If you're considering renting out your property on a short-term basis in Sydney, it's important to choose the right neighborhood. From location and amenities to local attractions and potential demand, there are several factors to consider when selecting the best neighborhood for your short-term rental property. Here are a few top neighborhoods to consider in Sydney:
- Darlinghurst: Located just east of the CBD, Darlinghurst is a vibrant and trendy neighborhood that is popular with travelers. It's known for its lively nightlife, diverse dining scene, and close proximity to popular attractions like the Art Gallery of New South Wales and the Sydney Opera House. With a mix of apartments, townhomes, and houses, Darlinghurst is a great choice for a variety of short-term rentals.
- Bondi Beach: Located just a few miles east of the CBD, Bondi Beach is one of Sydney's most iconic neighborhoods. It's known for its beautiful beach, lively atmosphere, and abundance of dining and shopping options. Bondi Beach is a popular destination for travelers, and short-term rentals in the area tend to have high occupancy rates.
- Manly: Located on the northern shore of Sydney Harbour, Manly is a popular destination for travelers who want to experience the city's beautiful beaches and laid-back atmosphere. The neighborhood is known for its oceanfront promenade, surf breaks, and abundance of dining and shopping options. Short-term rentals in Manly tend to have strong demand, particularly during the summer months.
- Potts Point: Located just east of the CBD, Potts Point is a vibrant and chic neighborhood that is popular with travelers. It's known for its lively nightlife, diverse dining scene, and close proximity to popular attractions like the Art Gallery of New South Wales and the Sydney Opera House. Potts Point is a great choice for short-term rentals, with a mix of apartments, townhomes, and houses.
- Surry Hills: Located just south of the CBD, Surry Hills is a trendy and vibrant neighborhood that is popular with travelers. It's known for its lively nightlife, diverse dining scene, and close proximity to popular attractions like the Art Gallery of New South Wales and the Sydney Opera House. Short-term rentals in Surry Hills tend to have strong demand, particularly during the summer months.
Overall, there are many great neighborhoods in Sydney for short-term rentals. By choosing the right neighborhood and maximizing your earnings with the help of a property management company like Uptown Apartments, you can make the most of your short-term rental property investment.