Of the city’s top-performing listings, the Fitzroy backpacker hostel The Nunnery is estimated to be making the greatest annual revenue, pulling in about $154,160. The Airdna report also highlighted Melbourne’s top-performing Airbnb listings, with those making the most money for their owners appearing to be fairly humble dwellings. Up to 15,640 properties were listed on Airbnb at the start of February this year, a significant increase from February last year, when 12,886 properties were listed on the platform. Airbnb hosts in Melbourne are making up to $150,000 annually, according to Airdna, an analytics company that tracks the performance of Airbnb rentals around the world.
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