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Airbnb Revenue Management Monash
VictoriaMore bookings at better rates in Monash.
Glen Waverley is a steady, year-round suburban market with a summer rise from December to February and a winter lift in July, fed by family groups, longer work and study stays and short breaks. WTP prices every night by demand while the owner keeps running the property and their accounts.
- One listingPricing and listing done for you$150 a month first 3 monthsThen $250 a month, GST incl. Daily pricing, listing fixes, check-ins and monthly results.See the full price
- More listingsCheaper for every extra listing$200 each listings 2–10Then $100 each for 11–20, $75 each for 21–50 and $40 each for 51+. GST incl.Work out your fee
- The Monash marketPriced from live data$173 a night 49% occupancyAbout $30,696 per listing over 12 months across 377 Monash short stays.See the Monash numbers
In Monash we offer
Airbnb revenue management in Monash
What an Airbnb earns in Monash
Quick answer
What does an Airbnb earn in Glen Waverley?
Short stays within about 4 km of Glen Waverley charge a typical $173 a night at 49% occupancy, which adds up to about $30,700 in revenue per listing over the last 12 months. July was the strongest month ($172 a night, 57% occupancy, $3,052 per listing) and October the weakest (42% occupancy, $2,144 per listing). One-bedroom places averaged $102 a night, two-bedroom $192 and three-bedroom $219. These are market estimates from IntelliHost Market Data, not booking records.
- Listings tracked
- 377
- Average nightly rate
- $173
- Occupancy
- 49%
- Revenue per listing, 12 months
- $30,696
What you get
The part of hosting that decides how much you earn
You keep doing the day-to-day. We handle the pricing and the listing, using live market data.
- Dynamic pricing set up properly
Base rates, seasons, weekends, events and last-minute rules set up in your own pricing software.
- Prices checked against the market
Your rates compared with similar homes nearby, so you’re never too cheap or too dear.
- Listing optimisation
Title, photo order, description, amenities and settings improved to win more clicks and bookings.
- Discounts and stay rules
Weekly and monthly discounts and gap nights tuned to fill the calendar.
- Regular check-ins
Meetings to go through results, guest feedback and what to change next.
- Monthly results
A clear report on what we changed, why, and what it did to your bookings.
Who does what: what we run, and what stays with you
We run, remotely
- Nightly pricing
Daily rate updates for season, events, lead time and gaps, with minimum and maximum prices you approve.
- Listing optimisation
Titles, photo order, descriptions and amenities written for the guests who book your area.
- Channels
Airbnb, Booking.com and Vrbo connected through one system, so the calendar is never double booked.
- Reviews and reporting
Review responses, monthly results and a plain-English plan for next month.
You keep
- Your accounts
Your Airbnb, Booking.com and bank accounts stay in your name.
- Guests on arrival
Check-in, keys and anything the guest needs on the ground.
- Cleaning and maintenance
Your cleaners and tradespeople, working from the shared booking calendar.
- Local registration
Any registration, permit and local tax filings.
How we set your Airbnb prices
Airbnb pricing, explained
How we set your Airbnb prices
Good Airbnb pricing isn’t one number. It’s a price for every night, set by how many guests want that date, plus the rules around it. This is the Airbnb pricing strategy we run for every revenue management client, in PriceLabs, in your name.
- 1Start from what guests really pay
We compare your home with similar homes nearby on the full guest total for a real 2-night stay, cleaning included, not just the nightly rate. That sets your base price and the minimum price your nights won’t drop below.
- 2Price every night by demand
Weekends, school holidays, public holidays and local events go up; quiet mid-week nights are priced to fill. Prices move every day as dates get closer and bookings come in. That’s dynamic pricing.
- 3Set stay rules that match how guests book
Most guests book Friday to Sunday, so minimum stays, gap-night and last-minute rules are set to fill the calendar without leaving single nights nobody can book.
- 4Check, explain, adjust
The same prices go to Airbnb, Booking.com and Vrbo through your channel manager. We compare the results with homes nearby, change what isn’t working and explain every change in your live revenue portal.
Airbnb Smart Pricing or PriceLabs on its own will move your prices, but how well it works depends on its settings. A revenue manager decides those settings and checks them against the market. Want the detail? Read how to set your Airbnb base rate, setting a minimum price by market percentile and how Airbnb decides which listings show first, or estimate what your home could earn.
Who we help: sound familiar?
Who we help
Sound familiar?
- Your calendar has gaps between the busy weekends
We tune mid-week prices, minimum stays and gap-night rules so the quiet nights fill too, not just peak season.
- Your peak nights sell out months ahead
That usually means they’re too cheap. We lift prices where demand is strong and let them settle as the date gets closer.
- Your prices haven’t changed since you set them
Ours change every day from live market data, local events and school holidays, and every change comes with the reason.
- You’re relying on Airbnb’s Smart Pricing
We run PriceLabs in your name with your own minimum price, seasons and events, and send the same prices to Booking.com and Vrbo.
- Your listing is buried in search
Title, photo order, description and amenities are rewritten from your listing’s own search, click and booking data, then checked again.
- You don’t have time to watch the market
We do it every day. You keep running the home your way, and see every booking and price in your live revenue portal.
Rather hand over everything? See full Airbnb management.
You stay in charge
Yours to keep
You stay in charge
- Your accounts
Your listings, booking system and pricing software stay in your name.
- Your decisions
We suggest and explain each change. You stay in charge of your home.
- Your team
Keep your own cleaners, family or team running the day-to-day.
- Clear reasons
Every change comes with why we made it and what we expect it to do.
How it starts: four steps, all online
- 1Earnings estimate
Enter your address and see what homes like yours around Monash earn. Free.
- 2Connect
You give us access to your channels. Your accounts stay yours.
- 3Set up
Pricing rules, listing rewrite and channel settings, agreed with you first.
- 4Run
Daily pricing, a monthly report, and a review call whenever you want one.
Free tools: quick answers before you call
Free tools
Quick answers before you call
- What could my home earn?A free Airbnb income estimate from real listings near you. About 1 minute, emailed to you.Estimate my income
- What would I pay you?Pick how many listings you have and see your monthly fee straight away.Work out my fee
- Want us to run it all?Full management from 12.5% down to 3% of what it earns. Not ready yet? Our Renovation tier is $200 a month.See full management
The price
Revenue management fees in Monash
Monthly, per listing. The more listings, the less each one costs. All fees include GST.
How many listings do you want us to price?
Monthly fee for 1 listing. The first listing costs the most and each extra listing costs less. Prices include GST. Pricing software (about US$20 a month) and a channel manager (about US$55 a month, if you don’t have one) are paid separately, in your name.
The intro offer saves you $300 in your first 3 months.
Every tier, per listing
Current offer: your first 3 months are $150 a month for one listing and $125 a month each for listings 2–10, then the normal price above. All prices include GST.
Paid separately, in your name
- Pricing software, about US$20 a month
- Channel manager, about US$55 a month, if you don’t already have one
- Guests, cleaning and maintenance stay with you
Work out your own number
Put in how many listings you have and see your monthly fee.
Open the fee calculatorWant it all done? Full management is $340 a month for the first 3 months, then a percentage of what your home earns.
Is your Monash home earning what it should? Get the free estimate
Enter the address and see what similar holiday homes around Monash earn in a year, then compare it with what yours made.
- Yearly gross estimate from homes like yours nearby
- Nightly rate and occupancy month by month
- Where the gap comes from rate, occupancy or both
The Monash year
Every month books differently, so every night is priced differently
What short stays within 4 km of Monash earned over the last 12 months, by month, bedroom count and day of the week.
How many bedrooms? Pick one or more
All 377 Monash listings, every size: $173 a night · 49% occupancy · $84 per available night · $30,696 per listing a year · booked 30 days ahead (median).
Source: IntelliHost Market Data, 377 short-stay listings within 4 km of Monash, computed 24 October 2026. Market estimates, not booking records. Figures in AUD.
Each month against the 12-month averagefollows your pick
See every bedroom count in one table
| Size | Revenue, 12 months | Nightly rate | Occupancy | Per available night | Listings |
|---|---|---|---|---|---|
| 9 bedrooms | — | — | — | — | 0 |
| 8 bedrooms | — | — | — | — | 0 |
| 7 bedrooms | — | — | — | — | 0 |
| 6 bedrooms | — | — | — | — | 0 |
| 5 bedrooms | $38,023 | $300 | 36% | $107 | 14 |
| 4 bedrooms | $33,426 | $262 | 35% | $91 | 48 |
| 3 bedrooms | $34,210 | $219 | 43% | $93 | 59 |
| 2 bedrooms | $35,065 | $192 | 50% | $96 | 90 |
| 1 bedroom | $22,021 | $102 | 59% | $60 | 83 |
| Studio | $15,858 | $68 | 63% | $42 | 79 |
Grey rows: fewer than 10 listings, so no figures are reported.
Asking rate by day of the week
Forward asking rates across all Monash listings (not split by bedroom count).
Who books in Monash3 guest groups
Families and multi-generation groups
Families and extended groups of 4-8 or more staying 3-7 nights in a roomy, well-equipped home, often for a milestone or a get-together across generations.
- Several bedrooms with ensuites
- A full kitchen and laundry with washer and dryer
- Big living and outdoor areas
Often missing: Dishwasher, Dryer, Heating, Washer
Longer stays for work, study or relocation
Solo travellers, couples and small families staying one to two months or more for work placements, university study or a move, who want good value close to transport and work.
- Close to Monash University or a train or bus
- A quiet, safe street for working or studying
- A self-contained room or flat with laundry and a full kitchen
Often missing: Long term stays allowed, Dedicated workspace, Washer, Wifi
Couples and small groups on short breaks
Couples and groups of 2-3 on 2-4 night weekend or leisure trips who want a clean, homely place close to shopping, dining and transport.
- Close to The Glen, restaurants and public transport
- Clean, modern rooms with comfy beds and good linen
- A private entrance and quiet surroundings
Often missing: Private entrance, Dedicated workspace, TV, Wifi
From guest reviews in the IntelliHost market report.
Monash short-stay rules
Monash short-stay rules at a glance
You keep the registration and any approval in your name. We price within the nights your home is allowed to take. Checked against official sources on 31 October 2026.
See all VIC short-stay rules: 10 topics
Requirements for Airbnb in Monash
The current state, council and property checks, with official sources. Tap a topic to open it.
01Owner checksOwnership, finance, insurance and authority to operate
- Confirm ownership, finance, insurance and authority to operate the property as short-term accommodation.
02Do I need a Victoria Airbnb registration or listing number?NO
Victoria does not have a statewide Airbnb property registration or listing-number scheme.
Levy registration is a separate tax obligation. An owner or tenant accepting eligible direct bookings may need to register with the State Revenue Office, while a booking platform generally handles the levy for platform bookings.
Official sources: Official government source
03Is there a Victoria short-stay levy or tax?YES
Victoria imposes a 7.5% short-stay levy on eligible bookings of less than 28 consecutive days.
- The booking platform generally pays for platform bookings
- The owner or tenant pays for eligible direct bookings
- Principal-place-of-residence stays are generally excluded
- A stay of 28 days or more is outside the short-stay levy definition
Official sources: Official government source
04Are there different rules for hosted and unhosted Airbnbs?YES
HOSTED AIRBNB
Principal-place-of-residence accommodation is treated differently for the state levy and owners-corporation short-stay restrictions.
UNHOSTED AIRBNB
Eligible non-principal-residence short stays can be subject to the 7.5% levy. An owners corporation may ban short stays in non-principal-residence lots by special resolution, but cannot apply that ban to a lot used as the owner or occupier's principal residence.
Council registration and planning requirements remain separate.
Any council-specific approval or operating requirement belongs under the council-level section.
Official sources: Official government source
05Is there a minimum stay or annual night cap?NO
VICTORIA LEVEL
NO
Victoria has no statewide Airbnb minimum stay or annual booking-night cap.
The less-than-28-day threshold defines the state levy and owners-corporation short-stay provisions. It is not a minimum stay, annual cap or maximum lawful booking duration.
MONASH CITY COUNCIL LEVEL
NO
No published Monash City Council rule has been identified that imposes a universal Airbnb-specific minimum stay or annual booking-night cap on ordinary private residential properties. Property-specific approvals can still impose conditions.
Any minimum rental periods applying to council-owned accommodation, staff housing, campsites or other authority-provided accommodation are service conditions. They are not private Airbnb restrictions.
Official sources: Official government source
06Do I need Monash City Council approval or a DA?NO
CONDITIONAL — Victoria has no blanket STRA planning-permit rule. Council must check the local planning scheme, existing lawful use and works. If a use-solely permit is required, the 2026/27 statutory application fee is $1,537; extras may apply and approval can vary.
Monash City Council checks:
- Check — Hosted or unhosted treatment: State unruly-party laws apply to short stays under 28 days in affected owners-corporation settings.
- No — Guest limit: No statewide STRA guest cap identified.
- No — Parking plan or condition: No statewide STRA parking quota.
- Check — Noise management: Guests must not create unreasonable/excessive noise or interfere with residents.
- No — Property or management plan: No statewide management-plan mandate for every STRA.
- No — Neighbour notification or contact: No statewide requirement to give neighbours a manager’s phone number.
- No — Waste plan: No statewide STRA waste plan identified.
- Check — Fire or evacuation requirements: Building/fire requirements depend on classification, works and permit.
General noise, nuisance, parking, building, fire, strata, title, lease and insurance requirements still apply even when there is no blanket authority approval.
Official sources: Official government source
07Is there a Monash Airbnb development-application fee?NO
There is no standard Monash Airbnb development-application fee applying to every owner.
EXACT STATE FEE CLASS — $1,537 for a use-solely planning permit application in 2026/27 (89 fee units). Other classes, amendments and development costs have different fees.
If an individual property requires a development application, solely the fee applying to that specific application should be shown.
Official sources: Official government source
08Do I need a Monash registration or permit number?NO
Monash City Council does not have a published Airbnb-specific registration or permit-number scheme separate from any state or territory requirement and from a property-specific development approval.
Official sources: Official government source
09Does Monash charge an Airbnb registration or renewal fee?NO
No published Monash Airbnb-specific registration, listing, annual renewal, inspection or operating-permit fee has been identified. General authority fees unrelated to Airbnb must not be displayed as short-stay fees.
Official sources: Official government source
10Is there a Monash short-stay levy or tax?NO
No Monash City Council tax or levy specifically charged on Airbnb or short-stay bookings has been identified.
This is separate from the state or territory levy answer under number 03.
Official sources: Official government source
Included for every client · the live revenue portal
Your property’s performance, live
Real-time bookings, earnings and prices, and how you compare with homes nearby.
See a real client’s portalSee how the portal works
Every client gets our live revenue portal: real-time bookings, earnings and prices, and how you compare with homes nearby. It learns from every pricing change we make, so your pricing gets better the longer you’re with us.
Areas we service
Revenue management areas we service in Monash
See every area we service in Monashwith search
- Monash14 areasAreas include Ashwood, Burwood (part), Chadstone, Clayton, Glen Waverley, Hughesdale, Huntingdale, Mount Waverley
View council guide
+ 6 more
Mulgrave, Notting Hill, Oakleigh, Oakleigh East, Oakleigh South (part), Wheelers Hill.
Nothing in the list above matches. Pricing and estimates work for any address, so get in touch.
Pricing is done online, so we can work with a holiday home anywhere nearby. The earnings estimate works for any address.
Common questions
Airbnb revenue management in Monash: questions owners ask
What is Airbnb revenue management?
Setting the right price for every night, and the right minimum stay, so the home earns the most over the year rather than just filling dates. It also covers the listing content and channels that decide how many guests see the price.
How does WTP price an Airbnb in Monash?
Every month, and every night within it, is priced on its own demand: school holidays, events, weekends and the quiet weeks in between, never a few flat seasons. Prices are reviewed every day against what similar homes nearby are booking for.
Do I keep control of my Airbnb account?
Yes. Your listings and accounts stay in your name, and you approve the minimum and maximum prices we work within.
Can Wealth Through Property fully manage my home in Monash?
Yes. If you would rather hand everything over, our full Airbnb management service covers Monash.
Is there an intro offer for revenue management in Monash?
Yes. Your first 3 months are $150 a month for one listing and $125 a month each for listings 2 to 10, then the normal price of $250 a month for the first listing and $200 each for listings 2 to 10. The intro offer saves $300 on one listing in the first 3 months. All prices include GST.
How much does Airbnb revenue management cost in Monash?
Your first listing is $150 a month for the first 3 months, then $250 a month. Listings 2 to 10 are $200 each a month, 11 to 20 are $100 each, 21 to 50 are $75 each and 51 or more are $40 each. All prices include GST. Pricing software (about US$20 a month) and a channel manager (about US$55 a month, if you don’t have one) are paid separately, in your name.
Is PriceLabs worth it for one Airbnb listing in Monash?
PriceLabs costs about US$20 a month, and it can be worth it for a single listing when its settings suit your home. The software works as well as it is set up. WTP is a verified PriceLabs Revenue Management Partner and sets it up in your name, using your minimum price, seasons and local events.
Does Airbnb Smart Pricing work, or should I use PriceLabs in Monash?
Airbnb Smart Pricing and PriceLabs both move your prices, but how well either works depends on its settings. A revenue manager chooses those settings and checks them against similar homes nearby. WTP runs PriceLabs in your name, with your own minimum price, seasons and events, and sends the same prices to Booking.com and Vrbo.
Show 7 more questionsShow fewer questions
How much does an Airbnb earn in Monash?
A typical short stay within 4 km of Monash charges $173 a night at 49% occupancy, about $30,696 in revenue per listing over 12 months across 377 listings. Studios average $68 a night, one-bedroom homes $102, two-bedroom homes $192, three-bedroom homes $219 and four-bedroom homes $262. These are IntelliHost market estimates computed 24 October 2026, not booking records.
Do I need approval to run an Airbnb in Monash?
Often no, but check first. Victoria has no blanket statewide Airbnb planning-permit rule, so Monash City Council checks the local planning scheme and your existing lawful use. If a use permit is required, the 2026/27 state fee for the application is $1,537. A 7.5% short-stay levy applies to eligible bookings under 28 consecutive days: the booking platform generally pays it on platform bookings and the owner pays it on eligible direct bookings. Strata, lease and insurance rules still apply. Rules were checked against official sources on 31 July 2026.
What is the difference between revenue management and full Airbnb management in Monash?
With revenue management WTP sets your nightly prices, improves your listing and sends a monthly report, while you keep guests, cleaning, maintenance and your accounts. Full management hands everything over, with fees from 12.5% down to 3% of what your home earns. Full management also covers Monash.
Why is my Airbnb in Monash not getting bookings?
The usual causes are gaps between busy weekends, prices that never change, relying on Smart Pricing, or a listing buried in search. WTP tunes mid-week prices, minimum stays and gap-night rules, then rewrites the title, photo order and description from your listing's own search, click and booking data.
Who books Airbnbs in Monash?
IntelliHost guest reviews show three main groups: families and multi-generation groups (35% of trips, about 5 nights), longer stays for work, study or relocation (30%, about 30 nights) and couples and small groups on short breaks (28%, about 3 nights). Minimum stays, amenities and check-in are set up to suit each group.
When is the best month for an Airbnb in Monash?
July was the strongest month at $3,052 per listing over the last 12 months, at $172 a night and 57% occupancy, and October the weakest at $2,144 and 42% occupancy. Forward asking rates run about $236 on Friday and Saturday against $215 on other nights, so weekends and events lift prices more than a flat rate would.
Can you price my Airbnb in Glen Waverley, Clayton or Oakleigh?
Yes. Pricing is done online, so WTP can work with a home anywhere in the Monash area, including Glen Waverley, Clayton, Oakleigh, Mount Waverley, Chadstone, Mulgrave, Notting Hill and Wheelers Hill. Your listings and accounts stay in your name, and the free earnings estimate works for any address.
Revenue management near Monash4 areas
Sources used for this page
Sources used for this page
- Official government source
- sro.vic.gov.au
- www.planning.vic.gov.au
- www.frv.vic.gov.au
- www.sro.vic.gov.au
- www.sro.vic.gov.au
- www.monash.vic.gov.au
- www.gazette.vic.gov.au
- www.vic.gov.au
- www.monash.vic.gov.au
- www.abs.gov.au
- www.abs.gov.au
- IntelliHost Market Data (market estimates, computed 24 October 2026)
Last reviewed 24 October 2026 (market data); rules checked 31 October 2026. Rules, fees and interpretations can change. Confirm the exact property with the relevant authority before advertising or accepting bookings.
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