$200,000 ISOLATION: Australia Sees Remote Property Rental Spike

Luxury home hotel service Luxico has noticed an interesting trend in travel bookings as a result of the Covid-19 pandemic – a new market of remote homestay guests looking to self-isolate.

Luxury home hotel service Luxico has noticed an interesting trend in travel bookings as a result of the Covid-19 pandemic – a new market of remote homestay guests looking to self-isolate.

“Some of the unexpected outcomes from the coronavirus outbreak have been people seeking properties so remote they have their own heli-pad to gain access and a willingness to spend upwards of $200K to self-isolate for the duration,” Luxico Co-founder and Managing Director Alexandra Ormerod revealed.

For the luxury home hotel service whose properties are sprinkled across the east coast of Australia, they’ve been fortunate to experience a spike in domestic travel outweighing foreign traveller cancellations.

Alexandra and Tom Ormerod, Luxico co-founders.

“We’re seeing lots of Aussies choosing to stay local and book coastal regions for Easter instead of heading oversees. Our bushfire-affected properties on the South Coast of NSW have been the lucky beneficiaries of the increase in local travel, which is great.”

Co-founder and Luxico Managing Director Alexandra Ormerod.

Here are 3 of the most surprising responses Luxico Managing Director Alexandra Ormerod has seen so far.
 

1 Lux Self-isolating

While locals go to ground with hordes of toilet paper, a wealthy few are spending thousands a night on remote accommodation.

Some of these are overseas travellers looking to Australian regional properties as isolated refuges away from the sickly crowds.

Luxico has been commissioned with the task of sourcing homes similar to https://luxico.com.au/rentals/allrentals/sweven-estate for foreign guests looking to call Australia home for the duration, in out-of-town locations away from Corona-crisis and are willing to pay upwards of $200k for the privilege.
 

2. Homes over hotels

Staying in homes over hotels to avoid co-mingling with swarms of travellers.
 

3. Longer stays

International guests are choosing to stay in Australia rather than head home, and also guests extending stays in single locations rather than breaking their trip up between multiple destinations.