Real Estate in Airlie Beach, Australia
Last updated on Mar 17, 2023
Summary: People living in Airlie Beach, Australia offer advice about real estate. How do you find a home in Airlie Beach? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Airlie Beach?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Airlie Beach, involves several steps. First, you need to determine your budget and what type of accommodation you're looking for. This could range from a shared house, an apartment, or a standalone house. Next, you should start your search online. Websites like realestate.com.au, domain.com.au, and flatmates.com.au are popular platforms for finding rental properties in Australia. You can filter your search based on your preferences such as location, price, number of bedrooms, and property type. Another option is to engage a real estate agent in Airlie Beach. They can help you find properties that match your criteria, arrange viewings, and guide you through the application process. Local newspapers and community bulletin boards may also have listings for rental properties. Once you've found a potential place, you'll need to submit an application. This usually involves providing references, proof of income, and possibly a credit check. If your application is accepted, you'll then sign a lease agreement. This is a legally binding document that outlines the terms of your rental, including the duration, rent amount, and any rules or restrictions. Finally, before moving in, you'll typically need to pay a bond (usually equivalent to four weeks' rent) and the first month's rent in advance. The bond is held as security in case of any damage to the property or unpaid rent. Remember, it's important to thoroughly inspect the property before signing the lease and to understand all the terms and conditions of the lease agreement," remarked one foreigner who made the move to Airlie Beach.
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What is a typical expat home or apartment like in Airlie Beach?
"A typical expat home or apartment in Airlie Beach, is often a modern, spacious property with a stunning view of the Coral Sea. These homes are usually designed to take advantage of the tropical climate, with large windows and outdoor living spaces. The interiors are often open-plan, with a seamless flow between the kitchen, dining, and living areas. Many homes have multiple bedrooms and bathrooms, making them suitable for families or for hosting guests. The properties often come with amenities such as air conditioning, a swimming pool, and a garage. They are usually located within close proximity to the beach, local shops, restaurants, and other attractions. Some homes may even have direct access to the beach. The architecture and design of these homes often reflect the laid-back, beachside lifestyle of Airlie Beach, with a focus on comfort, relaxation, and enjoying the beautiful surroundings. In terms of decor, many expat homes in Airlie Beach feature a coastal or tropical theme, with light, airy colours, natural materials, and beach-inspired artwork. However, as these are often privately owned properties, the decor can vary greatly depending on the owner's personal taste. Despite being located in a popular tourist destination, these homes often offer a sense of privacy and tranquility, allowing expats to enjoy the best of both worlds - the vibrant, bustling atmosphere of Airlie Beach and the peaceful, relaxed lifestyle of a beachside home," said one person in Airlie Beach.
What is the average cost of housing in Airlie Beach?
If you are thinking about moving to Airlie Beach, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Airlie Beach can vary greatly depending on the type and size of the property. As of recent data, a typical house in this area may cost around the mid to high six-figure range in Australian dollars. However, more luxurious properties or those with ocean views can easily reach into the millions. For apartments or units, the average price is generally lower, often falling in the low to mid six-figure range in Australian dollars. It's important to note that these are average costs and actual prices can vary based on a variety of factors including location, condition of the property, and the current state of the real estate market," said one person in Airlie Beach.
Should I buy or rent a home in Airlie Beach?
If you have not spent a lot of time in Airlie Beach, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Airlie Beach, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Airlie Beach for a long time, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide you with a sense of stability and permanence. On the other hand, if you're not sure about your long-term plans or if your job requires you to move frequently, renting might be a better option. Renting offers more flexibility and less responsibility for maintenance and repairs. It also requires less upfront capital than buying a home. Financially, you need to consider the costs associated with each option. Buying a home involves significant upfront costs, including the down payment, closing costs, and home inspection fees. However, it could be more cost-effective in the long run if property values increase. Renting, on the other hand, typically involves lower upfront costs, but you won't build equity or potentially benefit from rising property values. You'll also have to deal with potential rent increases and the possibility of having to move if the landlord decides to sell the property. In conclusion, whether you should buy or rent a home in Airlie Beach, Australia, depends on your personal and financial circumstances. It's important to weigh the pros and cons of each option and consider seeking advice from a financial advisor or real estate professional," explained one person living in Airlie Beach, Australia.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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