Vidya Kathirgamalingam - 1 Oct, 2019

Best waterside property bargains for investors

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Every investor dreams of a property with a water view. Not only does this significantly boost the value of your property, but the lifestyle of having the beach on your doorstep or spending your weekends on a yacht is ideal.

But the common misconception is that owning a waterside property is a luxury that only the privileged can enjoy. This list of affordable coastal towns will show you that waterside living doesn’t have to be expensive.

Loch Sport, Victoria

Median Price: $210,000

This coastal tourist town is located in East Victoria and borders the Ninety Mile Beach as well as Lake Victoria. Animal lovers will also be pleased to know that you will have easy access to Lakes National Park which is home to a diverse range of native wildlife. In your spare time, you’ll find yourself whale-watching, skiing, sailing, kayaking and watching the sunset over the picturesque Lake Victoria.

Sea Spray, Victoria

Median Price: $164,000

Sea Spray is a neighbouring suburb to Loch Sport. Nestled on Ninety Mile Beach, you can adopt a beachside lifestyle that is perfect for families. Sea Spray also touches the Gippsland Lakes Coastal Park, where you can admire the beautiful inland waterways.

Cape Jervis, South Australia

Median Price: $227, 500

While Cape Jervis might only have a humble small community, a lighthouse, and wind farm, the town also holds the terminal to ferry across to Kangaroo Island. Take advantage of the sea-side lifestyle and live across from Australia’s third-largest island and one of the country’s most popular tourist destinations.

Trinity Beach, Queensland

Median Price: $500,000

Not a fan of cold weather? Buying a property at Trinity Beach will provide you a tropical getaway with its year-long warm weather and location on the Great Barrier Reef. Although it may be pricier than most other options, the booming tourism in the area makes an investment here a bargain.

Budgewoi, New South Wales

Median Price: $485,000

This peaceful fishing location boasts beaches ideal for surfers and picnic areas that families will appreciate. Located on the NSW Central Coast, you’ll be close to other popular coastal towns such as Norah Head, Toukley and Avoca Beach. If you’re working in the city, Budgewoi is also only a short one-and-a-half-hour drive away from Sydney.

Stuarts Point, New South Wales

Median Price: $392,000

This riverside village perched on the Macleay River and Pacific Ocean is ideal for those who enjoy fishing or have a boat. Enjoy the stretches of sand dunes, calm river, closeby beaches, and the national park.

Mandurah, Western Australia

Median Price: $250,000

Mandurah is part of WA’s second-largest city. The Mediterranean climate, sapphire blue waters and world-class marina have made this suburb a popular choice amongst Western Australians. With a conveniently located railway line, you’ll be able to reap the benefits of both a waterside lifestyle as well as Perth’s city life.

Penguin, Tasmania

Median Price: $270,000

As the name suggests, you can find small fairy penguins scattered along the shores of this coastal town. Located on Tasmania’s north-west coast, the town is historic and quaint. With scenic drives to Tasmania’s largest undercover market, you will never get bored of living in Penguin.

With Australia’s increasingly expensive property market and the issue of urban sprawl, houses close to the water are likely to become valued assets. Talk to eChoice about investing in a waterside property today.

Words by Vidya Kathirgamalingam

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