October 5, 2016
The number of AirBnB listings across Melbourne has increased 40 per cent since the start of this year, leading to a 32 percent decline in average monthly incomes for hosts. This means investors using their property for short-stay accommodation may now be getting less than they could from a long-term lease….
Source: http://www.smh.com.au/business/property/flood-of-airbnb-listings-sees-hosts-income-drop-by-40-per-cent-20161004-gructd.html