Rates and revenue
The figures in this section come from AirROI's Blackheath market page, which covers the twelve months from October 2025 to September 2026, shows money in Australian dollars (converted from US dollars at about A$1.44) and counts 242 active listings. That is far more than AirROI's own pages for Katoomba (82), Leura (59) or Wentworth Falls (33), and AirROI's Blue Mountains City Council page counts only 65 active listings, so the Blackheath market reaches well beyond one village or one council; AirROI does not print its boundary. Treat its figures as a wide-area picture, and the council page (A$362 a night, 39.0% occupancy, A$49,380 a year per listing) as a cross-check. On that page the average daily rate is A$406, occupancy is 43.3%, average annual revenue per listing is A$56,437 and RevPAR is A$173. The stats box shows a monthly figure of A$4,703, which is the annual revenue divided by twelve, an average over the whole year and not a typical month. The town pages are lower: Katoomba averages A$35,803 a year at A$384 a night and 39.8% occupancy, Leura A$45,469 at A$465 and 39.7%, Wentworth Falls A$32,473 at A$405 and 36.5%. The yield range in the stats box is gross revenue against the council area's median house price of A$1,071,000 (PRD, second quarter of 2026): A$56,437 is 5.3% and A$35,803 is 3.3%, before any costs.
Size matters more than town. AirROI's bedroom table for the Blackheath market shows one-bedroom homes at an average of A$264 a night and 49% occupancy, two-bedroom homes at A$355 and 48%, three-bedroom homes at A$403 and 42%, four-bedroom homes at A$588 and 37%, and homes with five or more bedrooms at A$997 and 37%. Average annual revenue climbs from A$44,200 for one bedroom to A$56,700 for two, A$51,700 for three, A$69,300 for four and A$152,000 for five or more. Two things stand out. Two-bedroom homes earn more than three-bedroom homes on average, which says the couples' break is the heart of the market. And the largest homes earn on high rates and low occupancy, so they depend on a smaller number of well-chosen group bookings.
Rates and demand move with the seasons. In AirROI's two-year calendar-month averages, July is the strongest month at A$7,390 per listing and February the weakest at A$3,410, with April at A$6,070 and November at A$4,460. For July 2026 the page shows 54.2% occupancy at A$458 a night, against 35.4% at A$385 in February 2026. Lead times swing too: the monthly table shows an average of 112 days for May 2026 stays and 42 days for February, with every other month between 45 and 75 days. Over the twelve months the average stay was 3.3 nights. AirROI measures occupancy against nights a home is open for booking; if a home were open all year, 43.3% would be roughly 158 nights, inside the 180-night limit for non-hosted homes. The cap bites for the homes that do well, not for the average one.
The year in Blue Mountains
The Australian calendar here runs against the usual beach pattern. AirROI marks April to July as the high season, at an average of A$6,170 a month and 49% occupancy; August to October and December to January as shoulder months at A$5,210 and 44%; and February, March and November as the low season at A$4,120 and 39%. July is the peak and February the trough. Summer, from December to February, is not the main season in the mountains: December and January are middling at A$5,130 and A$5,250, and February is the quietest month of the year. NSW public school holidays still matter. The summer holidays run from 18 December 2026 to 27 January 2027, the 2027 autumn holidays from 12 to 23 April, the winter holidays from 5 to 16 July and the spring holidays from 27 September to 8 October.
Winter has a name here. The Blue Mountains tourism site calls June, July and August Yulefest, the season of Christmas-style dinners, log fires and singalongs at venues in Katoomba and beyond. A 2024 Anglo&Celtic article says it began in 1980, when Irish visitors at the Hotel Mountain Heritage in Katoomba, surprised by snow on a summer trip, asked the owner to throw a Christmas party. Whatever its exact origin, the festival gives the winter months a reason to book that most Australian markets do not have, and July is the month that earns the most in AirROI's figures. Long weekends also matter. The 2027 dates are Easter from 26 to 29 March, Anzac Day on Sunday 25 April with the extra day on Monday 26 April, the King's Birthday on Monday 14 June and Labour Day on Monday 4 October. Check each year's dates, because the NSW public holiday calendar moves them.