Airbnb Market Analytics, Statistics and Data in Smiths Lake, New South Wales, Australia
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Smiths Lake? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Smiths Lake:
How much do Airbnb hosts make on average per month in Smiths Lake?
The short-term rental market in Smiths Lake shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $2,325 per month
- Strong performing properties (top 25%) make $3,767 or more
- Best-in-class properties (top 10%) achieve $6,089+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,143
Revenue Variations by Month
Occupancy Rates Throughout the Year in Smiths Lake
The market in Smiths Lake shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 28% occupancy rates
- Strong performing properties (top 25%) achieve 47% or higher
- Best-in-class properties (top 10%) reach 67%+occupancy
- Entry-level properties (bottom 25%) average around 13%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Smiths Lake
Daily rates in Smiths Lake vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $255 per night
- Strong performing properties (top 25%) secure $346 or more
- Best-in-class properties (top 10%) pull in $478+ per night
- Entry-level properties (bottom 25%) earn around $185
Daily Rate Variations by Month
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Seasonality patterns in Smiths Lake
Peak Season (January, December, February)
- Revenue peaks at $4620.10 per month
- Occupancy rates reach 45.12%
- Daily rates average $344.81
Shoulder Season
- Revenue averages $2896.48 per month
- Occupancy maintains 32.77%
- Daily rates hold at $284.75
Low Season (June, September, August)
- Revenue drops to $1858.39 per month
- Occupancy decreases to 23.58%
- Daily rates adjust to $268.67
Is it still profitable to do Airbnb in Smiths Lake in 2025?
Yes! Smiths Lake demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 33% and strong monthly revenue averaging $2896 and The market's 104 active listings indicate growing demand with plenty of opportunity for new properties. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (families on vacation, festival goers, adventure tourists, international visitors)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Smiths Lake
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| North Shore | Scenic and tranquil area ideal for families and travelers looking for relaxation. Close proximity to the lake and beach makes it perfect for water activities and nature lovers. | Smiths Lake, Jimmys Beach, Myall Lakes National Park, Wallingat National Park, Pacific Palms, Elizabeth Beach |
| Pacific Palms | A popular destination known for its stunning beaches and natural beauty. Ideal for surfers and those looking for outdoor adventures, with a laid-back atmosphere. | Bluey Beach, Shelly Beach, The Sandbar, The Great Lakes, Myall Lakes, Surfing and fishing spots |
| Smiths Lake Village | A charming local community that offers a mix of rural charm with proximity to water activities, attracting both tourists and locals looking for a getaway. | Smiths Lake Boat Ramp, Local Markets, Cafes and Restaurants, Community Events, Fishing spots, Bike trails |
| Elizabeth Beach | Renowned for its beautiful beach and surf conditions, this area is perfect for aquatic enthusiasts and provides a relaxed beach lifestyle. | Elizabeth Beach, Surf Lifesaving Club, Coastal Walks, Fishing Spots, Beachfront Dining, Water Sports |
| The Lakes Way | Scenic drive and access point to various recreational areas, offering beautiful lake views and great spots for picnicking and outdoor activities. | Wallis Lake, Fisherman’s Point, Mungo Brush, Booral Lake, Nature trails, Scenic viewpoints |
| Booti Booti National Park | A stunning national park that offers rainforests, beaches, and walking trails. Ideal for nature lovers and those seeking outdoor adventures. | Booti Booti National Park Trails, Mirador Beach, Lookouts, Bird Watching, Nature Photography, Camping |
| Forster-Tuncurry | Nearby town known for its vibrant community, shopping, and local attractions, making it convenient for visitors seeking more urban amenities. | Forster Main Beach, Tuncurry Rock Pool, Great Lakes Cinema, Local Dining Options, Fishing and Boat Charters, Markets |
| Halls Lake | A serene location perfect for those looking to escape the hustle and bustle. Offers peaceful surroundings and a close-knit community vibe. | Halls Lake Picnic Area, Nature Walks, Bird Watching, Kayaking Opportunities, Local Flora and Fauna, Quiet Beaches |
Do you need a license for Airbnb in Smiths Lake?
Yes, Smiths Lake requires a license for operating an Airbnb. Current market data shows 90% of active listings maintain proper licensing, confirming this requirement. Getting licensed is an essential first step before listing your property.
Top Performing Airbnb Properties in Smiths Lake
Luna Lakehouse: Waterfront, Kayaks, Boat Bay
Entire Place • 4 bedrooms
Viste dell'Aqua ~Lake front-5hp motor boat-Kayaks
Entire Place • 8 bedrooms
Coastal Cove + stunning views + pool table + lake
Entire Place • 6 bedrooms
Pelican - Lake Views - Pet Friendly
Entire Place • 4 bedrooms
Jemmas on the lake WaterfrontSpaBoatOutdoorpetstay
Entire Place • 5 bedrooms
Smith's Lakeside Retreat
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Smiths Lake
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Pacific Palms | 21 | $369,862 | 388 | 4.38/5.0 |
| Kate | 7 | $267,147 | 547 | 4.73/5.0 |
| Palms Prestige | 6 | $181,481 | 19 | 3.17/5.0 |
| Alex | 4 | $154,828 | 77 | 3.74/5.0 |
| Anna | 1 | $88,533 | 54 | 4.96/5.0 |
| Yvonne | 2 | $74,214 | 210 | 4.94/5.0 |
| Sue | 2 | $74,022 | 150 | 4.91/5.0 |
| Samantha | 1 | $66,688 | 13 | 4.38/5.0 |
| Megan | 1 | $62,145 | 5 | 4.60/5.0 |
| Ben | 1 | $50,779 | 111 | 4.80/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Smiths Lake
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (100%), with house and apartment & condo properties comprising 95.1% of inventory
- Untapped potential in apartment & condo, others, outdoor & mobile segments (8.6% combined)
Room Capacity Distribution
Analysis of 104 properties in Smiths Lake shows that 4 bedrooms properties are most prevalent, making up 38.5% of the market. The market tends to favor larger properties, with 4 bedrooms and 3 bedrooms together representing 69.2% of all listings.
Key Insights
- Most common: 4 bedrooms (38.5%)
- Least common: 1 bedroom (2.9%)
- Market concentration: 69.2% in top 2 sizes
- Market skew: Favors larger properties
Guest Capacity Distribution
Analysis of 104 properties in Smiths Lake reveals that 8+ guests properties dominate the market, representing 63.5% of all listings. The average property accommodates 6.9 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 6 guests make up 80.8% of the market.
Key Insights
- Most common capacity: 8+ guests (63.5% of market)
- Least common capacity: 7 guests (2.9% of market)
- Average guest capacity: 6.9 guests per property
- Market concentration: 80.8% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 104 properties in Smiths Lake, the most common availability pattern is 271-366 days (58.7% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (39.4% of properties).
Key Insights
- Most common availability window: 271-366 days (58.7%)
- Most common booking duration: 31-90 days (39.4%)
- Properties with high availability (180+ days): 87.5%
- Properties with long-term bookings (180+ days): 12.5%
Minimum Stay Distributions
1 Night
1 listings
1% of total
2 Nights
33 listings
33.3% of total
3 Nights
27 listings
27.3% of total
4-6 Nights
22 listings
22.2% of total
7-29 Nights
6 listings
6.1% of total
30+ Nights
10 listings
10.1% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 34.3%
- Mid-length stays (4-6 nights) represent 22.2% of listings
- Monthly+ stays (10.1%) suggest a stable extended-stay market
- High market flexibility with 61.6% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 60 Days
24 listings
24.7% of total
Flexible
10 listings
10.3% of total
Moderate
15 listings
15.5% of total
Firm
25 listings
25.8% of total
Strict
23 listings
23.7% of total
Key Insights
- Firm is the preferred policy at 25.8% of listings
- The market shows a balanced distribution between guest-friendly (25.8%) and strict (49.5%) policies
- Strong market consensus around Firm policies
- Flexible policies are least common at 10.3% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Firm policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Dec, Jan, Nov, averaging 86 days
- Shortest booking windows are in Sep, Jul, Aug, averaging 34 days
- Winter shows the longest average booking window at 82 days, while Summer has the shortest at 34 days
Recommendations
- Implement dynamic pricing strategies for Winter bookings at least 82 days in advance
- Consider early bird discounts during Summer to encourage longer lead times
- Focus on last-minute booking promotions during Sep-Aug when lead times are shortest
Popular Airbnb Amenities in Smiths Lake
Below is the distribution of amenities across listings in Smiths Lake:
Traveler Demographics
Key Insights
- Domestic travelers make up 92.5% of total guests, indicating a dominant local market share.
- Primary international markets: United States (2.1%) and United Kingdom (1.9%)
- English is the top language at 76.2%, followed by Spanish (9.5%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 7.7%
Recommendations
- Target marketing campaigns for Sydney and New South Wales markets
- Develop localized content for United States and United Kingdom
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Smiths Lake. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Green Point | 17 | $4,647 | $340.15 | 46% |
| Dora Creek | 17 | $4,646 | $349.27 | 46% |
| Singleton Council | 153 | $4,435 | $509.77 | 33% |
| Nulkaba | 38 | $4,320 | $520.07 | 30% |
| Broke | 58 | $4,260 | $443.41 | 32% |
| Cessnock City Council | 128 | $4,062 | $438.08 | 36% |
| Coomba Park | 31 | $3,958 | $383.12 | 39% |
| Cessnock | 504 | $3,915 | $416.55 | 35% |
| Branxton | 18 | $3,890 | $411.03 | 31% |
| Morisset Park | 18 | $3,872 | $424.81 | 40% |
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