VICDOC Summer 2025 - Flipbook - Page 56
Sub-Investment Grade Growth:
This is the critical financial point.
Historically, capital growth for holiday
be treated as a lifestyle purchase,
bought predominantly for family and
personal enjoyment.
homes lags behind good properties in
However, for savvy investors, these
our capital cities. Demand is far more
markets serve another crucial purpose.
consistent in Melbourne, and supply
Price movements, particularly on the
more restricted. Holiday markets are
Mornington Peninsula over the peak
discretionary; in weaker economic
times, they are among the first assets
to be sold. While there can be runs of
impressive value hikes, these are often
offset by long, lean years.
The final verdict: Lifestyle
and a leading indicator
summer season are a powerful leading
indicator of market confidence.
When we see strong holiday home
prices, it typically signals high economic
optimism. This confidence tends to flow
into the main Melbourne property market
as the year progresses.
So, while you may buy a holiday home
56
If you are buying a property primarily to
for the lifestyle, it pays to watch its
make money, a holiday home is rarely
market for the investment signals it
the best option. It should almost always
provides for the rest of your portfolio.
