
2018 Letter to my daughter who lived in Airlie Beach / Cannonvale !
It is pretty hard to predict the future or find elaborate stats on investing in property in Airlie Beach, simply because Airlie Beach / Cannonvale is a small, but very important tourist town in Qld. Australia. It is not big and busy enough to show up on the hot spot radar, so investors in residential properties usually focus on capital cities and their surroundings for max gains. Ca 10 000 people combined live in these two towns combined. But if you want to invest first to live in it later or rent out to tourists while you live there then this is a game changer of course. But I would not do it. I would use a two fold strategy. Buy where its best and live (rent) where its best = 1+1 properties in two stages. So how about investing in Cairns and live in Airlie ? Cairns has struggled as well in the last decade, but it is far bigger than Airlie and has a broader economic mix with some good projects coming up that could give it a boost. Some catch up potential with mining, energy and tourism still being the life blood and future of Australia.
It is pretty hard to predict the future or find elaborate stats on investing in property in Airlie Beach, simply because Airlie Beach / Cannonvale is a small, but very important tourist town in Qld. Australia. It is not big and busy enough to show up on the hot spot radar, so investors in residential properties usually focus on capital cities and their surroundings for max gains. Ca 10 000 people combined live in these two towns combined. But if you want to invest first to live in it later or rent out to tourists while you live there then this is a game changer of course. But I would not do it. I would use a two fold strategy. Buy where its best and live (rent) where its best = 1+1 properties in two stages. So how about investing in Cairns and live in Airlie ? Cairns has struggled as well in the last decade, but it is far bigger than Airlie and has a broader economic mix with some good projects coming up that could give it a boost. Some catch up potential with mining, energy and tourism still being the life blood and future of Australia.