Holiday letting in the Blue Mountains NSW

Viewing 4 posts - 1 through 4 (of 4 total)

playmoney
Member
@playmoney
Join Date: 2004
Post Count: 1
July 24, 2006 - 1:53 am
Hi,
I’m looking at the option of Holiday Letting a property in Wentworth Falls in the Blue Mountains and was wondering whether anyone could give opinions and experiences if you have done the same thing. I’m especially interested to know how you can get accurate vacancies rates for holiday letting.
anything would be appreciated,
thanks
Ol Painting
Member
@ol-painting
Join Date: 2003
Post Count: 123
August 11, 2006 - 8:18 am
Don’t have a personal experience, but a friend of mine was renting her Blue Montains property over the eBay on short lease untill she sold it.
She had almost double rent, but had to organise a house keeping, etc.
Cheers,

Lesia
http://www.ol-painting.com.au
mopsyblossom
Member
@mopsyblossom
Join Date: 2003
Post Count: 38
September 13, 2006 - 2:23 am
I do a Shortstay (www.shortstay74.com.au)in Newcastle hunter area. $120per night double (2 people)+ $15.00 for each extra person/child. Sleeps 9 people, 3 br,2bath,lounge,library,kitchen, verandah,big yard.I charge a $60.00 cleaning fee which is instantly refunded if premises left relatively clean & tidy (eg: no rubbish,bottles inside) I clean for overnights, and get a cleaner at $60 flat rate to clean for longer stays. Currently booked out until Christmas – easy peasy – run from mobile phone and website.
lindybee
Participant
@lindybee
Join Date: 2002
Post Count: 8
September 30, 2006 - 10:27 pm
Hi Playmoney
I have done short term leting for the past 3 years in inner Brisbane, have found it to be well worth it as long as you don’t mind the hands on approach – it’s not a set and forget type of business. If you make it a pet friendly place then you will open up your vacancies a lot – there is a hideous undersupply of pet friendly properties, and I have never had an issue with pets.
For vacancy rates, ring the local real estate agents who do letting, they should be able to give you correct info for your area. Also, sites like stayz.com.au and takeabreak.com.au have calendars so you can sticky beak at the competition and see how full they are.
Happy to share info – you can also have a look at my website http://www.homelyhouses.com.au. I am actually in the process of putting together a system so that people who want to start this kind of thing can join a larger “group” – so if you want more info on this or anything, let me know. Send an email is fine.
Good luck!
Lindy
visit Homely Houses – short term solutions for real people
http://www.homelyhouses.com.au