Having your own little getaway is an idyllic proposition, evoking powerful imagery of sun-swept beaches, tree-lined rivers, bush walks through the mountains or simply sitting in a cafe and watching the world pass you by.
The end of summer is the peak season for holiday home purchases, often with one eye shut on the financial impact and return.
Unfortunately, the supposed holiday house often morphs into a quasi-investment property during the property selection process. This mutation can result in financial heartache.
David Johnston, Founder and Managing Director of Property Planning Australia, explains the financial impact of mixing holiday and investment in his latest article published on domain.com