Canberra Apartments


Consider short-term rentals when leasing your new property

Accommodate Canberra are a team of experts in short-term rental property management with over 30 years of experience in the local market. We guide property owners and investors in providing valuable insights into turning their existing investment property into a luxury short-term rental or buying an investment property tailored for the short-term rental market.

What are Short-term Rentals?

A short-term rental is a property usually rented out for a couple of days up to around a month at a time rather than a fixed 12-month lease or more.

They are usually fully furnished apartments or houses fully decked out with crockery, cutlery, and cooking and washing facilities. They will also usually have Wi-Fi and office facilities like a printer, desk, and work chair.

Short-term rentals offer the home-away-from-home experience for those on vacation or travelling for work.

They are usually in a great location near industrial centres, government departments, national attractions or entertainment and cafés and restaurants.

They allow the frequent business traveller to unpack their suitcase or the vacation traveller to cook family meals and have space to socialise and spend time together.

Why Canberra is a good market for short-term rentals 

Canberra is a destination:

  • · It is the capital city of Australia.
  • · It houses the Federal Parliament and many federal government departments.
  • · Most of Australia’s national institutions are here, including:
    • o National Gallery of Australia
    • o Australian War Memorial
    • o National Museum of Australia
    • o National Library of Australia
    • o National Portrait Gallery
  • · It has five universities:
    • o Australian National University
    • o University of Canberra
    • o University of NSW at ADFA
    • o Australian Catholic University
    • o Charles Sturt University, and
    • o Canberra Institute of Technology

Why does this make it a great place for a short-term rental?

  • · Business travellers must visit Canberra to meet with public servants and government departments.
  • · Most national associations have their national headquarters in Canberra.
  • · Tens of thousands of academics and friends, and relatives of university students come to Canberra each year.
  • · Canberra is a destination nationally and internationally for our national institutions and the wonderful exhibitions they put on.
  • · There are great national festivals and sports events that are also great for short-term rentals, such as:
    • o Summernats
    • o National Folk Festival
    • o Floriade
    • o Rugby Union
    • o Australian Rules
    • o Cricket

Once you have decided to turn your current long-term investment property into a short-term rental or invest in a property for a short-term rental, that is just the beginning.

Things to consider when running a short-term investment property in Canberra

  • · How will you market your short-term rental
  • · Who will do the regular cleaning?
  • · How will you bill and get paid?
  • · How will keys be obtained and returned?
  • · What price will you set for the rent?
  • · Who will be your target guest?
  • · How will you communicate with your guests?
  • · Who will do regular inspections?
  • · Who will undertake maintenance?

You will make more money from a short-term rental investment than a long-term rental, but the flip side is that it is way more time intensive – you could do it yourself, but you probably already have a full-time job.

If you would like to speak with a professional short-term rental manager from Accommodate Canberra about how we can help, contact us for a chat.