Beware of an Investment Sprinkled with a Little Lifestyle

David Johnston wrote this article for Domain on March 02, 2018.

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.

What are the risks of making an investment property double as a holiday home?” was first published Domain on March 02, 2018.

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