Island real estate resisting wider property price pressures
As mainland property prices decline around Australia, islands are presenting property investment and lifestyle opportunities that are proving irresistible to many buyers.
Property in blue chip locations such as Hamilton Island is in strong demand. (Image source: Shutterstock.com)
While the geography and level of development on the 8,222 islands around Australia varies widely, the property market for island real estate has essentially remained uniformly solid in the face of rising interest rates
.From the country’s second largest island, South Australia’s Kangaroo Island, to tiny islands housing little more than a tin shed, prices have often soared in the past five years and proven more resilient than the mainland over th…
