At $120 a night, Magpie Cottage is a steal

MONEY MATTERS: Owner of Magpie Cottage at Culburra Beach Barbara Janson offers good value at $120 per night, while in Sydney some properties get $40,000 per week in holiday rent.A FIBRO house at Culburra Beach has earned the title of cheapest holiday rental for $120 per night while in Sydney people are paying $40,000 per week.

One of the cheapest holiday houses on the South Coast, according to Stayz, is Magpie Cottage, at Culburra Beach.

The two-bedroom fibro shack has fairly basic accommodation but a reasonable price tag of $120 a night in the peak period.

The owner, Barbara Janson, bought the 1960s home last year and has been busy renovating it.

“We have been bringing it up to speed but at the same time trying to keep that old yesteryear style,” she said.

With a main bedroom for the parents and a second bedroom fitted with bunk beds, the property can sleep six.

It might not have a pool or air conditioning but it is easy to keep cool at the beach, which is three minutes’ drive down the road.

And its price can’t be beaten.

“You have to be reasonable so all people can enjoy a holiday,” Ms Janson said.

“We think it’s a bargain.”

Nearby in Currarong there is another great fibro home called Seabreeze up for grabs for $145 a night. With two bedrooms this one can sleep only four but is considerably closer to the beach.

At the extreme other end of the spectrum in Sydney suburbs the most expensive short-term offering for holidaymakers this Christmas-New Year break was the Bellevue Hill estate Barford. The well-known star haunt, for sale for more than $55 million, commands $60,000 for a week.

Jessica Kirkpatrick, of Luxe Houses, said it had rented for $40,000 a week in previous years but because the owners, businessman Ian Joye and his wife Maggie, are in town over the holidays they have increased the price to justify vacating the property.

Of those top-price rentals already snapped up, the most expensive is the La Corniche apartment in McMahons Point.

A family from Britain paid $40,000 for five nights over New Year’s Eve, but it is still available in January.

In Palm Beach, the LJ Hooker office has struggled to find enough luxury homes to meet the demand from wealthy clients. The most expensive rental is the waterfront property called Pittwater Retreat, which was snapped up between Christmas and New Year for $40,000 a week.

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