Top Australian hosts are earning far more than loose change for listing their spare room, apartment or house on popular accommodation site Airbnb, with one Sydney operator raking in $5.3 million in the past year.
The top 10 Airbnb hosts or property managers nationwide made between $2 and $5.3 million in the year to October 2017 across multiple listings.
The new figures obtained by AAP show the top earner in Australia was an unnamed host or property management company in Sydney. Their staggering $5.3 million total revenue came from 247 properties.
Seven of the top earning hosts in the past year were in NSW.
Operators in Wingecarribee and Wyong pulled in $4 million across a portfolio of 97 and 168 properties respectively. A host near Byron Bay took in $3.7 million across 40 properties.
The average Airbnb host in Sydney makes $11,150 per listing annually.
In Melbourne, an operator made $3.7 million across 158 listings, while in Colac Otway someone made $3.5 million across 80 properties.