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Back to the beach
Released 2 February 2011

Almost 60 per cent of 2000 people polled by PRDnationwide in January said they would choose to have a second home at the beach.  

Only 22 per cent of respondents preferred an apartment in the CBD, 16 per cent would choose a property in a location close to ski fields, and only one per cent would consider a rural property.

Aaron Maskrey, Research Director for PRDnationwide, says most respondents also wanted a second property in their own state, with only four per cent willing to travel interstate.

Aaron adds that while the current economic environment might make a second property elusive for some, a lot of coastal properties have seen price discounts. “So owning a beach house might become a reality for more people in 2011.”