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Queensland Airbnb Guide: What Makes QLD the Perfect Airbnb Destination?

Ah, Queensland. Beautiful one day, profitable the next. 

What comes to mind when you think of Queensland? Perhaps the pristine beaches, Great Barrier Reef, lush rainforests, natural wildlife or the year-round sunshine. Whatever it is, Queensland has the lot. It is no wonder then that it is one of Australia’s top destinations for local and overseas tourists – the perfect Airbnb destination that can be a property investor’s key to a secure, stress-free future. 

As a leading provider of Airbnb management services in Queensland, let’s take a deep dive into why hosting an Airbnb property in Queensland makes good financial sense.

Number Crunching

Consider this – every year approximately 27 million domestic and international visitors flock to the Sunshine State. In fact, Queensland is one of the top three states in Australia where visitors spend most of their time. Furthermore, according to Airbnb statistics, four Queensland cities – Sunshine Coast, Gold Coast, Cairns and Brisbane are in the top 10 list of the most profitable locations to run an Airbnb in the whole country!

Coastal cities north and south of Brisbane are significantly cheaper to purchase an investment property than either Sydney or Melbourne yet with far greater abundance of attractions. Numbers don’t lie – coastal property in Queensland translates to significant returns on investment.

Benefits of Airbnb

Before considering leasing out your property, it may be wise to take the time to analyse the pros and cons of short versus long-term leasing of your Queensland property. 

On the long-term rental market, the average 3-bedroom home on the Gold Coast is fetching between $500 and $600 per week. During peak periods that same home may yield that return in just one or two days with Airbnb!

An added bonus is that, unlike permanent rentals, with Airbnb your property is available to use whenever you want – just block out the days, weeks or even months on your Airbnb calendar when you want to take up residence.

Irresistible Attractions

The beauty of Queensland is that there are so many attractions to make your property desirable. Some of the most popular sought-after areas are around the Gold Coast, Sunshine Coast and Surfers Paradise where tourists and visitors are drawn to the stunning beaches, world-class shopping and vibrant nightlife.

It is no surprise that the magic expanse between the Gold Coast and the Sunshine Coast has become a mecca for local and interstate buyers looking for strong returns on their property investment. 

Gold Coast

With its myriad of five-star hotels and seminar venues, the Gold Coast has become the conference capital of Australia. With Airbnb operating on seasonal peaks and trough pricing, the Gold Coast is a goldmine of peak pricing for hosts. The demand for accommodation for popular events can see the overflow extend in a wide arc into the surrounding suburbs. 

The Gold Coast is also home to the best theme parks in Australia including Warner Bros. Movie World, Sea World and Wet ’n’ Wild. For Airbnb hosts, this area is a goldmine as families with children seek accommodation that can house their children and provide cooking facilities, to save on the crippling cost of eating out every night.

Surfers Paradise

We can’t talk about the Gold Coast without mentioning the iconic Surfers Paradise. As the Gold Coast’s tourist hub, Surfers Paradise attracts over 4 million visitors per year – a magnet to bronzed, barefoot wave worshippers drawn from across Australia and around the world. Many Southerners, from Melbourne and Sydney have invested in the magnificent apartment blocks which dot the horizon down the coast. Tenanted only for short periods throughout the year by the owners, furnished and with all the amenities in place, these apartments are ripe to be utilised as Airbnb accommodation.

Being an Airbnb host can also mitigate any body corporate fees that are a hidden cost all apartment complex owners must pay on an ongoing basis. Setting up your property to pay for itself just makes good logical sense.

Where to Now?

If you are thinking about investing in an Airbnb property in Queensland or you already have a property available – rather than rent it, why not Airbnb it? With exceptional property management specialists like Oasis Stay, Airbnb hosts can have a ‘set and forget’ high-yield investment. With all the benefits of Airbnb plainly evident, finding a management service that prioritises your home and protects your investment, is the first step. At Oasis Property Management we are here to take the guesswork out of Airbnb hosting. Contact us today to discuss what we can do for you.

How to Start A Vacation Rental Business?

Vacation rental business is the freshly baked cake on the menu these days which everyone wants to grab a taste of. It is one of the few highly booming industries these days and does hold immense potential.

However, before you set foot in this business, it is imperative to understand how it works, the efforts needed to do the groundwork, and what you can expect of it in the long run.

Understanding a vacation rental business:

Vacation rental is nothing but handing out properties on rent to families or groups of people on vacation. This drastically different from staying in a hotel and comes with plenty of added benefits that one would expect to find in a home.

Access to local culture, having one’s own kitchen, back and front yards, pools, and ample privacy are a few of the perks of staying in a rented home on vacation. A vacation rental business involves handling such homes and renting them out to clients.

It also includes the acquisition of such properties, dealing with homeowners, ensuring the privacy and safety of clients while on their stay in addition to maintaining and marketing your business.

How can one start a rental business?

Starting any sort of business is not the most important or difficult part. The real challenge lies in willing to put the consistent work needed and doing everything in your power to make it run.

Speaking of the vacation rental business, there are broadly two ways which you can go about:

RENTING OUT YOUR OWN PROPERTIES:

If you intend to purchase your own property before handing it out on rent, there is considerable work to be done. You need to analyze which locations are the hot-spot for a steady flow of guests in addition to landing the best price while purchasing and renting out your property.

RENTING OUT AND MANAGING OTHERS’ PROPERTIES:

This is a comparatively easier option, especially if you’re new to this business and want to gain enough momentum before you purchase your own property. The challenge here is to assure homeowners to place their trust in you with their property and for you to fetch the best deals and on-going clients for them.

Once you decide how you want to go about it, the rest of the work pretty much boils down to this: Acquiring clients. Here are the 4 major aspects your need to consider to attract the best clients:

  1. Location:

Seasonality:

If you want to churn consistent profits all year long, go for evergreen locations in trendy, urban areas that attract families on vacation any time of the year.

If you intend to be a little relaxed in your approach willing to address clients a few months of the year while dedicating the rest of the time to growing and building your brand, you can opt for remote locations. These appeal to tourists only in certain specific seasons of the year.

Choose your location as per your drive to run your business and profit will flow accordingly.

Demand:

It is important that your vacation rental draws clients in. ensure you choose a location with plenty of tourist attractions and popular spots so that clients are willing to drop in and stay at your site.

Supply:

Try standing out from the rest of the mediocre short-term rentals available everywhere. Maybe opt for a villa or an apartment that very few others are providing so that you can attract the best deals.

  1. Pricing:

As far the pricing is concerned, the best way is to find that sweet spot of the accurate pricing based on how the demand for that particular season is. Raise your lower your prices as per the seasons so that you maximize your profits all year long.

The vacation rental business is quite promising drawing well over $80 million in revenue in 2019 alone. True that your income will fluctuate depending on the kind of property you rent, the service you provide, and the location you’re in. However, implementing the right techniques can cause your business to skyrocket in the long run.

  1. Personnel:

In order to gain momentum, leveraging your business is a must. However, you need to pay close attention to the staff you hire to maintain the property and attend to clients in your absence. A capable and reliable team providing assistance with managerial duties is what you need. A mistake here can mean the difference between making or breaking your business.

  1. Technology:

Make use of a reliable software to handle bookings from guests, managing your team, delivering top-notch service, gaining feedback, and so on. You can even design custom guidebooks through a designated software and hand them out to clients to make a long-lasting and professional impression.

How do you proceed?

Now that you have the above-mentioned aspects covered, it is time to pitch your proposals to homeowners in the areas that you intend to work in. If you’re a homeowner yourself, nothing like it. With the latest techniques and technology within your business, you can very well make a strong impression that you mean serious business and are here to stay.

This also assures the homeowners that you’ll work towards maximizing their returns. When they see that you can cash in on their properties for the best, it’ll draw them to do business with you.

Summing it up:

Like any other business, starting and building a vacation rental business takes time and plenty of effort to make it look like an overnight success. All you need to do stay consistent with the right tactics to make your business work and very soon you’ll witness a huge surge of rewards coming your way!

Why the Mornington Peninsula is the Perfect Place For Airbnbs

What creates the ideal Airbnb location? This is a question that is quite difficult to answer, but one that is essential for property investors looking to get the most out of their property. The simple fact is that Airbnb trends are constantly changing, and what may be an incredibly desirable feature at one point in time may not always be quite as sought after by potential short-stay tenants. So, when you’re looking for signs that an area is ideal for short-stay accommodation, it’s important to try and find the features and elements that are always in demand, and that’s where the Mornington Peninsula comes in.

As one of Australia’s premier tourist destinations, the Mornington Peninsula has maintained a reputation as the ideal spot for a stunning getaway, both with locals and international visitors alike. The picturesque ocean views mixed with a decadent selection of fine dining options and much, much more have allowed this singular area to maintain a heavy flow of visitors looking for short-stay accommodation, a fact that will come as no surprise to anyone who has ever had the good fortune of experiencing it for themselves.

So, whether you’re a property owner in the Mornington Peninsula weighing their options with the short-stay rental market or a property investor looking for their next big income stream, let’s take a closer look at what this incredible vista has to offer.

Property Spotlight: The Great Entertainer

It’s not hard to find successful Airbnb properties in the area, but as a provider of Airbnb Management for the Mornington Peninsula, we thought it would be best to look at one that is in our care. After all, at Oasis Stay, we pride ourselves on providing visitors and owners alike with service that exceeds their expectations for quality and care. So, if we’re showing off the benefits that a Mornington Peninsula short-stay rental property can offer, it’s best that we put our money where our mouth is.

The Great Entertainer is a three-bedroom, three-bathroom full-house rental property in the heart of Rye, one of the Mornington Peninsula’s more popular getaway towns. This solid-built coastal home boasts a luxurious pool, a spa, ample outdoor space and stunning interiors, whilst also being within walking distance of the Peninsula’s many sights, sounds and scenic views. Maintaining a consistent flow of visitors and a near-perfect 4.96 rating, it’s clear that visitors have adored their experience:

So, Why is the Mornington Peninsula So Popular For Airbnb?

Located just one hour from Melbourne, the Mornington Peninsula offers the best of both worlds in a lot of ways. Close enough to the major cities whilst still providing a secluded, luxurious coastal experience, it is the perfect place for those that want the joys of travel, without the hassle that comes with long-distance drives. Not only that, but for those who are looking to experience a large number of activities or locales in a short amount of time, the Mornington Peninsula is as varied as it is beautiful.

From the geothermal springs creating a thriving industry of spa and relaxation options to the wealth of wineries and world-class restaurants making use of the deliciously fresh local produce, it’s easy to find yourself overwhelmed with the number of choices at your doorstep. If you find yourself drawn more towards the local art and culture, then the Mornington Peninsula’s thriving galleries and sculpture parks are sure to help you scratch that itch. Whether you’re a family, a couple, a group of friends, or simply travelling alone, the Mornington Peninsula has something for everyone.

Airbnbs in 2020-21

For many who rely on Airbnb for their income, the lockdowns and travel bans imposed due to COVID-19 restrictions led to an incredibly uncertain time. These new conditions were unprecedented, and it was very difficult for experts to provide any direction or forecasts of how this would impact owners in different areas. However, whilst many areas did see their short-term rental markets take an enormous hit with the lack of international travellers, the Mornington Peninsula fared very favourably due to an enormous increase in domestic travellers from areas like Melbourne. Without the ability to travel abroad, people set their sites inward, and what better place for a domestic getaway than the ever-iconic Melbourne Peninsula? This trend continues now, and can be seen in our extremely high booking rates during the final quarter of 2021:

Even in the most difficult of times, Mornington Peninsula property owners have still managed to maintain an impressive income through short-stay rental accommodation options. So, if you’ve been on the fence about whether Mornington Peninsula Airbnb rentals are the right next step, you can rest assured knowing that the trends continue to be in your favour.

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So, are you ready to work with the Mornington Peninsula Airbnb specialists? Offering a responsive local team of property rental experts, as well as professional cleaning, photography and maintenance services, Oasis Stay can handle each and every part of your Airbnb experience. We also offer Airbnb Management for Melbourne and other major Australian cities, so contact us today to find out what we can do for you.

What Makes Melbourne an Ideal Airbnb Location?

Melbourne is an absolutely incredible place when you think about it. Offering stunning vistas, bustling business centres and a thriving community of artists, designers and artisans rarely rivalled in the world, it’s truly a special place. With that said, when global property investors are thinking of buying for the purposes of short-stay rentals, Melbourne, Australia may not necessarily be on their radar as a top pick.

This is by n means to say that Melbourne isn’t successful in terms of Airbnb usage and acquisition, quite the contrary; it simply means that there are a lot of people that don’t know what makes Melbourne an ideal Airbnb location. As an Airbnb property management service in Melbourne and the Greater Melbourne area, we at Oasis Stay have a lot of love for this area. We live here, we work here, and we know better than most what makes it so unequivocally desirable.

So, let’s take a quick look at the world of Airbnbs in Melbourne, and see what makes this such a perfect combination.

As anyone who has had the pleasure of walking through Melbourne’s Central Business District will know, the city is an enormous hub for businesses from across the globe. Brands from America, England, China, Japan and more all come together in the heart of Melbourne to grow their businesses and make their names known. Because of this, Melbourne receives a considerable number of international travellers, all of which need nice places to rest and relax in their free hours.

From startups to some of the world’s largest brands, businesses are constantly drawn to Melbourne’s shores, and this makes Airbnb ownership in Melbourne incredibly lucrative. Not only does this provide a wealth of new potential short-stay renters every day to promote your Airbnb property to, but given that many businesses will be paying for their employees to stay in the area, their budgets will often be quite a bit higher than your usual traveller. In other words, it’s a perfect place for the owner and the visitor alike.

Stunning Surrounds

Unlike some areas in which all of the fun and excitement tends to be centralised to a few specific hubs, Australia’s stunning vistas, serene nature and beautiful architecture all come together to make for a beautiful trip no matter what you’re looking for. Because of this, some areas of Greater Melbourne that are a little further out will still get a lot of visitors and interest simply because they still offer a lovely, soothing experience. From the beautiful beaches of the Mornington Peninsula to the scenic suburban life of Brighton, Melbourne’s stunningly varied offerings have something for everyone, even if your Airbnb property isn’t a short walk from the CBD.

Events, Events, Events

Outside of the standard business and family reasons, one of the primary signifiers that a boom in Airbnb demand is about to occur is a big event. So, naturally, any area that is constantly hosting large events is going to have a lot of opportunities to entice national and international visitors. For that, there are few better places than Melbourne, one of Australia’s biggest areas for events, shows, gigs, performances, and more! From Formula 1 to Melbourne’s very own White Night Festival (which will be held in three regional Victorian locations for its 2022 incarnation), Melbourne is practically always hosting something to draw in the crowds. So, as long as you can stand out from the crowd, preferably with a certain impeccable Melbourne Airbnb management service, there will always be opportunities to get bookings.

Australia in general is always going to draw in the crowds with its coastal destinations, theme parks, natural landscapes, arts, culture and more. However, even in this truly unique country, Melbourne still has something special to offer. That’s why Melbourne is known as the cultural capital, the coffee capital, and even the fashion capital. These accolades are certainly earned, and they bring in more and more visitors every year to see why Melbourne is so magnificent.

So, are you ready to take on the Melbourne Airbnb mantle and start getting more from your property? Speak with one of the property management specialists at Oasis Stay today.

Airbnb Rental Management In Windsor

Do you own a property in Windsor? Are you looking to grow your money-making potential in the short-stay rental market? Well, as a leading Windsor Airbnb property management service, we at Oasis Stay are here to help you achieve your goals. Whether you’re a seasoned property investor looking to get more out of your properties, or you’re a homeowner simply looking for the best way to dip into the Windsor Airbnb market, Oasis Stay will be able to support you every step of the way.

Boost Your Rental Returns With Oasis Stay’s Windsor Airbnb Management Services

Windsor is an absolutely fantastic area. As one of Melbourne’s inner suburbs, it perfectly blends the laidback suburb lifestyle with the hustle and bustle that the city has become known for. Because of this, it’s quite a competitive area, with property owners across the area doing everything they can to stand out in the local Airbnb market. So, if you’re hoping to get your Windsor Airbnb property noticed by potential renters, you’ll need to make sure that you’re doing everything you can to stand out from the crowd.That’s where Oasis Stay comes in! As a leading Airbnb property management service in Windsor, Oasis Stay has a full suite of services aimed at giving both you and your guests everything you’ll need for a fantastic experience. From high-quality photography to cleaning, guest management, and much, much more, you can rest easy knowing that the work of managing your Airbnb is well taken care of. In other words, let the Oasis Stay team handle the day-to-day difficulties of keeping your Windsor Airbnb running smoothly.

Why Take On Oasis Stay For Your Windsor Airbnb Experience?

As touched on above, Melbourne is a busy, popular destination that has millions of visitors yearly who all need a comfortable place to stay. Because of this, the past decade has seen an enormous rise in Airbnb options and opportunities, meaning that competition is tough. You need to have excellent reviews, great photography, and a listing that stands out from the crowd if you want your Windsor Airbnb to really make an impact.The difficulty is that managing a successful Airbnb property is practically a full-time job, and if you want to do it right, it’s best to get help from the experts. Oasis Stay can handle practically every part of your Airbnb, with fees being a percentage of your earnings from the Windsor Airbnb property itself. In other words, our success is tied to your success, and therefore we are incentivised to get you the best yields we possibly can, all while handling the tricky parts of managing a successful short-stay Windsor rental.~

For more Airbnb Management services details of Melbourne, Sydney, Brisbane, Hobart or other cities, browse more details at the below link:

Airbnb Management Melbourne
Airbnb Management Sydney
Airbnb Management Brisbane
Airbnb Management Hobart

So, are you ready to take the next step in your short-stay rental success? Contact one of our Windsor Airbnb management specialists today, and get more from your property!

 

5 Benefits of Using a Rental Property Management Service

If you are looking for ways to diversify your income streams, investing in rental property is a great idea. However, the task of managing your property can be overwhelming and challenging, making it difficult for you to enjoy the perks of this investment. By hiring a professional property management service, you can rest assured that the day-to-day management is taken care of while enjoying the financial reward. Still not convinced? Here five more benefits you would experience from using a rental property management service.

Manage Your Short Stay Cycles

When you are ready to put your property up for rent, there are several tasks you would have to perform to ensure that it is prepared for the new tenants. However, this can be quite a handful for you to handle. A property manager reduces this burden by ensuring the necessary cosmetic improvements are made. They also ensure that the best rent rate is set to prevent you from losing potential tenants due to high prices and money due to low rates. They help you reach the perfect tenants through their effective marketing strategies

Offer Lower Maintenance And Repair Costs

Keeping your property in tip-top shape is essential yet expensive. However, with a reliable property management service, this is not a problem. When you hire a property manager, you also gain access to the company’s housekeeping and repair staff. Their trustworthy contractors are experienced, licensed, and insured to ensure that they provide good quality services at reasonable prices.

Provide More Freedom

Another benefit you enjoy from hiring a property manager is the freedom to invest in property anywhere across the globe. Suppose you live in another city or country, yet you own property or an Airbnb in Melbourne. In that case, you can rely on a property or Airbnb management service in Melbourne to ensure your property and tenants are in good condition. This would have been almost impossible without a property manager! 

Maximise Your Returns

Your property manager would want to see you make a fortune from your property. Therefore, they would keep you abreast with market rentals and if your position on rental increases. Due to their effective tenant retention policies, property managers can meet tenants’ various needs to ensure they are content during their stay in your property. Due to their efficient rent collection policies, you are also guaranteed a steady and reliable cash flow from your property without the stress of following up and upsetting tenants over rent payments. Here are more tips to maximise your rental returns.

Prevent Potential Legal Issues

You may not be aware of the various laws governing tenants and landlords. Luckily, your property manager does. The law covers a wide range of aspects concerning a property, such as lease addendums, rent collection, tenant screening, evictions, inspections, and so on. Since your property manager is aware and well-vested in the legal issues, they can help you save money and time by ensuring that you are not vulnerable to any legal threats. 

3 Must-Know Facts About Airbnb Hosting

Airbnb service was launched in 2007 by Joe Gebbia and his friend Brian Chesky – the two had problems with paying expensive rental fees, so they decided to rent out three airbeds on their living room floor. The investment was a huge success, and the business duo built the Airbnb startup into a 25 billion dollar company in 12 years with branches in over 90 countries worldwide. Apart from this impressive initiative, here are other facts you should know. 

Airbnb Hosting Charges Fees And Reviews Properties

With Airbnb hosting, property management service providers can rent out their extra bedroom spaces to travellers. The company charges a 3% fee to homeowners, while travellers also pay about 6% to 15% service fee. Both travellers and their hosts have the opportunity to review each other when the staying period is over. More than 70% of properties in Airbnb listings are entire properties. The public review system makes it easy to see the trust score of potential visitors and hosts.

Airbnb Hosting Is Cost-Effective

In terms of cost savings, Airbnb is far cheaper than booking regular hotels. With Airbnb, you can rent an entire apartment for as low as $20 per person per night. On the contrary, in central locations, a hotel room for two people can cost them $45 each per night. Some landlords and property management companies provide their hosts with essential amenities like WiFi connection, a fully furnished kitchen and satellite TV. These facilities are suitable for travelling families and their kids on a short stay.

Airbnb Housekeeping Safety And Insurance

In Australia, Airbnb management service Melbourne screens visitors by verifying their contact details and payment information. Property owners can set out their criteria for travellers to meet before booking their properties. Airbnb Management offers liability insurance of up to $1 million to protect property owners against personal injury and property damage to ensure host protection.