Corporate housing has become an attractive opportunity for property owners seeking stable, professional tenants. With higher profitability than traditional long-term rentals and less hassle than short-term rentals, executive leasing in Australia offers a reliable income stream while keeping properties in excellent condition. For owners in business hubs, corporate housing is a smart strategy to tap into a professional rental market.
What is Corporate Housing?
Corporate housing, also known as executive housing or company lets, refers to mid-term rentals (MTRs) designed for professionals who require fully furnished accommodations for one month or longer. Unlike hotel stays, corporate rentals offer tenants privacy, space, and a “home away from home” experience, complete with fully equipped kitchens, workspaces, and high-speed internet.
Corporate clients often include business travellers, government employees, interns, and military personnel. Costs are typically covered by the company, giving property owners a predictable and secure revenue stream. This combination of convenience, comfort, and reliability makes corporate housing a popular alternative to hotels for extended work assignments or relocations.
Corporate Housing vs. Short-Term and Long-Term Rentals
Property owners may wonder how corporate housing differs from short-term rentals (STRs) or traditional long-term leases.
| Feature / Type | Short-Term Rentals (STR) | Corporate Housing / Mid-Term Rentals (MTR) | Long-Term Rentals (LTR) |
| Typical Stay Duration | Days to 2–3 weeks | 1 month or longer | 6–12 months or more |
| Tenant Type | Tourists, vacationers | Business, corporate employees, interns, government workers | Residents, families |
| Profitability | High nightly rates, but occupancy fluctuates | Higher monthly income than LTR, stable occupancy | Steady income, lower monthly returns |
| Management Effort | High-frequency check-ins, cleaning, and guest turnover | Moderate – fewer turnovers, occasional cleaning | Low – long lease, minimal tenant turnover |
| Furnishing | Optional, often minimal | Fully furnished, includes workspaces, Wi-Fi, and appliances | Typically unfurnished, tenants may bring their own furniture |
| Tenant Reliability | A variable may have noise or property issues | Professional, reliable, quiet tenants | Stable but may vary by tenant |
| Suitability | Vacation hotspots, resort areas | Business districts, city hubs | Residential neighborhoods |
| Amenities Needed | Basic, guest-focused | High-speed internet, workspace, kitchen, and some concierge services | Minimal, depends on the lease agreement |
Mid-term rentals offer several advantages: higher occupancy rates, reliable tenants, and less frequent turnover. While STRs like Airbnb may demand daily management, frequent cleaning, and sometimes deal with disruptive guests, corporate housing allows for a quieter, more stable environment.
Compared with long-term rentals, MTRs often generate higher monthly returns because companies are willing to pay for convenience, furnishings, and professional-grade amenities.
Properties should be tailored to professional needs to attract corporate tenants. A designated workspace, ergonomic furniture, and reliable high-speed internet are essential. Fully equipped kitchens, laundry facilities, and secure access further enhance tenant satisfaction, encouraging repeat bookings and long-term relationships with corporate clients.
Benefits and Challenges of Corporate Housing
Benefits
- Professional, reliable tenants: Corporate clients are vetted by their companies, ensuring tenants are responsible and trustworthy.
- Higher profitability: Corporate rentals can outperform traditional long-term rentals by generating premium monthly income.
- Stability: Repeat corporate clients or long-term contracts provide predictable occupancy.
- Ideal for business hubs: Properties in cities like Sydney, Melbourne, and Brisbane attract frequent corporate travellers.
Challenges
- Higher cost of entry: Fully furnished homes with high-quality amenities and technology require upfront investment.
- VIP client expectations: Some corporate clients, especially senior staff, expect premium services and attention to detail.
- Professional listings required: High-quality photography and detailed amenity descriptions are essential to attract bookings.
- Not suitable for all markets: Corporate housing is less effective in holiday or resort areas where business travel is minimal.
Despite these challenges, many Australian property owners find corporate housing to be a lucrative, low-risk alternative to STRs and traditional leases.
How Corporate Housing is Priced
Corporate housing typically offers a cost-effective alternative to hotels while generating higher returns than long-term rentals. Pricing depends on property type, location, duration of stay, and amenities.
For example, a three-bedroom home renting at $50 per bedroom per night would generate roughly $4,500 per month – significantly more than typical long-term lease rates. Unlike STRs, MTRs maintain consistent occupancy with fewer management headaches, making them a financially attractive option for property owners.
Owners can adjust rates based on the market, property features, and corporate demand. Properties near business districts or major transportation hubs often command higher rental rates, while additional services like cleaning, concierge support, and tech-enabled security can justify premium pricing.
Top Platforms to List Your Corporate Housing Property
For property owners in Australia, selecting the right platform to list corporate housing is crucial. Here are some trusted options:
| Feature / Provider | l’Abode Accommodation | Astra Apartments | Corporate Keys Australia | Convido Corporate Housing |
| Property Type | Fully furnished apartments & homes. | Mid- to long-term corporate rentals | Serviced apartments | Modern mid-term rental properties |
| Locations | Australia-wide | Key Australian business hubs | Major cities and business districts | Business districts in major cities |
| Lease Terms | Flexible | Flexible | Flexible | Mid-term stays |
| Management Services | Listing optimisation, upgrades, maintenance, concierge | Tenant screening, property management tools | Personalised support for owners & tenants | Seamless rental services, tenant support |
| Key Amenities | High-speed internet, fully furnished, concierge | Fully equipped kitchens, workspaces | Furnished, serviced, high-speed internet | Modern amenities, high-speed internet, convenient locations |
| Owner Benefits | Professional management, reliable tenants | Reduced risk, tenant reliability | Stable occupancy, hassle-free | Simplified corporate rental management |
L’Abode Accommodation
One of Australia’s leading corporate housing providers, l’Abode Accommodation, offers fully furnished apartments and homes in Australia-wide, with key locations such as Sydney, Melbourne, and Brisbane. Tenants enjoy a seamless corporate living experience with flexible lease terms, high-speed internet, and concierge services. Property owners benefit from professional management, marketing, and tenant screening. Explore L’Abode services.
Astra Apartments
Astra Apartments specializes in mid- to long-term corporate rentals across major Australian business hubs. Offers tenant screening, property management tools, and flexible lease arrangements to ensure owners host reliable, professional tenants.
Corporate Keys
Corporate Keys provides fully furnished serviced apartments for corporate travellers. Flexible rental terms, competitive pricing, and personalised support make it ideal for property owners seeking stable occupancy and professional tenants.
Convido Corporate Housing
Convido Corporate Housing caters to corporate clients looking for mid-term stays with modern amenities, high-speed internet, and convenient locations near business districts. Their services simplify the rental process and ensure a professional, comfortable stay for tenants.
Choosing the Right Corporate Housing Solution
When selecting a corporate housing solution in Australia, consider the following factors:
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- Technology: Platforms with real-time booking, integrated payment systems, and reporting dashboards streamline management.
- Safety and vetting: Ensure tenants are screened, and properties meet safety standards.
- Range of housing types: Offer apartments, townhouses, or houses to meet diverse corporate needs.
- Pricing transparency: Clear, upfront pricing builds trust with corporate clients.
- Customer service: Responsive support enhances tenant satisfaction and encourages repeat bookings.
Location and amenities remain critical. Properties near business districts, transport links, and essential services are in higher demand. High-quality furnishings, reliable Wi-Fi, workspaces, and laundry facilities improve tenant experience.
L’Abode Accommodation specialises in property management for corporate housing, offering upgrades, maintenance, and listing optimisation to maximise rental potential. Whether you want to list your home or leverage professional management, L’Abode Accommodation ensures your property meets corporate standards and attracts high-quality tenants.
Start listing your corporate housing today with confidence and maximise your rental potential. Learn more about L’Abode’s services here.
FAQs About Corporate Housing
- What is corporate housing?
Fully furnished, temporary housing for professionals needing one month or longer stays, often arranged by their company. - Who pays for corporate housing?
Typically, the tenant’s employer covers the cost of rent and associated services. - How to qualify for corporate housing?
Tenants must be travelling for work, government assignments, or relocation purposes. Proof of employment and company sponsorship is usually required. - What specialized services do corporate housing companies offer?
Services include cleaning, maintenance, concierge support, flexible lease terms, and secure online booking systems. - Best corporate housing websites in Australia?
L’Abode Accommodation, Astra Apartments, Corporate Keys, Convido Corporate Housing. - Differences between STR, MTR, and corporate housing?
- STR: Short-term, high turnover, high maintenance, suitable for tourists.
- MTR: Mid-term, stable tenants, professional setup, flexible duration.
- Corporate housing: MTR tailored to professionals, fully furnished, often employer-paid, premium amenities, and services.