Mulgeon-ri Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in South Gyeongsang, South Korea

Source: AirROI
Last updated: 2025-03-31

Is Airbnb profitable in Mulgeon-ri in 2025? Explore comprehensive Airbnb analytics for Mulgeon-ri, South Gyeongsang, South Korea to uncover income potential. This 2025 STR market report for Mulgeon-ri, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 18 active listings.

Whether you're considering an Airbnb investment in Mulgeon-ri, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Mulgeon-ri Airbnb data is crucial. Understanding the local regulations is key to maximizing your short term rental income potential. Let's dive into the specifics.

Key Mulgeon-ri Airbnb Performance Metrics Overview

Avg. Daily Rate (ADR)(?)
$93
The average rental revenue earned for an occupied room per day in Mulgeon-ri.
Occupancy Rate(?)
20.1%
Lower demand, potentially seasonal or market factors at play.
Median Annual Revenue(?)
$6,523
Typical annual income for an Airbnb listing in Mulgeon-ri. Factors like property type, size, and location influence actual earnings.
Revenue Growth YoY(?)
-28.7%
Significant decrease (-28.7%) vs. last year.
Peak Revenue Month(?)
August
The month with the highest average earnings, indicating peak season in Mulgeon-ri.
Lowest Revenue Month(?)
January
The month with the lowest average earnings, indicating the low season in Mulgeon-ri.
STR Regulation Level(?)
Moderate
Regulation details vary. Check local government sources.
Active Airbnb Listings(?)
18
Total number of active short-term rentals listed.

Monthly Airbnb Revenue Variations & Income Potential in Mulgeon-ri (2025)

Understanding the monthly revenue variations for Airbnb listings in Mulgeon-ri is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Mulgeon-ri is typically August, while January often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Mulgeon-ri across different performance tiers:

  • Best-in-class properties (Top 10%) achieve $2,038+ monthly, often utilizing dynamic pricing and superior guest experiences.
  • Strong performing properties (Top 25%) earn $1,004 or more, indicating effective management and desirable locations/amenities.
  • Typical properties (Median) generate around $423 per month, representing the average market performance.
  • Entry-level properties (Bottom 25%) see earnings around $216, often with potential for optimization.

Average Monthly Airbnb Earnings Trend in Mulgeon-ri

Mulgeon-ri Airbnb Occupancy Rate Trends (2025)

Maximize your bookings by understanding the Mulgeon-ri STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Augustsees the highest demand (peak season occupancy), while November experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Mulgeon-ri:

  • Best-in-class properties (Top 10%) achieve 44%+ occupancy, indicating high desirability and potentially optimized availability.
  • Strong performing properties (Top 25%) maintain 32% or higher occupancy, suggesting good market fit and guest satisfaction.
  • Typical properties (Median) have an occupancy rate around 16%.
  • Entry-level properties (Bottom 25%) average 8% occupancy, potentially facing higher vacancy.

Average Monthly Occupancy Rate Trend in Mulgeon-ri

Average Daily Rate (ADR) Airbnb Trends in Mulgeon-ri (2025)

Effective short term rental pricing strategy in Mulgeon-ri involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Mulgeon-ri typically peaks in August and dips lowest during March. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:

  • Best-in-class properties (Top 10%) command rates of $162+ per night, often due to premium features or locations.
  • Strong performing properties (Top 25%) achieve nightly rates of $121 or more.
  • Typical properties (Median) charge around $82 per night.
  • Entry-level properties (Bottom 25%) earn around $67 per night.

Average Daily Rate (ADR) Trend by Month in Mulgeon-ri

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Airbnb Seasonality Analysis & Trends in Mulgeon-ri (2025)

Peak Season (August, June, April)
  • Revenue averages $1,087 per month
  • Occupancy rates average 26.5%
  • Daily rates average $102
Shoulder Season
  • Revenue averages $740 per month
  • Occupancy maintains around 20.8%
  • Daily rates hold near $97
Low Season (January, March, November)
  • Revenue drops to average $475 per month
  • Occupancy decreases to average 14.9%
  • Daily rates adjust to average $87

Seasonality Insights for Mulgeon-ri

  • The Airbnb seasonality in Mulgeon-ri shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
  • During the high season, the absolute peak month showcases Mulgeon-ri's highest earning potential, with monthly revenues capable of climbing to $1,174, occupancy reaching a high of 30.7%, and ADRs peaking at $111.
  • Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $467, occupancy could drop to 14.4%, and ADRs may adjust down to $85.
  • Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Mulgeon-ri.

Seasonal Strategies for Maximizing Profit

  • Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
  • Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
  • Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
  • Regularly analyze your own performance against these Mulgeon-ri seasonality benchmarks and adjust your pricing and availability strategy accordingly.

Best Areas for Airbnb Investment in Mulgeon-ri (2025)

Exploring the top neighborhoods for short-term rentals in Mulgeon-ri? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.

Neighborhood / AreaWhy Host Here? (Target Guests & Appeal)Key Attractions & Landmarks
Mulgeon Beach
A serene beach area known for its beautiful coastline and tranquil environment. It attracts tourists looking for relaxation and scenic views.
Mulgeon Beach, Sunset Walk, Beachfront Cafés, Fishing Spots, Surfing Schools
Namhae Island
A picturesque island famous for its dramatic landscapes and cultural heritage, ideal for travelers interested in nature and exploration.
Namhae German Village, Boriam Hermitage, Mulgeon Lighthouse, Seaside Walking Trails, Local Seafood Restaurants
Sancheong County
Known for its beautiful natural scenery and traditional Korean culture, it attracts tourists who enjoy hiking and cultural experiences.
Sancheong Hwaeomsa Temple, Jirisan National Park, Local Traditional Villages, Herbal Medicine Market
Changwon City
The capital city of South Gyeongsang Province, it offers urban attractions and is a hub for business travelers, making it ideal for short stays.
Changwon Marine Park, Yongji Park, Changwon National Museum, City Shopping District
Goseong Dinosaur Museum
A unique location for families and educational trips, known for its significant paleontological sites, drawing families and school groups.
Goseong Dinosaur Museum, Dinosaur Fossils, Coastal Walking Paths, Seowon Village
Tongyeong City
Famous for its beautiful harbor and rich marine culture, it attracts tourists interested in seafood and water activities.
Tongyeong Harbor, Dongpirang Village, Undersea Park, Seafood Markets
Geoje Island
Known for its stunning beaches and historical sites, perfect for tourists looking for diverse activities from beaches to cultural sites.
Windy Hill, Geoje Haegeumgang Island, Geoje Maritime Historic Park, Gohyeon Market
Jinju City
A historical city with a rich cultural heritage, attracting visitors interested in history and local traditions, especially during festivals.
Jinju Castle, Jinju Lantern Festival, Nakdong River, Traditional Korean Gardens

Understanding Airbnb License Requirements & STR Laws in Mulgeon-ri (2025)

With 11% of listings showing registration in 2025, understanding potential Airbnb license requirements is crucial in Mulgeon-ri. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Mulgeon-ri to ensure full compliance before hosting.

(Source: AirROI data, 2025, based on 11% licensed listings)

Top Performing Airbnb Properties in Mulgeon-ri (2025)

Benchmark your potential! Explore examples of top-performing Airbnb properties in Mulgeon-ribased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.

Namhae German Village Pension Johannes (Hermann)

Namhae German Village Pension Johannes (Hermann)

Entire Place • 2 bedrooms

$24,942
Revenue
47.3%
Occupancy
$136.41
Daily Rate
Second Island; Day/Rafter Pretty 141 Pyeongdok/German Village & Sea

Second Island; Day/Rafter Pretty 141 Pyeongdok/German Village & Sea

Entire Place • 1 bedroom

$21,748
Revenue
33.6%
Occupancy
$162.72
Daily Rate
One night, 100,000 won A single house in the vicinity of the German village 120 pyeong Rock fishing

One night, 100,000 won A single house in the vicinity of the German village 120 pyeong Rock fishing

Entire Place • 1 bedroom

$12,185
Revenue
14.1%
Occupancy
$92.90
Daily Rate
1 minute by car from South Barn German Village, a private house with a view of the sea

1 minute by car from South Barn German Village, a private house with a view of the sea

Entire Place • 1 bedroom

$11,270
Revenue
30.2%
Occupancy
$95.12
Daily Rate
Namhae German Village Pension Bed & Breakfast 4/5 person Family type

Namhae German Village Pension Bed & Breakfast 4/5 person Family type

Private Room • 1 bedroom

$8,787
Revenue
29.1%
Occupancy
$79.22
Daily Rate
독일마을 전망대하우스(도이쳐플라츠)
9번방

독일마을 전망대하우스(도이쳐플라츠) 9번방

Entire Place • 1 bedroom

$8,298
Revenue
43.1%
Occupancy
$86.91
Daily Rate

Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.

Top Performing Airbnb Hosts in Mulgeon-ri (2025)

Learn from the best! This table showcases top-performing Airbnb hosts in Mulgeon-ri based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.

Host NamePropertiesGrossing RevenueStay ReviewsAvg Rating
옥기3$38,127634.73/5.0
코코맘1$21,748335.00/5.0
숙희2$13,6481454.79/5.0
다육맘1$12,185444.80/5.0
Mia1$11,2703864.85/5.0
정현3$4,967474.56/5.0
Jinsil3$4,767734.34/5.0
Host #4596894752$4,51800.00/5.0
Jieun1$3,709294.79/5.0
병수1$2,472194.53/5.0

Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Mulgeon-ri.

Dive Deeper: Advanced Mulgeon-ri STR Market Data (2025)

Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Mulgeon-ri. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.

Explore Advanced Metrics

Mulgeon-ri Short-Term Rental Market Composition (2025): Property & Room Types

Room Type Distribution

Property Type Distribution

Market Composition Insights for Mulgeon-ri

  • The Mulgeon-ri Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 72.2% of the 18 active rentals. This indicates strong guest preference for privacy and space.
  • Looking at the property type distribution in Mulgeon-ri, Hotel/Boutique properties are the most common (55.6%), reflecting the local real estate landscape.
  • Houses represent a significant 33.3% portion, catering likely to families or larger groups.
  • The presence of 55.6% Hotel/Boutique listings indicates integration with traditional hospitality.

Mulgeon-ri Airbnb Room Capacity Analysis (2025): Bedroom Distribution

Distribution of Listings by Number of Bedrooms

Room Capacity Insights for Mulgeon-ri

  • The dominant room capacity in Mulgeon-ri is 1 bedroom listings, making up 88.9% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
  • Together, 1 bedroom and 2 bedrooms properties represent 100.0% of the active Airbnb listings in Mulgeon-ri, indicating a high concentration in these sizes.
  • With over half the market (88.9%) consisting of studios or 1-bedroom units, Mulgeon-ri is particularly well-suited for individuals or couples.

Mulgeon-ri Vacation Rental Guest Capacity Trends (2025)

Distribution of Listings by Guest Capacity

Guest Capacity Insights for Mulgeon-ri

  • The most common guest capacity trend in Mulgeon-ri vacation rentals is listings accommodating 4 guests (33.3%). This suggests the primary traveler segment is likely small families or groups.
  • Properties designed for 4 guests and 2 guests dominate the Mulgeon-ri STR market, accounting for 55.5% of listings.
  • 22.3% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Mulgeon-ri.
  • On average, properties in Mulgeon-ri are equipped to host 4.2 guests.

Mulgeon-ri Airbnb Booking Patterns (2025): Available vs. Booked Days

Available Days Distribution

Booked Days Distribution

Booking Pattern Insights for Mulgeon-ri

  • The most common availability pattern in Mulgeon-ri falls within the 271-366 days range, representing 72.2% of listings. This suggests many properties have significant open periods on their calendars.
  • Approximately 100.0% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
  • For booked days, the 1-30 days range is most frequent in Mulgeon-ri (50%), reflecting common guest stay durations or potential owner blocking patterns.

Mulgeon-ri Airbnb Minimum Stay Requirements Analysis

Distribution of Listings by Minimum Night Requirement

1 Night (100%)

1 Night

16 listings

100% of total

Key Insights

  • The most prevalent minimum stay requirement in Mulgeon-ri is 1 Night, adopted by 100% of listings. This highlights the market's preference for shorter, flexible bookings.
  • A strong majority (100.0%) of the Mulgeon-ri Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.

Recommendations

  • Align with the market by considering a 1 Night minimum stay, as 100% of Mulgeon-ri hosts use this setting.
  • Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Mulgeon-ri.

Mulgeon-ri Airbnb Cancellation Policy Trends Analysis (2025)

Flexible (7.1%)

Flexible

1 listings

7.1% of total

Moderate (35.7%)

Moderate

5 listings

35.7% of total

Firm (28.6%)

Firm

4 listings

28.6% of total

Strict (28.6%)

Strict

4 listings

28.6% of total

Cancellation Policy Insights for Mulgeon-ri

  • The prevailing Airbnb cancellation policy trend in Mulgeon-ri is Moderate, used by 35.7% of listings.
  • A majority (57.2%) of hosts in Mulgeon-ri utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.

Recommendations for Hosts

  • Consider adopting a Moderate policy to align with the 35.7% market standard in Mulgeon-ri.
  • Regularly review your cancellation policy against competitors and market demand shifts in Mulgeon-ri.

Mulgeon-ri STR Booking Lead Time Analysis (2025)

Average Booking Lead Time by Month

Booking Lead Time Insights for Mulgeon-ri

  • The overall average booking lead time for vacation rentals in Mulgeon-ri is 33 days.
  • Guests book furthest in advance for stays during July (average 60 days), likely coinciding with peak travel demand or local events.
  • The shortest booking windows occur for stays in April (average 16 days), indicating more last-minute travel plans during this time.
  • Seasonally, Summer (47 days avg.) sees the longest lead times, while Spring (22 days avg.) has the shortest, reflecting typical travel planning cycles.

Recommendations for Hosts

  • Use the overall average lead time (33 days) as a baseline for your pricing and availability strategy in Mulgeon-ri.
  • For July stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 60 days out to capitalize on advance planning.
  • Target marketing efforts for the Summer season well in advance (at least 47 days) to capture early planners.
  • Monitor your own booking lead times against these Mulgeon-ri averages to identify opportunities for dynamic pricing adjustments.

Popular & Essential Airbnb Amenities in Mulgeon-ri (2025)

Amenity Prevalence

Amenity Insights for Mulgeon-ri

  • Essential amenities in Mulgeon-ri that guests expect include: Wifi, Kitchen, Heating, Air conditioning, TV, Essentials. Lacking these (any) could significantly impact bookings.
  • Popular amenities like Free parking on premises, Shampoo, Fire extinguisher are common but not universal. Offering these can provide a competitive edge.

Recommendations for Hosts

  • Ensure your listing includes all essential amenities for Mulgeon-ri: Wifi, Kitchen, Heating, Air conditioning, TV, Essentials.
  • Consider adding popular differentiators like Free parking on premises or Shampoo to increase appeal.
  • Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
  • Regularly check competitor amenities in Mulgeon-ri to stay competitive.

Mulgeon-ri Airbnb Guest Demographics & Profile Analysis (2025)

Guest Origin: Domestic vs. International
Top 5 Cities of Origin
Top 5 Countries of Origin
Top 5 Languages Spoken
Guest Age Distribution (Birth Decade)

Guest Profile Summary for Mulgeon-ri

  • The typical guest profile for Airbnb in Mulgeon-ri consists of primarily domestic travelers (88%), often arriving from nearby Seoul, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking Korean or English.
  • Domestic travelers account for 87.5% of guests.
  • Key international markets include South Korea (87.5%) and United Kingdom (4.2%).
  • Top languages spoken are Korean (60%) followed by English (30%).
  • A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.

Recommendations for Hosts

  • Target domestic marketing efforts towards travelers from Seoul and Goyang-si.
  • Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
  • Highlight unique local experiences or amenities relevant to the primary guest profile.
  • Consider seasonal promotions aligned with peak travel times for key origin markets.

Nearby Short-Term Rental Market Comparison

How does the Mulgeon-ri Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.

MarketActive PropertiesMonthly RevenueDaily RateAvg. Occupancy
Sasebo24$2,965$262.5238%
Gui-myeon12$1,626$181.8729%
Iki14$1,596$152.7529%
Tsushima30$1,575$176.9642%
Hakdong-ri41$1,525$267.7027%
Sanggwan-myeon15$1,377$153.6927%
Busan5,010$1,310$109.1144%
Yongso-ri11$1,299$168.8726%
Gwangui-myeon10$1,297$126.8034%
Wonyul-ri23$1,286$211.4727%

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