Home / Markets / Sydney short-term rental revenue management

MARKETS · SYDNEY

Sydney short-term rental revenue management.

How Sydney's short-term rental market moved in 2026, from The Rocks and Millers Point to Paddington, Surry Hills and Bondi, and how to price for it. Built from the comp sets of the 97 Sydney listings we manage.

Updated 2026-10-18

THE MARKET, MONTH BY MONTH

Sydney short-term rentals, Oct 2025 to Sep 2026.

These are market numbers, not ours: the average across the PriceLabs comp sets of the Sydney listings we price (up to 97 in a month), each month set against the same month a year earlier. A comp set is the group of competing listings a property is priced against, so this is what operators across the market saw.

MonthMarket occupancy (last year → this)Market nightly rate, AUD (last year → this)Market RevPAR vs last yearBooking windowAverage stay
Oct 202575% → 80%A$516 → A$501+3%48 days3.8 nights
Nov 202580% → 82%A$527 → A$505−2%53 days3.9 nights
Dec 202573% → 78%A$709 → A$689+4%58 days4.0 nights
Jan 202675% → 75%A$537 → A$562+5%46 days4.4 nights
Feb 202680% → 85%A$514 → A$572+18%50 days4.1 nights
Mar 202679% → 81%A$482 → A$525+11%42 days4.2 nights
Apr 202676% → 72%A$467 → A$503+3%38 days4.1 nights
May 202669% → 70%A$411 → A$450+12%35 days4.0 nights
Jun 202669% → 65%A$416 → A$462+6%33 days3.9 nights
Jul 202675% → 74%A$448 → A$475+5%37 days4.3 nights
Aug 202677% → 76%A$458 → A$515+12%51 days3.9 nights
Sep 202673% → 71%A$462 → A$500+6%35 days3.7 nights

Source: PriceLabs comp-set data for RevOpt-managed Sydney listings, Oct 2025–Sep 2026. Booking window and average stay are this year's market averages. Months still being booked are not shown.

Areas in this data: Millers Point, Dawes Point, Paddington, Glebe, Pyrmont, Redfern, Woolloomooloo, Surry Hills.

WHAT IT MEANS FOR PRICING

What moves revenue in Sydney.

1. Sydney stays busy all year

Market occupancy held between about 65% and 85% in the months we track. With demand that steady, the gains come from rate: knowing which nights will sell anyway and pricing them accordingly.

2. Rates are high, and so is the cost of getting them wrong

Market nightly rates ran around A$450–A$689. At that level a 5% mistake on every night is worth more than most discounts ever buy back.

3. Big public events are fixed points

New Year's Eve, Vivid Sydney in winter and the major sporting fixtures are known well in advance. Price them early and hold; the guests booking those dates aren't shopping on price.

4. Guests book well ahead

The average booking window ran 33–58 days, longer than in most city markets. That means rates for the next two months are being decided now; pricing them late leaves the early, less price-sensitive demand on the table.

A SECOND SOURCE · AIRBTICS

What the wider Sydney market says.

PriceLabs comp sets show the listings ours compete with directly. Airbtics tracks every active short-term rental in each market, so it's a useful cross-check on the whole picture: median occupancy and nightly rate for Sep 2025–Aug 2026 against the twelve months before, and the change in the number of active listings.

MarketMedian occupancy (prior 12 mo → last 12 mo)Median nightly rate, USDActive listings, year on year
Sydney (1–2 bed)87% → 80%$168 → $208 (+24%)+0%

Source: Airbtics market data (Sep 2025–Aug 2026; averages of monthly medians; nightly rates in USD as Airbtics reports them). More supply (red) means more competition.

What it means. Rates rose while occupancy eased: the market traded volume for rate. Knowing which of your nights can carry the higher rate, and which can't, is where the money is.
HOW WE WORK

A revenue manager for your Sydney portfolio.

What you get

  • A named revenue manager who prices every unit, every day, inside your PriceLabs and PMS
  • Revenue projections for every listing, agreed with you up front
  • A weekly pacing check for every listing against its market
  • Local event calendars, seasonal base prices and minimum stays for Sydney
  • Monthly reporting in AUD, ready to share with owners

Who it's for

  • Operators with 10+ listings, or $1M+ a year in bookings (or the local equivalent)
  • Teams that answer to owners or investors for the number
  • Under 10 listings? RevBnB, our AI pricing manager, is built for you
FREE PRICING GAMES · 2–3 MINUTES · NO SIGN-UP

Can you price Sydney like a revenue manager?

Three quick games on real 2026 Sydney rates: set the right price, fill the calendar with the best stays, or beat our revenue manager. Each one ends with your pricing blind spots.

Play The Revenue Room →
QUESTIONS

Questions operators ask.

What occupancy do Sydney Airbnbs get?

Across the comp sets we track, Sydney market occupancy ran between about 65% and 85% in 2026, with nightly rates around A$450–A$689.

Do you cover the rest of Australia?

Yes: Sydney, the Gold Coast, Melbourne and Perth, with reporting in AUD. See our Gold Coast page too.

What does it cost?

We quote on a call once we've seen your portfolio. There is no setup fee and no lock-in (30 days' notice), and the gap audit is free.

START HERE, FREE

See what your calendar is leaving on the table.

A free gap audit on your own numbers: where revenue leaks, why, and what it's worth. Run by a PriceLabs Verified Revenue Management Partner.

No setup feeNo lock-in30 days' noticeYour tools & data stay yours