AU's Top 5 East Coast Towns to Buy a Property

Interested in purchasing property in Australia to start an Airbnb business? Consider Australia's East Coast — home to big-time landmarks like the Great Barrier Reef and Sydney's Opera House, the entire coastline has too many attractions to count that continue to bring together travellers, both local and from across the globe.

Here are 5 of the best east-side towns to buy property on Australia’s East Coast.

How is the short-term rental market in Australia performing?

Beforee you open a short-term rental, it's worth checking how the market is currently performing. Check out our report on the best Airbnb markets in Australia, which ranks the top short-term rental markets in Australia based on average occupancy rates and recent tourist trends.

Already running your own Airbnb? Talk to one of our experts to learn how you can grow your business.

Top 5 East Coast Towns to Buy a Property

Brisbane

As Australia’s third-largest city, Brisbane offers the excitement of living in a bustling city like Sydney or Melbourne – without the hefty price tag. Brisbane boasts a warm climate with tropical beaches, World Heritage sites, and the Great Barrier Reef  - hotspots that will attract every kind of traveller.

The economy in Brisbane is booming and with the success of securing the 2032 Olympics, we can expect increasing numbers of home buyers and investors who will want to buy property there.

→ Locations: Some of the best suburbs to look at for your short-term rental include Annerley, Caboolture, Carindale, Cleveland and Paddington.

Discover more about short stays in Brisbane with Hometime's Brisbane Short-Term Rental Market Report.

Gold Coast

The Gold Coast is a city in Queensland known for its sandy beaches, surfing spots and inland waterways. The nightlife is thriving, and there are 3 of Australia’s biggest theme parks all within a short drive away - Dreamworld, SeaWorld and Wet’n’Wild.

The population growth in the Gold Coast is rising. When you combine this growth with low property prices, you get a number of buying opportunities worth investing in. We recommend that buyers look for houses close to transport and water.

→ Locations: Some of the best suburbs to look for at your short-term rental include Broadbeach, Burleigh Heads and Coolangatta.

Check out Hometime's Gold Coast Short-Term Rental Market Report for more info about the local rental market.

Sunshine Coast

The Sunshine Coast is a coastal region in southern Queensland. It attracts over 3 million visitors a year with its beaches, surf spots, national parks and attractions like Underwater World Marine Park and Steve Irwin’s Australia Zoo.

Queensland is experiencing steady population growth, low vacancy rates, and significant government spending on infrastructure, which makes this coastal town one of the current best property markets. Some other exciting developments include the expansion of the Sunshine Coast Airport, which is going to welcome international flights.

→ Locations: Some of the best suburbs to look at for your short-term rental include Coolum Beach, Caloundra, Mountain Creek, Peachester and Buderim.

Take a look at Hometime's Sunshine Coast Short-Term Rental Market Report for more information about Airbnbs in the Sunshine Coast.

Central Coast

The Central Coast is a region of New South Wales, south of Sydney. It is known for its beautiful harbour setting, beaches, local villages, coastal terrain, shopping and lush national parks, making it a favourite weekend destination for tourists and locals, alike.

The Central Coast currently has one of the most popular real estate markets in Australia. The COVID pandemic resulted in a rush of migration to regional areas, making this a popular designation to invest in. When you combine this with great restaurants and cafes, waterfront living and a beachfront lifestyle - you have yourself a short-term rental jackpot.

→ Locations: Some of the best suburbs to look at for your short-term rental include Avoca Beach, Bateau Bay, Toukley, Forresters Beach, Booker Bay and Noraville.

Melbourne

Melbourne is a city situated on the South-Eastern coast of Australia. It is well-known as the sports, arts and cultural capital of Australia, and claims to have the best coffee in the country (we can verify this).

For the past few years, we have seen large numbers of people relocating from the big cities to the hill and sea change areas. When you combine this with being one of the most consistent performers in the property market for the last four decades, Melbourne becomes the perfect area for short-term rental investment.  

→ Locations: Some of the best suburbs to look at for your short-term rental include Caulfield, Elsternwick, Ormond, Bentleigh and East Bentleigh, McKinnon, Brighton and Surrey Hills.

Get insights about short-term rentals in Melbourne with our Melbourne Short-Term Rental Market Report.

Partner with Hometime to Increase Revenue with Short-Term Rental

Reach out to Hometime’s pricing analysts and market experts, who will help optimise your revenue while increasing occupancy at the same time. We understand local market dynamics, have access to comprehensive booking data, and can adjust your pricing strategy in real-time to maximise your returns.

Aside from helping you figure out how to determine Airbnb prices and create an effective Airbnb pricing strategy, Hometime also offers the following services:

• Property onboarding:
  We’ll help you set up your short-term rental as quickly as we can so you can start getting bookings ASAP.
• Listing optimisation:
  Our team constantly works on improving your listing through great content showcasing the best of the property with high-quality professional photos, and creating detailed guides for your guests. This includes property styling and photography to make your Airbnb stand out and to maximise its appeal.
• Airbnb cleaning services:
  We’ll find the best cleaners in your area to look after your home, whether it’s for regular cleans, deep cleans ready for peak season, or even restocking essentials. We use the built-in cleaning fee from the booking, so there’ll be no need to pay for it out of pocket.
  
• Guest communication and management:
  We go the extra mile to ensure your guests enjoy every part of their stay, from making the booking, checking in, checking out, and everything in between. This includes taking care of maintenance issues quickly, providing alternatives for late-night arrivals, and even meeting them in person when needed!
  
• Property maintenance:
  Hometime’s local Airbnb experts will sort out all your maintenance needs to make both you and your guests happy. We’ll also do our best to get you the best rates for services in the area due to our close relationships with local businesses.
• Access to Hometime's all-in-one property management software