Now the rich are paying $ 140,000 a week for luxury rentals (and the rich landlords are making a profit)


Those announcements, and that of the Australian international border reopening on December 15, gave people confidence that they could book a short but luxurious break and relax during the holiday season, she said.

“I think people are tired of cancellations and they didn’t want to book until they were absolutely sure they could travel,” Ms. Ormerod said.

Wisteria Place has gourmet cuisine. Luxico

Some of the most popular areas for luxury rentals included Victoria’s Mornington Peninsula, where many vacationers fled during the Melbourne coronavirus crisis, Ms Ormerod said.

But people are also keen to stay closer to the city.

In the upscale suburb of South Yarra, Wisteria Place is for rent for just over $ 39,000 per week. Tenants benefit from an immaculate home with a heated swimming pool, high-end furnishings and gourmet cuisine.

Melbourne isn’t the only city in a rush for last-minute luxury short-stay rentals. The luxury rental market in Sydney is also returning to service, although it has not yet returned to pre-COVID-19 levels, Villa Getaways co-owner and sales manager Kris Clements said.

Mr Clements said owners of luxury homes in Sydney are now looking to book overseas vacations in Aspen and the Maldives, returning their homes to the short-stay rental market before they leave. Many people who had been kicked out of Australia were planning to return for vacations.

The Grand Rose Bay Harbor View mansion costs almost $ 30,000 per week to rent. Villa Getaways

“I’ve had a few bookings from people in America – LA and New York – these are mostly Australian expats who want to return home after two years away,” Mr. Clements said.

Travelers from Hong Kong, Mr Clements said, faced three weeks of hotel quarantine upon their return home, but that didn’t stop them from experiencing the ultimate luxury trip.

Some of the best properties in Sydney include a Spanish-style villa known as the Manor House overlooking Grand Rose Bay Harbor. With stunning views of Rose Bay, a pool, cabana, and lush gardens, the home costs $ 29,750 per week to rent.

The rush to Queensland, and the resort town of Noosa in particular, has been envisioned for many vacationers, especially those stuck between the states.

Niche Luxury Accommodation Managing Director Sue Willis said demand has been so high that properties are being booked until the middle of next year.

There’s even room for a helipad at Mandalay House in Queensland. MandalayHouse.com.au

“When there was the announcement of the reopening of the borders, the phones rang,” Ms. Willis said.

It was a similar story in the Whitsundays, where properties have been fully booked as people return to Australia, including Mandalay House, which has a rent of $ 20,000 a night, or $ 140,000 a week, during the holiday season.

The house had been rented out over the New Year, said Ray White Whitsunday Vacations rental manager Chris van’t Hoff.

The luxury home near Airlie Beach has six bedrooms with a private marina and beach, horizon pool, home theater, and helipad.

Mr van’t Hoff said the rush to tropical vacation destinations in Queensland came as no surprise after the lockdown.

“Where would you like to be? ” he said.

Mandalay House has a private marina. Mandalay House.com.au

This story first appeared in The Sydney Morning Herald and The Age.

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