Every year over the summer holidays, a great migration takes place. Australians, in their droves, pack their bags, load up their cars and head for the coast or the country for a well-earned vacation.
Many who enjoy magical summer getaways also have an annual dream of buying a holiday home of their own – a dream that has been made more financially feasible in recent years by the possibility of renting it out through one of the popular short-stay accommodation platforms such as Airbnb and Stayz.
But new regulations being rolled out by governments and councils are biting into this short-stay rental proposition.
So, for anyone seriously contemplating their future holiday plans, here are some of the pros and cons of buying a holiday home