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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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Original URL: https://www.theaustralian.com.au/business/should-we-follow-the-pm-to-the-beach/audio/bdd2b2f1e8c7213a0c8d47e8bcb95341