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Wollongong

1 Bedroom Modern Unit

Location

Wollongong

1 Bedroom Modern Unit

Long-Term Rental (Baseline):

$520 – $600/week (~$27,000 – $31,200/year)

Short-Term Rental Potential (Airbnb):

$38,000 – $48,000/year


Occupancy:

62% – 70%

Nightly Rate:

$170 – $210

Total Uplift (Switching Strategy):

+$11,000 – $20,000/year

Additional Optimisation Potential:

+$6,000 – $10,000/year

Total Potential Outcome:

Up to $17,000 – $30,000/year more than long-term renting

beige couch and armchair
brown wooden bed frame with white cover beside brown wooden nightstand
gray steel 3-door refrigerator near modular kitchen