The Elephant In The Room Property Podcast | Inside Australian Real Estate Will Short Term Rentals Thrive Post-COVID?
Airbnb continues to take the world by storm and with lockdowns easing up and tourists surging, the demand for local accommodation has steadily increased – but with talks of legislation limiting short term rentals coming in, how will the market adapt?
How much has the short term rental market changed? Will they continue to grow after COVID? Is it still a good idea to list your property on Airbnb?
In today’s episode, Quirin Schwaighofer of MadeComfy shares his insights on the future of short term rentals. We talk about how the ratio of vacancy rates and tenants shifted over the pandemic, how the Work-From-Anywhere movement boosted short term rentals, existing Airbnb restrictions in Australia, and more!
If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at questions@theelephantintheroom.com.au!
See you in the episode!
Episode Highlights:
- How COVID impacted the rental market [02:36]
- Balancing out vacancy rates and tenants [07:04]
- Quirin’s thoughts on the Work-From-Anywhere movement [13:02]
- COVID’s effects on property ownership [19:12]
- Will legislation limiting short term rentals have a negative effect? [22:01]
- Australian states with Airbnb restrictions [30:14]
- Potential roadblocks for investors eyeing the short term rental market [37:02]
- Will short term rentals continue to grow? [43:31]
- The costs of putting up an Airbnb [51:24]
- How MadeComfy filters properties [54:26]
- Factors to consider if you want to enter the rental market [1:00:18]
- Quirin’s property Dumbo [1:02:53]
About our Guest:
Quirin Schwaighofer is the Co-CEO & Co-Founder of Australia's accommodation innovator MadeComfy.
MadeComfy manages properties in the short term rental market and since its launch in 2015, MadeComfy transformed into a fast-growing and multi-award-winning disrupter of the Real Estate and Hospitality market and became an official partner of Airbnb in 2019.
In his spare time, Quirin loves adventurous travel and supporting his daughters to chase their dreams.
Links from the show:
Connect with Us:
- Looking for a Sydney Buyers Agent? www.gooddeeds.com.au
- Work with Veronica: https://linktr.ee/veronicamorgan
- Looking for a Mortgage Broker? www.wealthful.com.au
- Work with Chris: hello@wealthful.com.au
- Send in your questions to: questions@theelephantintheroom.com.au
Find this episode on our website:
https://www.theelephantintheroom.com.au/podcasts/233
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