School holidays are well and truly in full swing; I hope you are enjoying them if you are fortunate enough to be on a break!
Speaking of holidays, it is timely to have a discussion about whether or not holiday homes/apartments are good investments. There have been changes in our holiday behaviour over the years, traditionally many people holidayed in the same destination every year, hence, purchasing a property in that location made good economic sense – you could rent out and generate an income when not using it for your own family.
However, as property prices have increased and international travel has become more affordable, we are seeing a shift; people are now travelling overseas more frequently and changing destinations regularly, as opposed to visiting the same region each year.
Having said that, a region such as the Sunshine Coast that boasts a fabulous climate all year around, showcases diverse natural beauty from coast to mountains, plus its family-friendly reputation, means that it is always a savvy place to invest. There is still some genuine value to be found in the apartment market, and if you are purchasing as a holiday rental, you will benefit from heightened income at peak times, have the flexibility of using it yourself when desired, and also enjoy the solid capital gain the premier beachside suburbs attract over time. Click here to read full article.
If you are in the market to buy, click here to see what we have available; there really is a diverse range across the coast and hinterland, and a price spectrum that covers all budgets!