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Bargains with a view: the best beachside suburbs for under $1 million

Beachside property can be bought for less than a million dollars and here's five areas identified as having the best potential for property investors seeking sea and affordability.

Port Coogee Marina in Western Australia, with boats and restaurant in background.
At a quarter the price of its Sydney namesake, Coogee in Perth offers a coastal lifestyle close to the city at a relatively affordable price. (Image source: Shutterstock.com)

For most property investors, the idea of living near the water just doesn’t float financially.

A beach lifestyle invariably comes with a price increment

but there are capital city and regional locations close to the water that won’t necessarily sink the budget.

Buying in a beachside or bayside location will always attract a premium price but as the valuers say, they aren’t making any more beaches.

With that in mind, five locations have been id…

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