Rates and revenue
Every market figure in the stats box is taken from AirROI's Mandurah, WA page and covers the 12 months from October 2025 to September 2026. The amounts are the Australian dollars AirROI shows (it converts from US dollars at about A$1.44, and we have not converted them a second time). AirROI does not say exactly where its Mandurah boundary falls, so read the numbers as the Mandurah market as a whole, which includes Halls Head, Falcon, Dawesville and the canal estates. The average daily rate is A$395, occupancy is 43.1%, revenue per available night (RevPAR) is A$159, and the average listing earned A$46,249 over the year. The 'monthly' figure of A$3,854 is that annual revenue divided by 12, an average across the year and not a typical month. Against AirROI's Western Australia averages (an A$335 rate, 52% occupancy and A$50,425 in revenue), Mandurah charges more per night and fills fewer of them.
Bedroom count drives earnings more than anything else. In AirROI's bedroom table, a one-bedroom home sits at an A$234 rate and 45% occupancy, with median annual revenue of A$22,700. Two bedrooms: A$285, 50% and A$36,800. Three bedrooms: A$349, 43% and A$37,900. Four bedrooms: A$500, 38% and A$52,000. Five or more: A$837, 33% and A$74,300. The three-bedroom home earns only slightly more than the two-bedroom one, which tells you that a three-bedroom listing has to be sold on something other than size: a jetty, a pool, a position by the water. The best-earning listing AirROI names, a five-bedroom villa, took A$285,281 at 76.4% occupancy and an A$1,007 rate, and the next five top earners range from A$145,986 to A$203,766. Those are the top of the market, not a target.
Guests book early and stay a while. AirROI puts the average lead time at 63 days and the average stay at 4.5 nights, and the median cleaning fee at A$186 (the average is A$267). A 4.5-night stay with a A$186 cleaning fee means the fee is a real part of what the guest pays, so check it against what you actually spend. Airbnb's Guest favourite badge sits on 50% of Mandurah listings and the average guest rating is 4.82, so a rating near the top is expected, not a differentiator. Instant Book is on in 21.2% of listings, and 38.1% have a co-host. Professional management companies run 16.7% of the listings and owners run the rest, which means most of your competitors are people like you. These figures describe Airbnb only. Stayz, Vrbo and Booking.com sit alongside it for many hosts, and we have not measured them here.
Set the average A$46,249 against a Mandurah median house price of about A$700,000 (Microburbs' report for Mandurah 6210, based on 222 sales in the preceding 12 months) and the gross yield is 6.6%. The median three-bedroom listing's A$37,900 is a gross 5.4%. AirROI also prints its own cost estimate for an owner-run listing: running costs of A$16,260, which leaves A$29,989 for housing costs. That is 4.3% of A$700,000. Applying the same cost share (about 35%) to the three-bedroom median leaves roughly A$24,600, or 3.5%, and that is why the stats box shows 3.5% to 4.3%. These are returns before council and water rates, insurance, any loan interest and upkeep that AirROI's estimate does not cover, and AirROI says it uses the low end of typical running costs, so your own figure may be lower. Treat it as arithmetic, not a forecast.
The year in Mandurah
Mandurah's year follows summer and the Western Australian school calendar. In AirROI's monthly table (September 2025 to August 2026), January is the busiest month at A$7,641 average revenue and 59.7% occupancy, with December next at A$7,345 and 57.4%. The slowest are May (A$3,881, 33.7%), August (A$3,784, 35.2%) and June (A$3,995, 36.3%), so the best month earns roughly twice the weakest. Rates move far less than occupancy: the monthly average runs from A$352 in September to A$412 in July, and the winter months are priced as high as the summer ones. AirROI does not say why, so we would not treat it as a reason to raise your own winter rate.
Summer here runs December to February, and the term dates fix the school-holiday weeks. Public schools in WA finish on Thursday 17 December 2026 and go back on Monday 1 February 2027. After that come the April holidays (Saturday 10 to Sunday 25 April 2027), the July holidays (Saturday 3 to Sunday 18 July 2027) and a spring break that begins on Saturday 25 September 2027 and ends on Sunday 10 October (WA Department of Education). Lay over those the Christmas Lights Trail, which opens on Friday 4 December 2026 and runs to 3 January, fireworks on New Year's Eve at 9 pm and at midnight, and the Crab Fest, which the City lists for 13 and 14 March 2027, and the main booking windows are clear. Wildflowers bring walkers from September to November. Winter is the quiet stretch, and midweek or longer winter stays with a firm cleaning fee are a sensible way to fill it.