South Melbourne sits just south of the CBD and Southbank, with a busy market, the Clarendon Street shops and Albert Park Lake on its doorstep. Houst manages short-stay homes across the suburb, from heritage terraces 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 business travellers, conference guests, event visitors and couples looking for a base close to the city.
Our pricing data puts a two-bedroom, one-bathroom short stay in South Melbourne at an average of A$302 a night with 71% occupancy. That works out at around A$78,500 a year before costs. We took three readings across the suburb, on Clarendon Street, Park Street and Dorcas Street, and averaged them. Nightly rates ran from A$276 on Dorcas Street to A$350 on Clarendon Street.
Demand peaks in summer, from December to February, when the Australian Open and festival season fill the city. The Grand Prix at Albert Park in March stands out here, and Melbourne Cup week in November and the AFL finals in September bring further spikes. Midweek conference and business stays keep occupancy steady between events. 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 South Melbourne 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. South Melbourne sits in the City of Port Phillip, 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 your address against the Port Phillip planning scheme, especially in heritage streets, and declare your rental income to the ATO. Full detail is in our Melbourne short-term rental rules guide.
South Melbourne works for short stays because it sits between the city, the arts precinct and the bay. The CBD and the St Kilda Road offices are a short tram ride away, the convention centre on the river brings conference guests through the week, and Albert Park, home of the Grand Prix, is next door. Weekends fill with leisure guests heading to South Melbourne Market, the cafes on Clarendon Street and the lake.
Housing ranges from Victorian terraces in the Emerald Hill heritage streets to newer apartments towards Southbank, which suit couples, families and longer work stays alike. We manage across South Melbourne and its neighbours, including Southbank, Port Melbourne, St Kilda and Melbourne CBD. For the wider city, see Airbnb management in Melbourne.

Find out what your South Melbourne 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.
Yes. A full-service manager handles listing setup, pricing, guest messages, check-ins, cleaning and maintenance for you. Houst manages short stays across South Melbourne from 14% for full-time management or 20% for part-time, and you keep control of the dates you want to block.
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 South Melbourne. That covers listing setup, professional photography, dynamic pricing, guest messaging and cleaning coordination.
In South Melbourne, our pricing data puts a two-bedroom short stay at A$302 a night with 71% occupancy, or around A$78,500 a year before costs. Whether that beats a long-term let depends on your costs, your building's rules and how well the listing is run.
Since 1 January 2025, Victoria has charged a 7.5% levy on short stays of under 28 nights, and owners corporations can ban short stays with a 75% vote. Principal residences are exempt from both. There is no statewide night cap. South Melbourne hosts should also check the Port Phillip planning scheme.
Not usually. Renting out a home as an individual is generally treated as investment income rather than a business, so many hosts do not need an ABN. If you run short stays as a business, your position may differ, so check with the ATO or your accountant.
See how much more hosts can earn with Houst Airbnb management in South Melbourne.




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.