This three-bedroom property in Vermont South, Victoria, owned by Fang, a young entrepreneur, serves as a holiday home for his family. Due to travel restrictions, the property has been vacant since 2020, and Fang sought hands-off management to maximise rental income.
Travel restrictions:
The family was unable to use the property due to the pandemic.
Low property traffic:
The owner required longer stays and minimal turnover, with a 21-day minimum stay per booking.
Before, the property was vacant due to travel restrictions. After KozyGuru’s management, the property achieved high occupancy and longer, lower-traffic stays.Occupancy rate:
90% in 2020 and 93% in 2021.
Average stay:
35 days per booking, aligning with the owner's preferences.
KozyGuru provided:
Multi-platform listing:
To maximise market exposure.
21-day minimum stay:
To lower turnover and maintain the property.
Collaboration with insurance companies:
Offering the property as a long-stay accommodation option.
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The property was vacant before due to travel restrictions. Under KozyGuru’s management, it achieved high occupancy and longer, lower-traffic stays.
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