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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 Airbnb.
Gold Coast houses property asking prices are up 19.6% over the last 3 year period whilst units are stagnant with not even a 1% increase in the last 3 years.
(As of July 2019, from SQM research)
As property asking prices have increased, asking rental rates have declined, with houses down nearly 10% in the last year alone. Making it hard to achieve the rental yield you may be looking for.
(As of July 2019, from SQM research)
The Gold Coast market is experiencing a major downturn in rental yields as a consequence of rising house prices and stagnant rental rates.
(As of July 2019, from SQM research)
With just over 8,000 rentals available and growing Airbnb guests per annum, the demand is starting to grow for this type of rental, however beating the plethora of hotel offerings in this region will take expert help.
The Gold Coast is welcoming a record number of visitors, with international visitors soaring to an all-time-high. Data from Tourism Research Australia shows although hotels reign supreme for accommodation preferences, rented apartments are steadily growing year on year as a preference.
(Source TRA, as of July 2019)
Gold Coast has experienced exponential listings growth from just 406 rentals in 2016 to over 8167 now. That's almost a 2000% increase!
Instantly find out what your property could earn you belowCalculate Potential Now
Your Airbnb guests expect impeccably clean properties. Let us help you deliver five star cleaning, laundry and welcoming services for immediate impact on your guest satisfaction. If you're tired of arranging cleaners or even doing the dirty work yourself, then let us free up your time, whilst helping you make more income - win, win!
The best Airbnb Property Managers on the Gold Coast know every five star review starts with the guests happiness.
Knowing and anticipating the types of guests in your area will greatly improve your chances of achieving return Airbnb bookings and five-star property reviews. Both of which will improve your search ranking and maximise your investment.
Help is here for the often time consuming administration that is required with Airbnb rentals.
KingsCoin offer full customer service admin as well as thorough accounting reporting.
We will also keep you fully informed of all State Government laws and regulations affecting your property.
Having over 100 years of experience in property amongst us we've got you covered.
The access was outstanding and KingsCoin was super on to it with messaging and the check in side of things. I felt so relaxed at this house. It is clean, neat and well organized.
I recommend to anybody looking for a place in Adelaide. Thanks Matt for the attention and fast response to our requests. Cheers and looking forward to next year.
This is the nicest Airbnb I've ever stayed in. Simple check in/out, great communication, and helpful tips. I have absolutely nothing bad to say about the place or experience.
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.
First step is to say hello, get to know you and your property to fully understand your hosting needs. Fill in your details to book a call at a time that is most convenient for you.
We will then phone you to provide an in-depth property forecast of your income potential with KingsCoin.
It’s an obligation free call, where you can make an enquiry without a commitment. Alternatively, if you are keen to begin straight away, you can call us now.
Our KingsCoin 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 Airbnb guests.
Your Airbnb 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 may also send a handyman with two lockboxes to be installed close to your home.
Your job is done. Sit back, relax and let our Gold Coast team maximise your property's potential. We offer a complete management service of your property. Looking after your home as if it was our own.
We work constantly to understand what guests up and down the Gold Coast are looking for to optimise and manage your listing for more bookings.
We will ensure your listing is competitively priced and account for peak events and seasonal rates for maximum returns.
Gaining Super Host status is a sort 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.
Remove security deposits - the more experienced hosts increase cleaning fees to cover any instances where a deposit may be required and remove the deposit entirely
Enable Instant Book - Airbnb gives preferential treatment to properties with this feature enabled, meaning more prominence in search results and better performance overall.
Strict Cancellation policy - start off with a flexible cancellation policy then change it to strict after receiving at least 10 - 5 star reviews. As cancellations can kill your profitability.
“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
Taking those figures into account and considering the ongoing tourism growth, there is huge potential for home owners to benefit.
Gold Coast Airbnb property management is now easier than ever.
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%.
The estimated average annual revenue for a property in Adelaide is $24,492.
This takes into account the average occupancy rate at 53%, 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 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;
Magic Millions Carnival - January.
An intensive week of racehorse sales, attracting the who’s who of the racing industry to the Gold Coast Turf Club.
Australian Surf Life Saving Championships - Mar/Apr
An annual event where members from Australia’s 314 Surf Clubs come together to compete in more than 400 beach and ocean events. It is the largest event of its kind
Quiksilver Pro & Boost Mobile Pro Snapper Rocks - April
This is the first stop on the World Surf League Championship Tour where you can watch world-class surfing on world-class waves at world famous Snapper Rocks.
Blues on Broadbeach Music Festival | Broadbeach | May
Blues on Broadbeach is one of Australia’s largest free music festivals sure to draw a crowd.
TV Week Logie Awards, Broadbeach, June
The TV Week Logie Awards (the Logies) are an annual event celebrating Australian television.
Gold Coast Marathon, July
Attracting over 27,000 participants to the region, this is Australia’s premier road race. Considered one of the flattest and fastest courses in the world.
Gold Coast 600, Surfers Paradise, October
GC600 is the premier motorsport category in Australasia and one of Australia’s biggest sports.
We'd love to hear from you and provide a no obligation property forecast