Global Serviced Apartment Industry Report 2023 | Page 67

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Australia & New Zealand
Rate Rate Rate Studio 1 bed 2 bed
Auckland ( NZD )
Average nightly rate from ( NZD ) 260
7 nights ( weekly rate )
1,820
1,890
2,643
One month ( monthly rate )
5,296
6,996
11,249
3 month + ( 3 month rate )
16,200
20,700
25,280
Melbourne ( AUD )
Average nightly rate from ( AUD ) 192
7 nights ( weekly rate )
1,347
1,471
2,202
One month ( monthly rate )
5,332
5,795
7,281
3 month + ( 3 month rate )
13,384
14,108
22,702
Sydney ( AUD )
Average nightly rate from ( AUD ) 243
7 nights ( weekly rate )
1,704
1,899
2,652
One month ( monthly rate )
6,886
7,253
9,681
3 month + ( 3 month rate )
18,297
20,420
30,440

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