A holiday home isn’t just a property purchase — it’s a lifestyle decision. Done well, it becomes the place you return to for years. Done badly, it becomes an expensive, rarely-used headache.
This guide gives you a clear plan from “where should we buy?” through to “how do we keep it easy to own?”
Step 1: Choose the lifestyle before the suburb
Holiday homes generally fall into lifestyle categories:
Beach & Coastal: walkability, cafés, ocean lifestyle, high demand
Hinterland: views, privacy, cool nights, more land feel
Country & Rural: space, sheds, hobbies, bigger blocks
Off-grid: simplicity and privacy, but infrastructure-heavy
Waterfront: stunning lifestyle, higher upkeep
Over-50s / lifestyle living: comfort + community + low-maintenance
Quick truth: you’ll use it more if access is easy.
Step 2: Budget for the full cost (not just the mortgage)
Holiday homes often cost more to run because they sit empty:
insurance (can be higher in coastal/fire/flood zones)
rates + utilities
maintenance (salt air, trees, gutters, decks)
pest control and mould prevention
occasional repairs after storms
A smart owner builds a “boring buffer” so upkeep never feels stressful.
Step 3: Inspect like a pro (especially in lifestyle zones)
Different locations have different “usual suspects”:
coastal: corrosion, seals, deck wear
hinterland: moisture, gutters, pests
rural: tanks, pumps, septic, access roads
Always get a solid building/pest inspection and ask for maintenance history where possible.
Step 4: Decide: personal use only, or rent it out sometimes?
Renting can help costs — but it adds workload:
cleaning, linen, restocking
wear-and-tear
guest issues and maintenance coordination
rules that may apply locally
If you rent, set it up like a small business: systems + durable finishes.
Step 5: Have an exit plan (even if you’ll never sell)
Ask:
is this home too unique to resell?
would it work as a long-term rental if needed?
does it have broad buyer appeal?
What to do next
Browse holiday & lifestyle properties by category
Shortlist 5–10 listings and compare with a scorecard
Inspect, verify risks, and buy with confidence
Explore listings Join HolidayHomesForSale.com.au
