Pricing Strategy

What factors influence pricing for short-term rentals in Australia?

‍Key considerations include location proximity to attractions, seasonal demand patterns, local events, property size/amenities, competitor pricing, and length of stay requirements. Capital city properties often follow different pricing rhythms than regional tourist destinations.

How often should I adjust my property's pricing?

‍Smart hosts review prices weekly with major adjustments for:

• School holiday periods (up to 30% increase)
• Major events (Vivid Sydney, Grand Prix etc)
• Last-minute booking opportunities
• Seasonal weather patterns

What's the most effective pricing method for maximising returns?

‍Dynamic pricing strategies outperform fixed rates by automatically adjusting for:

• Lead time before booking
• Current demand fluctuations
• Competitor occupancy rates
• Historical performance data

What is MadeComfy's short-term rental pricing strategy?

‍MadeComfy combines AI-powered dynamic pricing with local market expertise, harnessing over 80 million data points to optimise rates. Our system adjusts for micro-seasonality, special events, and booking patterns while maintaining your property's competitive positioning across platforms.

Should I offer discounts for longer stays?

‍Weekly and monthly discounts (10-25%) often improve occupancy while reducing turnover costs. However, avoid excessive discounts during peak periods when nightly rates generate better returns. Structured properly, longer stays provide more stable income with less maintenance.