Luxury homes earning $100k per week in summer rental boom - realestate.com.au

[ad_1] <img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089691" loading="eager" decoding="async" aria-describedby="caption-attachment-1089691" data-capiid="28d67d39679692e8dc8e472844caaf7d" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="artwork luxury summer 20205 aussie rentals - for herald sun real estate"/> Luxurious property rental enterprise Luxico’s workers star in Billion Greenback Playground (centre) whereas a few of their listings, on the Gold Coast (left) and in Byron Bay (proper) might be rented for hundreds of {dollars} per evening. Photos: Equipped/Luxico.

Australian wealthy listers are profiting from their grand houses by renting them out for as much as $100,000 per week throughout summer season.

Deluxe properties together with homes and penthouses throughout the nation’s capitals and coastal areas are incomes up sums of as much as $10,0000, and even $15,000 per week, because the climate heats up.

Luxico founder and managing director Alexandra Ormerod established the luxurious property rental enterprise alongside her husband Tom, in 2013.

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They've listings throughout Victoria, New South Wales and Queensland, with plans to launch choose houses in South Australia, Western Australia and Tasmania quickly.

Since beginning out, their firm has featured within the actuality sequence Billion Greenback Playground which follows Luxico workers as they fulfil the requests of ultra-rich friends who keep of their spectacular listings.

The present, which aired on Foxtel’s Binge streaming service, is about to shoot its second season in 2026.

Luxico high-end houses have additionally been used because the backdrop for a number of actuality tv sequence and movies, in main promoting campaigns and appeared in magazines like Vogue Residing and Belle.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089670" loading="eager" decoding="async" aria-describedby="caption-attachment-1089670" data-capiid="17246eb3fdaf3e7078b9807be5be04aa" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="Piccadilly House, Coopers Shoot, Byron Bay region - for herald sun real estate. Rent for $8300 per night through Luxico.com.au. Picture: Luxico."/> A Luxico itemizing often known as Piccadilly Home, in NSW’s Byron Bay area, might be rented from $8300 per evening. Image: Equipped/Luxico.

Luxico founder and managing director Alexandra Ormerod says the corporate is concentrated on hyper-personalisation and the curation of distinctive experiences, tailor-made to friends.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089672" loading="eager" decoding="async" aria-describedby="caption-attachment-1089672" data-capiid="74893ee36a53d0c67ceb8b1bd7b39c5f" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="Balmoral Golden Mile Luxe, Mosman - for herald sun real estate. Rent for $9500 per night through Luxico.com.au. Picture: Luxico."/> The Balmoral Golden Mile Luxe house in Mosman., Sydney, which might be leased from $9500 per evening. Equipped/Luxico.

The ABC program Whole Management starring Deborah Mailman and Rachel Griffiths was filmed at considered one of Luxico’s Sydney pads, whereas one other NSW property was used within the comedic drama sequence Strife with Asher Keddie.

A few of Luxico’s high-profile friends have included superstar couple David Beckham and Victoria Beckham, and former world primary tennis participant Novak Djokovic.

Ms Ormerod stated Melbourne and the Mornington Peninsula in Victoria, Sydney and Byron Bay in NSW and QLD’s Brisbane and Noosa have been essentially the most in-demand Aussie places in summer season, because of the seashores, tradition and culinary scene on provide in every vacation spot.

The Choose in Portsea, on the Mornington Peninsula, Victoria, is a five-bedroom home the place friends can keep from $4950 per evening. Equipped/Luxico.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089674" loading="eager" decoding="async" aria-describedby="caption-attachment-1089674" data-capiid="3096d5add60c4ffcd434de3757844142" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="Saint Moritz Penthouse, St Kilda - for herald sun real estate. Rent for $8300 per night through Luxico.com.au. Picture: Luxico."/> The six-bedroom Saint Moritz Penthouse in St Kilda, Melbourne, that includes a champagne bar, cocktail bar, media room, video games room and swimming pools, is on the market to lease from $8300 per evening. Equipped/Luxico.

Greater than 90 per cent of the corporate’s listings earn $10,000 or extra per week throughout peak summer season durations – a sum increased than the Australian median full-time $88,400 wage, based on the Australian Bureau of Statistics.

“Melbourne and Sydney’s premium houses exceed $20,000 per week throughout peak season, Brisbane luxurious houses usually vary from $10,000 to $20,000,” Ms Ormerod stated.

Their most unique listings can command greater than $100,000 per week – equating to $15,000-plus per evening – in peak season.

Nonetheless, some listings can be found to lease for 3 figures per evening, as opposed figures of $1000-plus.

In an effort to earn $10,000 or extra every week, houses should fulfil a number of key standards akin to being in a chief location and having 4 or extra bedrooms, designer interiors, a pool and out of doors entertaining space, Ms Ormerod famous.

Options akin to panoramic views or direct seashore entry are additionally useful.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089675" loading="eager" decoding="async" aria-describedby="caption-attachment-1089675" data-capiid="71a9a3d7cd46e9ceed660ca88c030bd0" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="Balmoral Golden Mile Luxe, Mosman - for herald sun real estate. Rent for $9500 per night through Luxico.com.au. Picture: Luxico."/> The Balmoral Golden Mile Luxe property’s gorgeous pool. Equipped/Luxico.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089676" loading="eager" decoding="async" aria-describedby="caption-attachment-1089676" data-capiid="6346d86a3b2dc30b59c7fdd626338888" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="Brisbane Sky Home, Kangaroo Point - for herald sun real estate. Rent for $1500 per night through Luxico.com.au. Picture: Luxico."/> Named the Brisbane Sky Dwelling and that includes a north-facing balcony fitted with an automatic drop-down bar and Vintec wine fridge, this house might be leased from $1500 per evening. Image: Equipped/Luxico.

Actor Asher Keddie starred in a present Strife that was filmed at a Luxico itemizing in NSW. Image: Equipped.

Luxico solely lists professionally-managed properties and people with on-site managers, to make sure that houses are ready to the best potential requirements.

“We’re all about personalisation, our concierge staff handles all particular visitor requests and particular touches — whether or not it’s a mattress improve, personal chef, or curated native experiences,” Ms Ormerod stated.

“We as soon as flew a selected mattress in from abroad for a celeb visitor.”

In the intervening time, Luxico is on the lookout for Soho-style lofts, massive household houses and sprawling estates in places akin to Bondi Seaside and Paddington in NSW, Mermaid Seaside and Burleigh in QLD, and South Yarra, Malvern and Portsea in Victoria so as to add to its portfolio.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089678" loading="eager" decoding="async" aria-describedby="caption-attachment-1089678" data-capiid="0e820ab43174fa6970917aa6b40236b9" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="Piccadilly House, Coopers Shoot, Byron Bay region - for herald sun real estate. Rent for $8300 per night through Luxico.com.au. Picture: Luxico."/> Described as a European-inspired manor, Piccadilly Home in Byron Bay provides ocean and hinterland views and might be rented from $8300 per evening. Image: Equipped/Luxico.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089679" loading="eager" decoding="async" aria-describedby="caption-attachment-1089679" data-capiid="f0fbf473dcc6ad474622ae94ba17dc21" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="Sky High Estate, Upper Coomera, Gold Coast - for herald sun real estate. Rent for $2850 per night through Luxico.com.au. Picture: Luxico."/> The Sky Excessive Property on the Gold Coast the place friends can keep from $2850 per evening. The minimal reserving timeframe for the house should be 90 days or extra. Image: Equipped/Luxico.

Most properties should be obtainable yr spherical whereas some properties can have seasonal availability, with owners capable of inquire by way of Luxico’s web site.

“All houses must be effectively maintained and visitor prepared, so hosts have to be ready to pack up all private gadgets and muddle to supply a five-star expertise,” Ms Ormerod stated.

The weekly rental charges are set by the property supervisor or host, however Luxico will present steerage in the event that they really feel the charges should not in step with different properties in the identical space.

Virtually half of Luxico’s visitor hail from nations exterior Australia with worldwide bookings, from locations such because the US, UK and Singapore, rising in peak seasons.

Most of the firm’s priciest listings can e book up six to 12 months prematurely notably throughout Christmas and the New Yr.

Billion Greenback Playground, starring Luxico workers, will movie its second season in 2026. Image: Equipped.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089681" loading="eager" decoding="async" aria-describedby="caption-attachment-1089681" data-capiid="c98fa2a7ad74d06387a7a35a7b90d709" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="Aireys Escape, Aireys Inlet - for herald sun real estate. Rent for $2800 per night through Luxico.com.au. Picture: Luxico."/> This six-bedroom home, named Aireys Escape, on Victoria’s Nice Ocean Rd might be rented from $2800 per evening. Image: Equipped/Luxico.

Abercrombys new enterprise and leasing govt, Paul Tunney, stated the company has a collection of Melbourne houses obtainable as brief to longer-term rental lodging, normally priced between $3000 to $10,000 per week, in suburbs akin to Toorak, Hawthorn and Armadale.

These choices are usually furnished penthouses or renovated five-bedroom houses with swimming swimming pools, and are largely listed off-market.

Certainly one of their $10,000-per-week Toorak properties options formal and informal dwelling areas, a kitchen fitted with Gaggenau home equipment, a sauna, gymnasium and terrace looking to the pool and tennis courtroom.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089682" loading="eager" decoding="async" aria-describedby="caption-attachment-1089682" data-capiid="771a69ec8c0adb98f80122aa3f8d47a2" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="5 Grosvenor Court, Toorak - for Herald Sun real estate"/> This Toorak, Melbourne, home might be leased for $10,000 per week via the Abercrombys actual property company.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089683" loading="eager" decoding="async" aria-describedby="caption-attachment-1089683" data-capiid="e6025487572f084b36adeee770b47c37" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="5 Grosvenor Court, Toorak - for Herald Sun real estate"/> The spectacular house has six bedrooms and 5 bogs.

Mr Tunney stated the company’s rental shoppers typically got here from abroad, together with returning expatriates and enterprise bigwigs.

“You’ll get some shoppers who would possibly lease one thing brief time period for the Method One, or for the tennis,” Mr Tunney stated.

“Others would possibly come from Sydney for a six-month challenge, and then you definately’ve bought shoppers which might be right here for a few years as effectively.”

A few of the properties obtainable for lease have been listed by homeowners who've gone interstate or opted for a tree-change or sea-change, however who wished to retain their metropolis residence, he added.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089684" loading="eager" decoding="async" aria-describedby="caption-attachment-1089684" data-capiid="68150621e764cc19cc15a11f4622a78c" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="Fitzroy's 3BR Luxury Retreat, rent for $1701 for three nights via Airbnb in Dec 2025. Picture: Supplied/Airbnb. For herald sun real estate"/> An Airbnb property, often known as the 3BR Luxurious Retreat, in Fitzroy, Melbourne, was listed as costing $1701 to remain for 3 nights in December 2025. Image: Equipped/Airbnb.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089685" loading="eager" decoding="async" aria-describedby="caption-attachment-1089685" data-capiid="6044585db6208b833ff54647a32ba1a4" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="Palm Pavilion: architectural rainforest retreat, Church Point, Sydney - stay $3928 for nights, Jan 2026, via Airbnb. Picture: Supplied/Airbnb. For herald sun real estate."/> The Palm Pavilion rainforest retreat in Church Level, Sydney, the place friends might keep for $3928 for 3 nights, in January 2026. Image: Equipped/Airbnb.

Some Aussie listings supplied by international short-term rental lodging and native experiences web site Airbnb additionally earn greater than $1000 per evening in peak durations, in places together with Melbourne, Sydney, Brisbane and Adelaide.

The corporate’s Australia and New Zealand nation supervisor, Susan Wheeldon, stated internet hosting on Airbnb might assist Australians offset their very own journey prices this summer season.

“With so many Australians heading away, you'll be able to simply listing your house with the help of a co-host, it’s the perfect aspect hustle with out the trouble,” Ms Wheeldon stated.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089686" loading="eager" decoding="async" aria-describedby="caption-attachment-1089686" data-capiid="218b3de3db389ed1ed4149d68623db8e" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="Very Private Luxury House, New Farm, Brisbane - available for rent $3185 for two nights Jan 2026. For herald sun real estate. Picture: Supplied/Airbnb."/> The “Very Personal Luxurious Home” in New Farm, Brisbane, obtainable to lease for $3185 throughout two nights in January 2026. Image: Equipped/Airbnb.

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089687" loading="eager" decoding="async" aria-describedby="caption-attachment-1089687" data-capiid="2099585364965e38acf6ff4683e32770" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="Sand Road Estate, McLaren Vale, Adelaide - stay $3643 for two nights via Airbnb. Picture: Supplied/Airbnb. for herald sun real estate."/> The Sand Street Property, McLaren Vale, Adelaide. Two nights’ keep can price about $3643. Image: Equipped/Airbnb.

Airbnb’s Co-Host Community helps hosts, who go away themselves, to search out an skilled co-host to assist handle their itemizing.

Ms Wheeldon stated that well-known vacation spots might anticipate sturdy demand all through the summer season.

“Group journey makes extra premium stays, akin to beachfront properties or houses with personal swimming pools, extra inexpensive,” she added.

A 2025 Airbnb inside survey discovered that 70 per cent of hosts used their earnings from the platform to assist cowl mortgages and payments.

A CO-HOST’S EXPERIENCE <img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089688" loading="eager" decoding="async" aria-describedby="caption-attachment-1089688" data-capiid="6c99c338236e8b88330ddd725647afab" width="768" height="1024" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 768 1024"%3E%3C/svg%3E" srcset="" alt="Elisa Tang, Airbnb co-host. Listing: Harbour & Opera House Views 3BR Luxe, Sydney. Picture: Supplied/Airbnb. For herald sun real estate."/> Airbnb co-host Elisa Tang runs the boutique luxurious property administration firm Cove Curation. Image: Equipped/Airbnb.

Airbnb co-host Elisa Tseng launched the boutique luxurious property administration firm Cove Curation, which manages a portfolio of premium short-term rental houses primarily in Sydney’s Decrease North Shore and Northern Seashores, in 2024.

Cove Curation companions with owners to fashion, market, and handle their properties as high-end short-term leases.

Ms Tang stated began out as an Airbnb host about eight or 9 years in the past, together with in her own residence.

“One visitor that stands out was a German funding banker on a mid-career sabbatical,” Ms Tang stated.

“We ended up strolling the Harbour Bridge, catching the ferry to Round Quay, doing the Bronte-Bondi coastal stroll and having a drink at Icebergs – it jogged my memory how highly effective a welcoming house might be when somebody is in transition.”

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089689" loading="eager" decoding="async" aria-describedby="caption-attachment-1089689" data-capiid="b439ff4788b6284e20a77d197ab5d5c9" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="Elisa Tang, Airbnb co-host. Listing: Harbour & Opera House Views 3BR Luxe, Sydney. Picture: Supplied/Airbnb. For herald sun real estate."/> One of many properties she manages in Sydney, often known as the Lavender Bay Residence. Image: Equipped/Airbnb.

Cove Curation’s flagship property is named the Lavender Bay Residence.

The three-bedroom, two-bathroom Artwork Deco house provides uninterrupted views of the Sydney Opera Home, Harbour Bridge and Luna Park.

Ms Tang stated the Christmas and New Yr interval usually noticed Australian and worldwide friends together with expat households serving to kids to settle into boarding faculties.

“February is robust for long-haul worldwide journey, notably from the US, Canada and Europe, because it’s the coldest month within the northern hemisphere,” she stated.

“We additionally welcome a major variety of friends from Asia, particularly China, Korea and southeast Asia, and that is notably noticeable round Chinese language New Yr – which varies annually and infrequently brings multi-generational household journey.”

<img class="styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1089690" loading="eager" decoding="async" aria-describedby="caption-attachment-1089690" data-capiid="95be1e9b2dca7ff26b05c509e8255483" width="1280" height="720" src="data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E" srcset="" alt="Elisa Tang, Airbnb co-host. Listing: Harbour & Opera House Views 3BR Luxe, Sydney. Picture: Supplied/Airbnb. For herald sun real estate."/> Ms Tang enjoys the Lavender Bay Residence’s views. Image: Equipped/Airbnb.

Ms Tang stated her recommendation to folks excited about changing into an Airbnb host was to “genuinely care in regards to the expertise you’re creating”.

“How an area feels when somebody walks in, whether or not the house offers them a way of calm, and in the event that they really feel taken care of even once you’re not bodily there,” she stated.

“Hospitality is human at its core.”

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