Maximise your rental returns in Melbourne
Melbourne is the metropolitan centre of Australia host to world class dining, shopping, sporting venues and events, theatre, live music, rooftop bars, laneways, markets and street art that showcases its uniqueness. Frequently voted as the most liveable city in the world. It's no wonder than that is it also host to the most loved Airbnb market of Australia.
Your guests will love the indescribable feeling of living like a local in such a wonderfully diverse and interesting city.
They will relish the easy access to many getaways spots for a quiet weekend away at Phillip Island National Park, Mornington Peninsula, Yarra River or the ski fields in Mt Buller and Mt Hotham in the Victorian Alps.
Here's how we will ensure your property becomes a superstar within this stellar market with our Melbourne Airbnb property management services.
Melbourne Airbnb Market Success Factors
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Increasing asking sale prices
Melbourne homes are experiencing an increase in property asking house prices meaning higher deposits and mortgages are required.
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Stagnating asking rental rates
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
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Dip in rental yields
The Melbourne rentals market was experiencing a slight upturn in yield until the last 12 month period where it has taken a downturn, due to rising house prices and stagnant rental rates.
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Strong demand
With over 20,000 rentals available and growing Airbnb guests per annum, there is stronger demand than ever before for this type of rental, reflected in the rental demand rating of 72/100!
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Booming tourism destination
Melbourne is one of the most visited cities in Australia, second only to Sydney. International and domestic guest numbers are up, whilst the % of those who choose rented apartments during their stay over hotels is growing.
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Increasing Growth for Airbnb platform
Melbourne has more than doubled it's Airbnb listings since 2016. Driven by demand this growth shows no sign of slowing.
Ready to succeed with your Airbnb in Melbourne?
Instantly find out what your Melbourne property could earn you below
Calculate Potential NowMelbourne Airbnb Property Management Services
Work with the best housekeeping services for your guests in Melbourne
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!
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.
Generate Five Star Reviews for your Melbourne properties - stress free
Airbnb success is grounded in an excellent guest satisfaction strategy.
The best Airbnb Property Managers in Melbourne know to improve guest satisfaction, firstly you must understand your guests.
Knowing and anticipating the types of guests in your area will greatly improve your chances of achieving return bookings and five-star property reviews. Both of which will improve your search ranking and maximise your investment.
Expert Administration and Tax Advice
Help is here for the often time consuming administration that is required with short term 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 Melbourne property.
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.
Maria
Airbnb Property Guest
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.
Luciana
Airbnb Host
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.
Chris
Airbnb Property GuestComplete All-in-one Solutions
KingsCoin have decades of in depth property and property management experience, we aren’t new to the scene - we are the scene.
Our experience help 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 and listing exposure.
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.
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Become a Melbourne Super host super fast
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 in Melbourne 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.
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Top 3 Tips to become a Melbourne Super Host
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.
Request these Super host tips straight to your inbox below
7 ways to encourage 5 star Airbnb reviews
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Excellent, fast but thoughtful communication
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Fast and reliable check in
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Clean and presentable properties
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Surprisingly helpful local area instructions
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Gift baskets - consider including a selection of local produce or a public transport card
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Amenities they weren’t expecting - single use toiletries are a fave amongst guests
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Helpful offers of public transport directions or even a lift
Airbnb competition is fierce, even though there is over 23,600 listings in Melbourne currently only 15% have been frequently booked!
To be a part of this group of properties you may need expert help. That’s where we step up to help you get the foothold you desire.
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Potential to benefit
Taking those figures into account, considering the ongoing tourism growth and rental demand of 72 out of 100 from AirDNA within Melbourne, there is huge potential for home owners to benefit.
Melbourne Airbnb property management is now easier than ever.
We will assist you in delivering high value Airbnb hosting services at an affordable management rate of 15%.
Rely on over 100 years of combined experience from the KingsCoin team to provide expert help in switching to or optimising your listing for greater financial success for your Melbourne property.
