Airbnb Market Analytics, Statistics and Data in Cromwell Community, Otago, New Zealand
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Cromwell Community? 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 Cromwell Community:
How much do Airbnb hosts make on average per month in Cromwell Community?
The short-term rental market in Cromwell Community 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 $1,863 per month
- Strong performing properties (top 25%) make $2,935 or more
- Best-in-class properties (top 10%) achieve $4,422+ monthly
- Entry-level properties (bottom 25%) typically earn around $991
Revenue Variations by Month
Occupancy Rates Throughout the Year in Cromwell Community
The market in Cromwell Community 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 43% occupancy rates
- Strong performing properties (top 25%) achieve 67% or higher
- Best-in-class properties (top 10%) reach 84%+occupancy
- Entry-level properties (bottom 25%) average around 19%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Cromwell Community
Daily rates in Cromwell Community 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 $137 per night
- Strong performing properties (top 25%) secure $215 or more
- Best-in-class properties (top 10%) pull in $356+ per night
- Entry-level properties (bottom 25%) earn around $92
Daily Rate Variations by Month
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Seasonality patterns in Cromwell Community
Peak Season (March, January, February)
- Revenue peaks at $2912.63 per month
- Occupancy rates reach 57.43%
- Daily rates average $207.20
Shoulder Season
- Revenue averages $2277.64 per month
- Occupancy maintains 44.27%
- Daily rates hold at $190.08
Low Season (May, August, September)
- Revenue drops to $1686.51 per month
- Occupancy decreases to 33.57%
- Daily rates adjust to $183.72
Is it still profitable to do Airbnb in Cromwell Community in 2025?
Yes! Cromwell Community demonstrates moderate seasonality with good off-peak opportunities, featuring a growing occupancy rate of 44% and solid monthly revenue averaging $2278 and The market's 184 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 (spring breakers, nature enthusiasts, conference attendees, couples)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Cromwell Community
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Cromwell Town Centre | The heart of Cromwell with easy access to shops, restaurants, and local attractions. Popular among tourists for its convenience and vibrant community atmosphere. | Cromwell Heritage Precinct, Cromwell Mall, Old Cromwell Town, Lake Dunstan, Wine Tours |
| Lake Dunstan | A picturesque location for water sports and outdoor activities. Attracts tourists looking for adventure and relaxation by the water. | Water activities, Fishing, Biking trails, Picnic areas, Scenic views |
| Bannockburn | Known for its historic gold mining heritage and vineyards, Bannockburn offers a unique rural experience close to Cromwell. | Bannockburn Sluicings, Local wineries, Goldfields Mining Centre, Cycle trails |
| The Old Town | Features historical sites and quaint charm, appealing to those interested in Cromwell's rich history and culture. | Old Cromwell Town, Gold mining museum, Historic buildings, St. John’s Anglican Church |
| Cardrona Valley | A stunning valley known for its ski resorts and hiking trails, attracting nature lovers and outdoor enthusiasts year-round. | Cardrona Ski Resort, Walking and biking trails, Scenic views, Adventure activities |
| Arrowtown | A short drive from Cromwell, Arrowtown is an charming historic gold mining town, popular with tourists for its shopping and walks. | Arrowtown Village, Lakes District Museum, Arrow River Trail, Scenic walking tracks |
| Cromwell Gorge | A dramatic gorge showcasing natural beauty, perfect for those interested in photography and nature walks. | Gorge scenery, Walking trails, Biking pathways, Lake Dunstan views |
| Central Otago Wine Region | One of New Zealand's premier wine regions, known for its Pinot Noir. Attracts wine enthusiasts and foodies. | Wine tasting tours, Vineyards, Fine dining experiences, Scenic landscapes |
Do you need a license for Airbnb in Cromwell Community?
We recommend checking directly with Cromwell Community's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Cromwell Community
Hillside Cabin
Entire Place • 3 bedrooms
Chinamans Ridge
Entire Place • 3 bedrooms
Room for everyone.
Entire Place • 5 bedrooms
Architectural Luxe | Central Park Views
Entire Place • 4 bedrooms
Lakefront Tranquility Central Otago
Entire Place • 3 bedrooms
Peaceful escape in old Cromwell
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Cromwell Community
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Bachcare | 20 | $186,218 | 97 | 3.42/5.0 |
| 27233742 | 1 | $139,484 | 0 | 0.00/5.0 |
| Amy | 3 | $124,764 | 156 | 4.99/5.0 |
| Yee | 6 | $83,360 | 274 | 4.79/5.0 |
| Kate | 2 | $81,175 | 593 | 4.91/5.0 |
| Angela | 1 | $76,306 | 5 | 5.00/5.0 |
| Alison | 2 | $76,199 | 12 | 4.95/5.0 |
| Jacqueline Rae | 2 | $61,660 | 65 | 4.97/5.0 |
| Fallon | 4 | $61,136 | 89 | 3.58/5.0 |
| Andrea | 2 | $60,467 | 36 | 5.00/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Cromwell Community
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 (83.7%), with house and boutique & hotels properties comprising 77.8% of inventory
- Strong specialty sector (19.6%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in outdoor & mobile, unique stays segments (3.8% combined)
Room Capacity Distribution
Analysis of 184 properties in Cromwell Community shows that 1 bedroom properties are most prevalent, making up 27.2% of the market. The market tends to favor smaller properties, with 1 bedroom and 3 bedrooms together representing 51.6% of all listings.
Key Insights
- Most common: 1 bedroom (27.2%)
- Least common: 5+ bedrooms (3.3%)
- Market concentration: 51.6% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 184 properties in Cromwell Community reveals that 2 guests properties dominate the market, representing 28.8% of all listings. The average property accommodates 4.3 guests, with a clear trend towards larger guest capacities. Properties accommodating 2 guests and 6 guests make up 47.3% of the market.
Key Insights
- Most common capacity: 2 guests (28.8% of market)
- Least common capacity: 3 guests (1.1% of market)
- Average guest capacity: 4.3 guests per property
- Market concentration: 47.3% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 184 properties in Cromwell Community, the most common availability pattern is 271-366 days (39.7% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (30.4% of properties).
Key Insights
- Most common availability window: 271-366 days (39.7%)
- Most common booking duration: 91-180 days (30.4%)
- Properties with high availability (180+ days): 68.5%
- Properties with long-term bookings (180+ days): 32.1%
Minimum Stay Distributions
1 Night
65 listings
38.5% of total
2 Nights
74 listings
43.8% of total
3 Nights
9 listings
5.3% of total
4-6 Nights
1 listings
0.6% of total
7-29 Nights
2 listings
1.2% of total
30+ Nights
18 listings
10.7% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 82.3%
- Mid-length stays (4-6 nights) represent 0.6% of listings
- Monthly+ stays (10.7%) suggest a stable extended-stay market
- High market flexibility with 87.6% 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 30 Days
2 listings
1.3% of total
Flexible
49 listings
31.4% of total
Moderate
55 listings
35.3% of total
Firm
39 listings
25% of total
Strict
11 listings
7.1% of total
Key Insights
- Moderate is the preferred policy at 35.3% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 66.7% of the market
- Strong market consensus around Moderate policies
- Super Strict 30 Days policies are least common at 1.3% of listings
Recommendations
- Consider starting with a Moderate policy to align with market preferences
- Strong market preference for Moderate policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Mar, Dec, Jan, averaging 86 days
- Shortest booking windows are in May, Sep, Aug, averaging 50 days
- Winter shows the longest average booking window at 81 days, while Summer has the shortest at 53 days
Recommendations
- Implement dynamic pricing strategies for Winter bookings at least 81 days in advance
- Consider early bird discounts during Summer to encourage longer lead times
- Focus on last-minute booking promotions during May-Aug when lead times are shortest
Popular Airbnb Amenities in Cromwell Community
Below is the distribution of amenities across listings in Cromwell Community:
Traveler Demographics
Key Insights
- Domestic travelers make up 52.1% of total guests, indicating a significant local market share.
- Primary international markets: Australia (20.8%) and United States (9%)
- English is the top language at 73.2%, followed by Chinese (11%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.1%
Recommendations
- Target marketing campaigns for Auckland and Christchurch markets
- Develop localized content for Australia and United States
- Prioritize English and Chinese 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 Cromwell Community. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Queenstown | 1,994 | $5,078 | $348.05 | 56% |
| Ben Ohau | 11 | $4,889 | $201.63 | 72% |
| Speargrass Flat | 10 | $4,727 | $517.34 | 52% |
| Lake Tekapo | 359 | $4,553 | $254.33 | 61% |
| Dalefield | 11 | $4,377 | $416.74 | 47% |
| Queenstown | 17 | $4,198 | $395.37 | 46% |
| Lake Ōhau | 10 | $3,738 | $233.16 | 52% |
| Arrow Junction | 17 | $3,299 | $389.14 | 52% |
| Kawarau Falls | 20 | $3,135 | $403.68 | 45% |
| Arrowtown | 167 | $3,088 | $285.44 | 47% |
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