With the block of land thing- if you had 100k cash you could quite comfortably buy the block and transport a house from another location - so you can get an income stream - then pull out equity made for next purchase
Having said that - surf beach isn't where I would be doing it
As for...
Well in general what everyone has said about the beach house is correct
However I reckon certain parts of the island will boom in the next couple of years
Especially cape Woolamai. It's one of the most preferred rental locations on the Islabd. Reasoning? It's the best surf ... (Subject to...