Flemington sits just north-west of the Melbourne CBD, home to Flemington Racecourse and the Melbourne Cup, with the shops and cafes of Racecourse Road at its centre. Houst manages short-stay homes across the suburb, from Victorian terraces on the heritage streets to newer apartments, and handles pricing, guests and cleaning so you earn without the day-to-day work.

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The commission is based on the property type and location
List on Airbnb, Booking.com, Vrbo/Stayz, Google and more. Listing on several platforms reaches racegoers, event visitors, couples and longer work stays looking for a base close to the city.
Our pricing data puts a two-bedroom, one-bathroom short stay in Flemington at an average of A$253 a night with 70% occupancy. That works out at around A$64,500 a year before costs. We took four readings across the suburb, on Racecourse Road, Wellington Street, Mount Alexander Road and Farnham Street, and averaged them. Nightly rates ran from A$244 on Wellington Street and Mount Alexander Road to A$263 on Racecourse Road.
Demand peaks in summer, from December to February, when the Australian Open and festival season fill the city. Melbourne Cup week in November is the busiest week of the year in Flemington, and the AFL finals in September bring further spikes. Figures will vary with size, finish and exact location. See how the suburb compares in our Melbourne Airbnb earnings guide.



The team is professional, responsive, and truly understands what it takes to manage short-term rentals effectively.


I’ve been incredibly lucky with Alex Taylor: professional, friendly, and always helpful. He’s handled everything brilliantly - I’d give him 6 stars if I could.


For the past year, my Houst contact has been incredibly helpful - coordinating repairs, upgrades, and even being on-site when needed. Super reliable and accommodating.


The staff is available 24/7. Messages sent are replied to very quickly. The information about the properties is detailed and clear. Everything goes very smoothly.


The house is well maintained and clean, the dashboard provides up to date and historical information & the guests are taken care of.


I have had a brilliant experience renting my property through Houst. Everyone has been very hands on and contactable which has really put me at ease.
Get a free estimate, book a 15-minute call, then go live. We handle listings, photos, pricing and guest support.
Managing an Airbnb in Flemington means pricing, guest messages, cleans and maintenance, every week. Houst handles all of it from 14% for full-time management or 20% for part-time, so you keep the income without the workload.
Before you list, check the rules that apply to your property. Flemington sits across the City of Melbourne and the City of Moonee Valley, and Victoria's statewide rules apply in full.
Levy. Victoria charges a 7.5% short-stay levy on stays of under 28 nights. Platforms such as Airbnb usually collect it, and your principal place of residence is exempt. Read our guide to the Victorian short-stay levy.
No night cap. Victoria has no statewide limit on how many nights a year you can let a home.
Owners corporations. Apartment buildings can ban short stays by special resolution, with 75% of lot owners in favour. A ban cannot apply to a lot that is the owner's or occupier's principal place of residence. Check your building's rules before you list.
Planning and tax. Confirm which council covers your address and check its planning scheme, especially in heritage overlay areas, and declare your rental income to the ATO. Full detail is in our Melbourne short-term rental rules guide.
Flemington suits short stays because guests come for the racecourse and stay for the easy run into the city. The 57 and 59 trams run along Racecourse Road and Mount Alexander Road into the CBD, Newmarket station sits on the Craigieburn line, and Flemington Bridge station sits on the Upfield line. The spring racing carnival fills the suburb every year, and events at the Melbourne Showgrounds next door bring more visitors.
Housing ranges from Victorian terraces on the heritage streets to newer apartments along Racecourse Road, which suit couples, families and longer work stays. We manage across Flemington and the suburbs around it, including Kensington, Ascot Vale, North Melbourne and Parkville. For the wider city, see Airbnb management in Melbourne.

Find out what your Flemington property could earn with Houst.

As a Partner with Houst, a leading short-term rental management company, Ankoosh helps property owners unlock the full potential of their homes through hassle-free hosting. Partnering with Houst allows Ankoosh to offer expert solutions in listing optimisation, guest management, and dynamic pricing, without the stress of day-to-day operations.
Whether you're new to short-term rentals or looking to improve your existing setup, Ankoosh can guide you through the process and ensure your property generates strong returns.
Most full-service Airbnb managers charge a percentage of booking revenue rather than a flat fee. Houst charges 14% for full-time management and 20% for part-time in Flemington. That covers listing setup, professional photography, dynamic pricing, guest messaging and cleaning coordination.
It is the idea that most of your results come from a small share of the work: pricing, photos, fast replies and clean, well-reviewed stays. In Flemington, where demand spikes around race days, getting those few things right drives most of your bookings. Houst handles all of them for you.
The six-year rule is an ATO capital gains tax rule. If you move out of your main residence and rent it out, including as a short stay, you can usually keep treating it as your main residence for up to six years, as long as you do not treat another property as your main residence. You still declare the rental income. Check your position with the ATO or a tax adviser.
Some markets have more listings than demand, but results vary by suburb and by how well a listing is run. In Flemington, our pricing data puts a two-bedroom short stay at A$253 a night with 70% occupancy, or around A$64,500 a year before costs. Well-priced listings with strong photos and good reviews hold their own.
Common red flags include a new account with no reviews or verification, requests to pay or talk outside the platform, vague answers about the purpose of the stay, and last-minute bookings for large groups in a small home. Houst screens every guest before check-in and keeps all messages on the platform.
See how much more hosts can earn with Houst Airbnb management in Flemington.




We are the world's largest Airbnb management company specialising in short-term lets.
We were founded in 2015 and are now present in 29 cities around the world, from Bristol to Brisbane.
Whether you’re a seasoned host or just starting out, with Houst you can make the most of every guest stay.