Should we follow the PM to the beach?

Update: 2024-10-22

Description

Every spring property investors are tempted again by the lure of the beach house: This year the Prime Minister Anthony Albanese made his move with a high-profile $4.3m purchase on the Central Coast. Is a holiday home a good investment? Let's find out...

James Gerrard of www.financialadvisor.com.au joins wealth editor James Kirby in this episode

In today's show, we cover:

*Assessing holiday homes as an investment
*Why beach houses often don't work out as planned
*Making money from rentals at the beach house
*Sub-dividing and CGT exposure

See omnystudio.com/listener for privacy information.

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