Within the first week of Hometime taking over, the property generated $700 in gross rental income. After six months, it had achieved 91% occupancy and a 392% return on the originally expected weekly income.
Thanks to the improved income, Reece and Leah could focus on family life instead of finances. Their improved cash flow even allowed them to buy a new car—turning a stressful situation into a success story.
Within walking distance to Glenelg beach, cafes and shops, Blackbird is a luxurious property one could only dream of staying in. Prior to coming on board with Hometime South Australia, Michelle had the property listed on Gumtree in search of a long-term tenant. In the hopes of receiving a reasonable amount of $550 per week unfurnished. After meeting with Michelle and viewing the property we were able to provide a holistic approach on short-term rental for Airbnb to increase the expected income if tenanted as a rental property. We additionally offered advice on how to present the property to maximise the return in the Short-term market while ensuring guests have a welcoming and enjoyable stay.
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