Many Aussies dream of owning a holiday home, perhaps a beach house, a place close to relatives or a cozy cabin in a regional setting.
In years gone by it would sit vacant most of the year until a family get together or a Christmas holiday. However the rise of short term accommodation platforms like Airbnb and Stayz mean it’s now possible to generate cash flow from these holiday homes all year round, and with flexibility. But is it enough to make a holiday home a good investment property?
Before you consider buying a holiday home, here are some helpful guides to property investment:
Buying an investment property or looking to refinance? The table below features home loans with some of the lowest interest rates on the market for investors.
|Rate Type||Offset||Redraw||Ongoing Fee||Upfront Fees||LVR||Lump Sum Repayment||Additional Repayments||Pre-approval|
|FEATUREDREFINANCE IN MINUTES, NOT WEEKS|
Variable Investor, Principal and Interest (Refinance Only)(LVR