Should we follow the PM to the beach?

An episode of the The Money Puzzle podcast, hosted by The Australian, titled "Should we follow the PM to the beach?" was published on October 22, 2024 and runs 30 minutes.

October 22, 2024 ·30m · The Money Puzzle

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Episode 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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