The idea of owning a weekender by the beach was still the number one fantasy for Australians according to a survey by real estate firm PRDNationwide.
The poll, which was carried out with nearly 2000 home owners and investors across Australia, showed 56 per cent of respondents wanted a beach house as their weekend getaway.
Twenty-two per cent of respondents said they’d prefer a city apartment, while 16 per cent would like a ski property.
PRDnationwide research director Aaron Maskrey said the overwhelming majority of Australians would prefer the second property to be in their own state, with only four per cent of survey respondents interested in an interstate property.
“If someone can afford a holiday home, they don’t want to have to travel too long to get there,” he said.
“While in the current economic environment a second property is not possible for some people, a property at the beach is still on the wish list,” he said.
“A lot of these coastal properties have seen price discounts – so owning a beach house might become a reality for more people in 2011,” he said.
Mr Maskrey said only one per cent of those surveyed would choose a rural property as a second home.