Side-by-side comparison

Mornington Peninsula vs Northern Rivers: which is better for Airbnb investment?

We compare the Australia short-term rental markets across occupancy, daily rate, RevPAR, year-over-year trend, and regulation.

Bottom line

Mornington Peninsula edges ahead of Northern Rivers on higher occupancy (30% vs 24%).

Head-to-head metrics

 Mornington PeninsulaNorthern Rivers
Median occupancy30%24%
Median daily rate$230.01$207.24
Median RevPAR$31.02$31.22
Active listings3,2234,358
YoY occupancy+15.2 pts+8.7 pts
YoY daily rate+4.8%+4.7%
Regulation risk
Annual night capNoneNone
License requiredNoNo

Go deeper on each city

Market guide
Airbnb in Mornington Peninsula
Occupancy, ADR, neighborhoods, regulation
Market guide
Airbnb in Northern Rivers
Occupancy, ADR, neighborhoods, regulation
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Mornington Peninsula vs Northern Rivers: which is better for Airbnb investment? (2026)