It has been such an honor to lead the Airbnb management industry in the Greater Melbourne area since 2015. We would like to thank all of our short-term rental hosts for entrusting us with your Airbnb listings.
Our Airbnb management services are available across all 37 local municipalities of the Greater Melbourne area and in all cities including City of Casey, City of Wyndham, City of Hume, City of Whittlesea, City of Brimbank, City of Monash, City of Melton, City of Merri-bek, City of Whitehorse, Shire of Mornington Peninsula, City of Boroondara, City of Knox, City of Greater Dandenong, City of Kingston, Shire of Yarra Ranges, City of Melbourne, City of Glen Eira, City of Darebin, City of Frankston, City of Banyule, and many others.
MasterHost offers the most competitive online STR management package at 10% per booking. This package includes a wide range of services such as listing creation and SEO, price optimization, booking management, full guest communication and screening, multi-channel management, guest e-book, and concierge service.
Years on the market
Offering Airbnb Management Services in Melbourne since 2015
Per booking
Most Competitive Airbnb Management Fees in Melbourne
Properties
One of the Largest Airbnb Management Portfolio in Melbourne
Forget about the stress of Airbnb property management in Melbourne and let our team take care of your guests so that you can relax and enjoy your free time while earning more from your investment. Your hassle-free Airbnb management experience in Melbourne begins with three simple steps:
“Masterhost has been renting our house in Melbourne during our holiday season. We can see how diligent they are with vetting our guests when we come back home. Great work, guys!”
“Thank you Masterhost! You are definitely the most responsive Airbnb management company in Melbourne.”
It is a known fact that most countries, provinces, cities, and often even strata buildings have special rules and bylaws that directly or indirectly regulate the Airbnb licences in Melbourne that are required to list on the platform. MasterHost will be your trusted and knowledgeable source of information in this complex process. We will guide you all the way when it comes to working with the municipalities and building stratas ensuring that you meet the Airbnb licensing requirements in Melbourne.
When it comes to making your listing stand out from the competition, superior Airbnb Interior Design in Melbourne is among the top priorities. This in turn will allow you to significantly increase guest traffic. It is crucial to understand how your property should be staged in order to highlight the key features. This will affect your bookings and experience of your guests. Let our Airbnb Interior Design partners improve the aesthetics of your property in Melbourne and increase its value.
The first impression counts the most and that is a fact! Investing in Airbnb Professional Photography in Melbourne is one of the most important steps you will need to take during the Airbnb rental journey. MasterHost will arrange for our Airbnb photographers in Melbourne to make your listing stand out from the rest.
We know the short-term rental and vacation management industry in Melbourne inside out and over the years we have seen it all. Our goal is to connect you with the most trusted home insurance providers. Only with them can you have peace of mind and be certain that your home and your guests are safe and insured during their stay.
We work hard to stay up to date with Airbnb Search Engine Optimization (SEO) in Melbourne. With years of experience and constant improvements, we continue getting our clients’ listings in the top Airbnb search results. We use many different strategies and analyze response rates, cancellations, headings and listing content, photos, reviews, and much more.
Because of the nature of our business model and unlike most of the competition our main priority is to achieve highest occupancy rates at the top nightly prices. MasterHost employs many Airbnb Price Optimization tools in Melbourne and uses Big Data competitive analysis, seasonality, hotel industry, and local events. This allows us to stay ahead of the competition.
The main elements of our Airbnb Booking Management in Melbourne are calendar management, multi-channel capabilities, guests vetting and communication, instant booking settings, price optimization, and booking confirmation. Most of this work is completed before the guests arrive behind the scene.
We ensure that the most challenging part of Airbnb property management in Melbourne is handled with ease. If done incorrectly it can easily destroy the guests’ entire experience. Yes, you’ve guessed it – we are talking about Airbnb key exchange management in Melbourne. We will make sure to provide your guests with seamless 365/24/7 access to your property. No matter what time of the day or night they arrive you can be certain that they will enter your property.
When you sign up with MasterHost it will be our job to prepare a custom Airbnb Guest Book that will be distributed to all future arrivals. The Guest Book will highlight your property listing the most important instructions about the unit, the parking, amenities, emergency contacts, WiFi, house rules, strata bylaws, trendy restaurants, and coffee bars in Melbourne.
What is Airbnb Concierge Service in Melbourne? Often overlooked by inexperienced hosts this is a crucial element of our overall Airbnb Management Strategy. It can earn you a significant added cash flow when executed correctly. For example, we can offer your guests services like guided excursions and tours, Airport pick-ups and transfers, booking tickets to local events and shows, reserving space at restaurants and so much more.
We will share our corporate secret with you and let you know the most common reason why hosts fire their Airbnb property managers before switching to MasterHost. Poorly executed Airbnb Cleaning and Laundry get mentioned most often in the negative reviews. We understand that our cleaners’ performance directly impacts the reputation of your listing. That is why we take Airbnb Cleaning in Melbourne very seriously. We invest in training and building our cleaning team to offer you a 5-star hotel cleaning experience in Melbourne.
Preventative Airbnb property maintenance in Dubai remains on the top of the list of all sophisticated Airbnb investors and for a good reason. If you complete them on a regular basis you can prolong the life expectancy of your real estate investment. The last thing you want is a loss of revenue in the middle of your peak season because you have failed to perform routine maintenance of your property in Melbourne.
Based on the latest short-term rental market statistics Airbnb is the most popular platform in Melbourne with 92% of the market share. VRBO/HomeAway is standing in second place with a market share of 5%. Booking.com and TripAdvisor have the third largest share of the market at 3%.
MasterHost uses all tools at our disposal to achieve superior results. One of the most important tools is Airbnb management software with multi-channel capabilities and native integrations. With this software at hand, we are able to reach 99% of the entire Melbourne short-term rental traffic. Achieving maximum occupancy rates throughout the year for your Airbnb property has never been this easy!
10%
per booking
15%
per booking
12%
per booking
Airbnb Key Exchange
Airbnb Cleaning & Laundry
Airbnb Property Maintenance
Airbnb Guests Communication
Airbnb Listing Creation
Airbnb Listing SEO
Airbnb Booking Management
Airbnb Price Optimization
Airbnb Guest Screening
Multi-Channel Management
Payment Processing
Airbnb Guest e-Book
Airbnb Concierge Service
Dedicated Senior Manager
Priority Response
Free Emergency Visits *
Free Airbnb Photography
Airbnb Licensing Support
Airbnb Insurance Consulting
Airbnb Interior Design
﹡ Up to 2 visits per month
What Does Melbourne Airbnb Market Look Like?
Melbourne is the bayside capital city of the state of Victoria, Australia. It is the most liveable city on the earth and it is also known as the sports city of the world. There are almost 16K rentals available in the market. The average revenue generated by these rentals is $2.3K each month. The rental market is competitive and very stable with the minimum difference in the highest and lowest daily rate. The average daily rate is $185, the daily rates are quite uniform in terms of high spikes. The market seems stable.
Is Running an Airbnb Business Profitable in Melbourne?
Melbourne is a busy city for hosts, the occupancy rate on average is 65% which indicates that the rentals keep occupied for the majority of the time which is a good thing. Melbourne is visited by 2 million foreign visitors and almost 8 million domestic visitors annually. In the month of October, the occupancy rate goes high to 77%. The revenue on average is $2.3K which goes high in April at around $3K. This data indicates the fact that the Melbourne Airbnb business is quite profitable.
How is Airbnb Business Regulated in Melbourne?
Airbnb is legal in Melbourne and its regulations are very lenient. The Victorian Planning Provisions considers the rentals and the properties being used as STRs as residential properties and does not require a planning permit to run an STR business. Plus there are no restrictions on night activities. However, if you are planning to rent your property for more than 90 nights according to the calendar then you must acquire planning permission. You also need planning permission if you are not eligible to pay the council tax.
Why Choose MasterHost as an Airbnb Management Company in Melbourne?
To set up a business in a competitive market such as Melbourne you must have somebody by your side that will help you with all the tasks that are crucial to run a rental business successfully. MasterHost provides you with a team of experts that help you manage your business with much ease. MasterHost can handle multiple attractive listings, key exchange, and 24/7 concierge service as well. MasterHost saves you a lot of time which you can invest in expanding your STR business.
What Are the Airbnb Daily Rates in Melbourne?
Melbourne is a very competitive market. It attracts a large number of visitors each year. The daily rates highly depend on the bookings each rental is getting in a certain period. The average daily rate of Melbourne rentals is $185. The daily rate goes up in April to $214 and comes back to its lowest in July at $170. The daily rates indicate that the market is fairly stable because the lowest daily rate and highest daily rate do have not much difference between them.
What Are the Most Popular Rental Platforms in Melbourne?
Airbnb is the most popular rental platform in Melbourne. It has 72% of total rentals listed on its platform. Hosts seem to love this platform when it comes to choosing where they want to list their property. VRBO has only 7% of rentals listed on its platform. And 21% of property owners have decided to list their properties on both of these platforms. When it comes to the guests choosing which platform they prefer, they research before to find a rental that suits their needs and then they book a rental from there.
What Are the Airbnb Rental Types and Sizes in Melbourne?
In Melbourne Airbnb, the rental types present have an almost equal number of one or two-bedroom rentals. 26% of rentals have one bedroom and 30% of rentals have two bedrooms. But rentals having three or more bedrooms are also popular. Almost 85% of rentals present in the market are entire homes, only 16% of rentals offer private rooms and 107 rentals provide shared room features. Researching before investing in the market would be a great help in achieving maximum profitability.
Is There Any Seasonality in Airbnb Business in Melbourne?
Even though some months are exciting in the year that attracts more visitors thus generating more revenue but that is just that because otherwise, the market is pretty steady and straightforward. The seasons do not seem to affect the market to a greater extent. Guests seem to be coming into the city at a constant rate. However, it is always better to know the conditions before you put your money into the business.
What Are the Minimum And the Average Stay Duration in Airbnb Rentals in Melbourne?
More than 70% of rentals have imposed minimum stay duration in some way. Some of them have only two nights of minimum stay duration and some of them require the guest to stay for an even longer period. 30% of the rentals however do not impose any minimum stay duration whatsoever. The minimum stay duration is a strategy to stop the rental from being vacant on the weekends. You can decide whether you want to impose a minimum stay duration or not.
