Australia’s attractiveness to tourists stems from the perfect blend of astonishing factors. These include beautiful landscapes and outdoor paradise serving a laid-back lifestyle to everyone. And since short-term rental options are booming in the real estate market. The number of users in the Vacation Rentals market is anticipated to reach 6.84m users by 2028. However, owning a vacation rental property can be enticing and challenging at the same time.

Vacation rental property refers to a furnished apartment, house or accommodation rented out to tourists during their vacation time. Travellers seeking flexibility and a home-like feeling prefer to stay in these types of properties. 

In this blog post, we’ll talk about some of the pros and cons of owning a rental vacation rental property: