This choropleth map shows the level of availability of private rooms listings on Airbnb across Sydney. The map uses data from Airbnb listing calendars to show the average number of nights a year that private, single-room listings are available across different postcodes.
Levels of availability are notably lower in the inner city areas, suggesting that some inner city hosts may have excess capacity for a lot of the year. Furthermore, many of the areas where availability is lower also have relatively high median nightly prices, meaning that increased frequency of renting could have a significant effect on a hosts revenue, enabling them to further subsidise their mortgage or rental costs.
Let's consider the suburb of Waterloo, which is located close to the city, as well as to transport to Sydney airport, and has a private room listing availability of 128 nights per year on average. For a host with a nightly rental price of $80 AU (the median for the area), increasing the frequency of their rentals by just 1 day a week could generate $4,160 AU in revenue. While increasing the availability of a listing certainly doesn't guarantee occupancy, it is necessary for achieving a higher volume of rentals, and for an area like Waterloo, with many classes of prospective guests - business travellers, holiday-makers, and people in transit - it could be a great opportunity.
Disclaimer: Maps created using publicly available information from Airbnb. This blog post does not constitute financial advice.