Australia: Short-Term vs Long-Term Rental Returns

Australia offers a wide range of rental investment opportunities across 8 states and territories. We compare short-term and long-term rental income at the state level, from affordable regional markets to high-price capital cities.

Data last updated: March 2026

What Could You Earn?

Estimated gross income for a typical 3-bedroom house in Australia, based on median values. These are starting points. In the dashboard you can adjust everything to match your own property and circumstances.

Typical property price
$1108K
Long-term rental income
$3,180/mo
before expenses
Short-term rental income
$6,674/mo
before expenses
Short-term earns roughly
$3,494/mo more
before expenses and regulations

Key Takeaways

  • Short-term rental outperforms long-term across most Australian states, with the premium strongest in tourism-heavy areas like Queensland and Tasmania.
  • Sydney and Melbourne have the highest property prices but some of the lowest rental yields. Regional areas often offer better income relative to purchase price.
  • Regulation varies by state and council. NSW and Victoria have stricter controls in major cities, while Queensland and Western Australia are generally more permissive.
Interested in a specific area?
See the full short-term vs long-term comparison with adjustable assumptions.
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How Short-Term and Long-Term Compare by Area

Estimated monthly income for a 3-bedroom house in each area, before expenses. Click any area to see the full breakdown in the dashboard.

City / areaPriceLong-term /monthShort-term /monthShort-term rules
Sydney
NSW
$2795K$5,768$11,142LowView details →
Melbourne
VIC
$1400K$3,912$7,693LowView details →
Gold Coast
QLD
$1143K$3,818$8,692LowView details →
Sunshine Coast
QLD
$1102K$3,449$6,596LowView details →
Adelaide
SA
$1430K$3,303$6,751LowView details →
Wollongong
NSW
$1115K$3,186$5,726LowView details →
Brisbane
QLD
$1291K$3,173$6,964LowView details →
Newcastle
NSW
$985K$3,094$5,636LowView details →
Hobart
TAS
$945K$2,818$5,840LowView details →
Cairns
QLD
$668K$2,817$7,864LowView details →
Perth
WA
$600K$2,304$3,348LowView details →
Geelong
VIC
$708K$2,152$4,056LowView details →

All figures are estimates based on median values for a 3-bedroom house in each area. Individual properties will vary. Use the dashboard to adjust assumptions to your own situation.

Compare Any Location

The dashboard covers 12 local government areas across Australia. Search for any area and adjust property price, rent, nightly rate, occupancy, mortgage rate, and expenses to match your investment.

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