Palm Cove Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Queensland, Australia
Is Airbnb profitable in Palm Cove in 2025? Explore comprehensive Airbnb analytics for Palm Cove, Queensland, Australia to uncover income potential. This 2025 STR market report for Palm Cove, based on AirROI data from June 2024 to May 2025, reveals key trends in the niche market of 34 active listings.
Whether you're considering an Airbnb investment in Palm Cove, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Palm Cove Airbnb data is crucial. Navigating the high regulation landscape is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Palm Cove Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Palm Cove (2025)
Understanding the monthly revenue variations for Airbnb listings in Palm Cove is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Palm Cove is typically April, while November often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Palm Cove across different performance tiers:
- Best-in-class properties (Top 10%) achieve $6,135+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $3,437 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $1,807 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $902, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Palm Cove
Palm Cove Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Palm Cove STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Marchsees the highest demand (peak season occupancy), while November experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Palm Cove:
- Best-in-class properties (Top 10%) achieve 64%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 49% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 30%.
- Entry-level properties (Bottom 25%) average 15% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Palm Cove
Average Daily Rate (ADR) Airbnb Trends in Palm Cove (2025)
Effective short term rental pricing strategy in Palm Cove involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Palm Cove typically peaks in April and dips lowest during January. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $565+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $367 or more.
- Typical properties (Median) charge around $234 per night.
- Entry-level properties (Bottom 25%) earn around $143 per night.
Average Daily Rate (ADR) Trend by Month in Palm Cove
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Airbnb Seasonality Analysis & Trends in Palm Cove (2025)
Peak Season (April, March, January)
- Revenue averages $3,335 per month
- Occupancy rates average 41.1%
- Daily rates average $333
Shoulder Season
- Revenue averages $1,400 per month
- Occupancy maintains around 18.6%
- Daily rates hold near $320
Low Season (August, September, October)
- Revenue drops to average $0 per month
- Occupancy decreases to average 0.0%
- Daily rates adjust to average $304
Seasonality Insights for Palm Cove
- The Airbnb seasonality in Palm Cove shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Palm Cove's highest earning potential, with monthly revenues capable of climbing to $3,929, occupancy reaching a high of 45.9%, and ADRs peaking at $378.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $0, occupancy could drop to 0.0%, and ADRs may adjust down to $276.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Palm Cove.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Palm Cove seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Palm Cove (2025)
Exploring the top neighborhoods for short-term rentals in Palm Cove? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Palm Cove Beachfront | Beautiful beachfront area renowned for its scenic beauty, palm-lined shores, and proximity to nature. Ideal for couples and families seeking a relaxing beach holiday. | Palm Cove Beach, Cairns Tropical Zoo, Kuranda Scenic Railway, Mangrove Boardwalk, Palm Cove Jetty |
| Esplanade Village | Vibrant area filled with shops, restaurants, and coffee shops along the Esplanade. Perfect for tourists who enjoy being in the heart of the action with great dining options. | Palm Cove Esplanade, Shops and boutiques, Dining along the beachfront, Spa and wellness centers, Local markets |
| Nearby Rainforest | Explore the lush rainforests surrounding Palm Cove, attracting nature lovers and adventure seekers. Perfect for Airbnb hosts that cater to outdoor enthusiasts. | Daintree Rainforest, Atherton Tablelands, Mossman Gorge, Skyrail Rainforest Cableway, Kuranda Village |
| Trinity Beach | Just a short drive from Palm Cove, this quieter beach offers a family-friendly vibe and great facilities, making it appealing for vacationers. | Trinity Beach Boardwalk, St. Andrew's Catholic College, Local markets, Water sports activities, Nearby dining options |
| Cairns City | A bustling city that serves as the major gateway to the Great Barrier Reef, appealing to tourists seeking both adventure and urban experiences. | Cairns Esplanade Lagoon, Cairns Night Markets, Great Barrier Reef tours, Cairns Aquarium, Cairns Museum |
| Port Douglas | Famous for its luxury resorts and proximity to the Great Barrier Reef, ideal for high-end travelers looking for a premier holiday experience. | Four Mile Beach, Daintree National Park, Port Douglas markets, Wildlife Habitat, St Mary's by the Sea |
| Smithfield | A suburban area close to Palm Cove with access to shopping and dining, attracting visitors who prefer a quieter stay while still enjoying local attractions. | Smithfield Shopping Centre, Skyrail Rainforest Cableway, Local parks, Cairns Tropical Zoo |
| Caravonica | A quaint area that offers a mix of residential charm and tourist attractions. Great for those who want to stay close to both city and nature. | Freshwater Station, Caravonica Lakes, Aerial Skyrail, Tjapukai Aboriginal Cultural Park, Nearby hiking trails |
Understanding Airbnb License Requirements & STR Laws in Palm Cove (2025)
Yes, Palm Cove, Queensland, Australia enforces high STR regulations. Obtaining a license and ensuring compliance is almost certainly required according to current 2025 STR laws. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Palm Cove to ensure full compliance before hosting.
(Source: AirROI data, 2025, based on 41% licensed listings)
Top Performing Airbnb Properties in Palm Cove (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Palm Covebased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Belle Escapes Coral Seas at Palm Cove
Entire Place • 4 bedrooms
Luxury 4-Bed Villa w/ Pool near Palm Cove Beach
Entire Place • 4 bedrooms
Celeste at Island Views: Resort Living by the Sea
Entire Place • 3 bedrooms
Beach Club Luxury Penthouse with Rooftop Spa
Entire Place • 2 bedrooms
The Bird House: Poolside Haven a Stroll from Beach
Entire Place • 3 bedrooms
Cedar Villa: Poolside Stunner by the Beach
Entire Place • 3 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Palm Cove (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Palm Cove based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| The Boutique Collecton | 3 | $90,101 | 5 | 5.00/5.0 |
| Reef Stays | 5 | $85,657 | 13 | 4.93/5.0 |
| Thomas | 5 | $84,097 | 7 | 5.00/5.0 |
| Host #163641161 | 1 | $81,797 | 0 | N/A/5.0 |
| Cairns Coast | 9 | $54,651 | 8 | 4.80/5.0 |
| Trent | 2 | $24,735 | 13 | 4.70/5.0 |
| Host #384750758 | 1 | $19,230 | 1 | N/A/5.0 |
| Fab Properties | 2 | $15,700 | 4 | 5.00/5.0 |
| Host #40534923 | 1 | $12,838 | 1 | N/A/5.0 |
| MadeComfy | 1 | $7,778 | 2 | N/A/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Palm Cove.
Dive Deeper: Advanced Palm Cove STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Palm Cove. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsPalm Cove Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Palm Cove
- The Palm Cove Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 97.1% of the 34 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Palm Cove, Apartment/Condo properties are the most common (55.9%), reflecting the local real estate landscape.
- Houses represent a significant 41.2% portion, catering likely to families or larger groups.
- Smaller segments like others (combined 2.9%) offer potential for unique stay experiences.
Palm Cove Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Palm Cove
- The dominant room capacity in Palm Cove is 1 bedroom listings, making up 41.2% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 3 bedrooms properties represent 70.6% of the active Airbnb listings in Palm Cove, indicating a high concentration in these sizes.
- A significant 38.2% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Palm Cove.
Palm Cove Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Palm Cove
- The most common guest capacity trend in Palm Cove vacation rentals is listings accommodating 2 guests (26.5%). This suggests the primary traveler segment is likely couples or solo travelers.
- Properties designed for 2 guests and 6 guests dominate the Palm Cove STR market, accounting for 44.1% of listings.
- 35.3% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Palm Cove.
- On average, properties in Palm Cove are equipped to host 4.3 guests.
Palm Cove Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Palm Cove
- The most common availability pattern in Palm Cove falls within the 271-366 days range, representing 79.4% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 100.0% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 31-90 days range is most frequent in Palm Cove (41.2%), reflecting common guest stay durations or potential owner blocking patterns.
Palm Cove Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
1 listings
2.9% of total
2 Nights
4 listings
11.8% of total
3 Nights
15 listings
44.1% of total
4-6 Nights
3 listings
8.8% of total
30+ Nights
11 listings
32.4% of total
Key Insights
- The most prevalent minimum stay requirement in Palm Cove is 3 Nights, adopted by 44.1% of listings. This highlights the market's preference for longer commitments.
- Very short stays (1-2 nights) are less common (14.7%), suggesting hosts prefer slightly longer bookings to optimize turnover.
- A significant segment (32.4%) caters to monthly stays (30+ nights) in Palm Cove, pointing to opportunities in the extended-stay market.
Recommendations
- Align with the market by considering a 3 Nights minimum stay, as 44.1% of Palm Cove hosts use this setting.
- If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 2.9% currently do.
- Explore offering discounts for stays of 30+ nights to attract the 32.4% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Palm Cove.
Palm Cove Airbnb Cancellation Policy Trends Analysis (2025)
Super Strict 30 Days
1 listings
2.9% of total
Flexible
9 listings
26.5% of total
Moderate
5 listings
14.7% of total
Firm
10 listings
29.4% of total
Strict
9 listings
26.5% of total
Cancellation Policy Insights for Palm Cove
- The prevailing Airbnb cancellation policy trend in Palm Cove is Firm, used by 29.4% of listings.
- A majority (55.9%) of hosts in Palm Cove utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.
Recommendations for Hosts
- Consider adopting a Firm policy to align with the 29.4% market standard in Palm Cove.
- Regularly review your cancellation policy against competitors and market demand shifts in Palm Cove.
Palm Cove STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Palm Cove
- The overall average booking lead time for vacation rentals in Palm Cove is 27 days.
- Guests book furthest in advance for stays during May (average 58 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in October (average 0 days), indicating more last-minute travel plans during this time.
- Seasonally, Spring (45 days avg.) sees the longest lead times, while Summer (0 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (27 days) as a baseline for your pricing and availability strategy in Palm Cove.
- For May stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 58 days out to capitalize on advance planning.
- During October, focus on last-minute booking availability and promotions, as guests book with very short notice (0 days avg.).
- Target marketing efforts for the Spring season well in advance (at least 45 days) to capture early planners.
- Monitor your own booking lead times against these Palm Cove averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Palm Cove (2025)
Amenity Prevalence
Amenity Insights for Palm Cove
- Essential amenities in Palm Cove that guests expect include: Air conditioning, TV. Lacking these (any) could significantly impact bookings.
- Popular amenities like Wifi, Pool, Washer are common but not universal. Offering these can provide a competitive edge.
- A pool is a highly desired but not standard amenity, making it a key feature for attracting guests seeking leisure in Palm Cove.
- Warning: Wifi is not universally provided but is considered essential globally. Ensure reliable Wifi is offered.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Palm Cove: Air conditioning, TV.
- Consider adding popular differentiators like Wifi or Pool to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Palm Cove to stay competitive.
Palm Cove Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Palm Cove
- The typical guest profile for Airbnb in Palm Cove consists of a mix of domestic (62%) and international guests, often arriving from nearby Melbourne, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or German.
- Domestic travelers account for 62.2% of guests.
- Key international markets include Australia (62.2%) and United Kingdom (10.2%).
- Top languages spoken are English (59.7%) followed by German (10.4%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Target domestic marketing efforts towards travelers from Melbourne and London.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the Palm Cove Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Cairns Regional | 782 | $3,117 | $288.75 | 47% |
| Kewarra Beach | 19 | $3,009 | $455.55 | 43% |
| Port Douglas | 634 | $2,905 | $332.55 | 41% |
| Douglas Shire | 159 | $2,683 | $292.43 | 43% |
| Tablelands Regional | 48 | $2,498 | $223.76 | 46% |
| Mission Beach | 61 | $2,248 | $266.56 | 40% |
| Cairns | 981 | $2,226 | $171.81 | 56% |
| South Mission Beach | 37 | $2,175 | $248.61 | 34% |
| Yungaburra | 53 | $2,131 | $221.56 | 42% |
| Wongaling Beach | 56 | $1,639 | $271.59 | 33% |