The regional towns where holiday home listings have jumped, but rentals are scarce

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The regional towns where holiday home listings have jumped, but rentals are scarce
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The number of properties listed on Airbnb has skyrocketed above pre-pandemic levels in dozens of regional council areas, new figures reveal, exacerbating the rental crisis | TawarRazaghi

The number of properties listed on Airbnb has skyrocketed above pre-pandemic levels in dozens of regional council areas, new figures reveal, exacerbating the rental crisis.

The raw numbers are small – an increase from 11 three years ago to 32 last month – but even a change of this size can be keenly felt in a regional town, where only 46 long-term rentals were advertised last month, separate figures from SQM show. Measuring the effect of short-stay lets is a challenge because not every Airbnb listing can be converted to long-term rental.

He said even in regional council areas where Airbnb listings have fallen, it was not enough to offset the unprecedented demand from city slickers.fell 26 per cent, from 3355 in July 2019 to 2488 in 2022. That outnumbered the 136 long-term rentals advertised.

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