Is Your Aussie Holiday Home Costing You More Than It Should?

Owning a holiday home has always felt like the ultimate Aussie dream — a beachside escape you can call your own. But that dream is getting a lot more expensive, and a lot more complicated.

Right now, thousands of Australian holiday homes are losing key tax deductions. The ATO's updated stance classifies many privately used properties as "leisure facilities," meaning you could no longer claim interest, insurance, or repair costs unless your home is genuinely earning income. Add rising council crackdowns on short-stay rentals, and suddenly that solo-owned beach house feels more like a financial burden than a lifestyle reward.

So what's the smarter move?

Brisbane-based proptech founders behind Copay say the answer is simple — stop owning 100% of something you use 10% of the time.

Shared ownership is changing the game.

Through co-ownership platforms like Copay, four to eight like-minded families can share a single premium holiday home — splitting costs, splitting responsibilities, but never compromising on the experience. You get fair-share access every year, a professional manager handling the operations, and an AI-powered booking system keeping everything running smoothly.

The best part? You step into a premium holiday home in sought-after destinations like the Sunshine Coast or Byron Bay from as little as $175K — without carrying the full debt, the full maintenance headache, or the full regulatory risk on your own.

This is what Copay calls lifestyle portfolios — owning the part of life you actually live, backed by clear legal structures and real transparency.

For families who've worked hard and want more than just a financial return, shared ownership delivers something rare: genuine lifestyle value at a fraction of the traditional cost.

The rules around Aussie holiday homes are tightening. The costs are climbing. But the opportunity to own smarter has never been clearer.

Read the full story and discover how Copay is leading this shift in the way Australians invest in lifestyle assets.

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