How much does it cost to start Airbnb subleasing in Australia?
Most of our clients spend $5,000 to $15,000 setting up a property: the bond, the first rent, furniture and supplies. Mentoring with Parasher Properties is separate, at $2,000 per milestone across five milestones, so $10,000 in total, paid one milestone at a time.
The costs at a glance
| Cost | Amount | When you pay |
|---|---|---|
| Property setup: bond, first rent, furniture, supplies | $5,000 to $15,000 for most setups | Before your first guest |
| Milestone Mentorship | $2,000 per milestone, five milestones, $10,000 in total | Each milestone, only when the one before is complete |
| Property Sourcing (optional) | $5,000 + GST, includes Milestone 1 | When we source a property for you |
| Running costs: rent, utilities, cleaning, platform fees, insurance | Varies by property | Ongoing |
Why setup costs vary
The bond and rent depend on the property. Furniture is the largest swing: most of our approved properties come furnished, which cuts what you need to start. An unfurnished three-bedroom property costs more to set up than a furnished one-bedroom apartment.
How the milestone payments work
It works like progress payments on a house build. You pay $2,000 for a milestone, and the next one is invoiced only when that one is complete. The most you ever have at risk on mentoring is one $2,000 milestone. Your contract includes a 7-day refund and a guarantee that a suitable property is found within 30 days. See how the five milestones work.
The cost people forget
Rent is due every week whether guests book or not. Before you commit, we work out with you the nightly rate the property needs to break even, and the worst case, so you see the numbers first. Some states add their own charges, such as Victoria's 7.5% short stay levy. See the rules by state.
Figures on this page are typical client figures, not a quote or a guarantee of income. They vary by property, suburb and season.
Common questions
How much money do I need to start an Airbnb without owning property?
Most Parasher Properties clients spend $5,000 to $15,000 on setup: bond, first rent, furniture and supplies. Mentoring is separate at $2,000 per milestone across five milestones.
Do I have to pay the full $10,000 upfront?
No. You pay $2,000 per milestone, and each milestone is invoiced only when the one before is complete.
Is there a refund?
Yes. The client agreement includes a 7-day refund and a guarantee that a suitable property is found within 30 days.