Should we follow the PM to the beach?
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
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The skinny
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