Guess what, 3 Australian cities have ranked in the top 5 in the world for having the most sought after watefront properties.
Can you guess which one topped the list?
Sydney of course while you might think Bondi Beach would be the most logical waterfront location it?s actually the properties with harbour views that are the most attractive, with an average premium of 121%, compared to houses inland without any water views.
Unsurprisingly with its beautiful beaches, Gold Coast ranked third and Perth came in fourth with buyers looking to spend up big to get river views.
What does this all mean?
If you have a waterfront property in Australia you could set yourself up well for retirement with buyers ready to pay some of the highest premiums in the world.