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Short-Term vs Long-Term Rental in Adelaide: Which Earns More in 2025?

23 April 20261 min readBy Adelaide Property Team

The Question Every Adelaide Investor Asks

With Adelaide's rental vacancy rates historically low, many landlords wonder: is it worth switching from a 12-month lease to short-term?

The honest answer is: it depends on the suburb, property type, and how hands-on you want to be.

The Numbers (2025 Data)

A 2-bedroom apartment in Glenelg:

  • Long-term rental yield: ~$520/week ($27,040/year)
  • Short-term managed yield (after fees): ~$38,000–$45,000/year at 72% occupancy

A 3-bedroom house in Prospect:

  • Long-term rental yield: ~$600/week ($31,200/year)
  • Short-term managed yield (after fees): ~$42,000–$52,000/year

The Hidden Costs to Factor In

Short-term isn't passive. You need to account for:

  • Management fees (typically 15–25%)
  • Linen and consumables
  • Higher maintenance frequency
  • Council regulations (check your local council)
  • Gaps in occupancy between peak seasons

When Short-Term Wins

Short-term typically outperforms when:

  • Your property is within 10km of the Adelaide CBD or beach
  • You have 2+ bedrooms
  • You use a management company with strong occupancy rates
  • You're in a suburb with event-driven demand spikes

Our Recommendation

Run the numbers with a free income estimate before committing. We offer a no-obligation projection for Adelaide properties.