Airbnb Management in Southbank, 3006: Short Term Market Report (Updated 2025)

Discover how much your property in Southbank could profit as a short term rental home on Airbnb & other holiday rental platforms.

Southbank is a well positioned suburb for consideration in the short term rental market. The area has plenty of restaurants, bars and clubs for patrons to enjoy whether visiting from interstate or overseas. Southbank benefits from an ideal location for guests, being within walking distance of the CBD and the Yarra River, as well as some of Melbourne's most popular tourist areas.

How much can you really earn with an Airbnb or short-term rental in Southbank? At Staypilot, we specialise in Airbnb management in Southbank and use real-time data on the local short-term rental market. This market summary offers owners and investors key insights into the potential of owning a holiday rental property in Southbank.

This short term market report is generated using our own database of managed properties, in combination with aggregate local market data from AirDNA and Airbtics data platforms. If you would like to receive an appraisal for a specific property, please contact us via our website.

Southbank, 3006 - Short Term Market Report

Key Details - Short Term Rental Market

Number of short-term listings All property types & sizes	1,137
Avg. nightly rate All property types & sizes	$201
Avg. occupancy rate All property types & sizes	77%
Avg. short-term market income Excludes new & part-time listings	$58,641

Average Nightly Rate

Top 50% of listings	Top 25% of listings	Top 10% of listings
$201	$283	$412

Occupancy

Top 50% of listings	Top 25% of listings	Top 10% of listings
77%	79%	82%

Property Supply

Studio: 2.6%	3 bedrooms: 12.1%
1 bedroom: 29.9%	4+ bedrooms: 0.9%
2 bedrooms: 47.8%	Private rooms: 6.6%

Dive deeper into Airbnb property ownership & Airbnb Management in Southbank

Understanding the potential returns of a short stay property in Southbank requires careful consideration of many factors. A Staypilot local Airbnb manager can consult you on additional cost factors such as platform fees (i.e. Airbnb fees), cleaning costs and management fees. Contact us today and we can provide a detailed explanation of the operational complexity involved in running an Airbnb property, as well as how we can take the hassle out of short term property management with our fully comprehensive service.

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About Staypilot 

Staypilot provides comprehensive short-term rental management services to homeowners in Melbourne, Geelong, the Bellarine Peninsula and the Mornington Peninsula. Our platform blends extensive experience with a personal approach, delighting owners and guests alike. By listing your home with Staypilot, you can enjoy the exceptional returns of the short stay market without the hassle.