hot tourism destination offers a plethora of hotel options for visitors.
However Airbnb prices on the Gold Coast tend to be less than hotels, perfect for guests seeking more value for their money for their next vacay spot.
Pair that with the fact that more visitors than ever are seeking rentals rather than hotels due to the unique experience to live like a local and you can see why short term rentals are a growing market.
The best time to visit the Gold Coast is between April to May when guests will experience the most comfortable temperatures and lower rainfall.
In saying that the peak times for Gold Coast Airbnb hosts coincides with the summer months of December to February, with average monthly revenues climbing to $3,660 in January.
This is the most popular time for visitors especially international visitors.
Another important time to consider for Airbnb is Easter in either March or April, where there is a significant rise in potential revenue although not as much as the summer months it is a great time to consider seasonal rates for guests.
The Gold Coast's star attraction is its beaches, including the world-renowned over 70km stretch of sand at Surfers Paradise.
Beyond the beaches, discover laid-back neighbourhoods, a booming culinary scene and the Gold Coast's famous theme parks such as Dreamworld, Sea World and Wet’n’Wild.
It’s also home to a subtropical hinterland welcoming visitors with hiking trails through Lamington National Park’s mountain ridges, valleys and waterfalls home to rare birds and rainforest.
Guests will love beach hopping along the coastline, getting your thrills at world-class theme parks or swimming beneath waterfalls.
Gold Coast events play a pivotal role in ensuring the continued image as an incredibly liveable, lux beach lifestyle destination whilst providing benefits to Airbnb hosts who are attuned to pricing seasonality.
The Gold Coast attracts major world class events to the city and has earned a reputation as a global events destination.
Major events Airbnb hosts can benefit from include;