Australia holiday home property

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The holiday home property wave has broken but, for the time being at least, living on millionaires' row means there won't be a wipeout.

 While other beach house sales flounder, luxury home markets in locations such as the Gold Coast, Portsea and Margaret River have powered into 2006.

In those markets, multi-million-dollar houses and apartments are selling strongly while other agents complain of their worst lead up to Christmas in a decade.

On the Gold Coast, PRDnationwide agent Doug Green sold three luxury homes for more than $13 million in less than three weeks in the lead up to Christmas.

More here.

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