Wednesday, October 22, 2014

Island Market

Australia: Cautious Optimism across Australia’s Private Island Market

Orpheus Island - Courtesy of Vladi Private Islands

A cautious sense of optimism is creeping in Down Under, as signs suggest that after over 10 years in financial free-fall, the Australian private island market is finally bottoming out.

Orpheus Island – Courtesy of Vladi Private Islands

One of the world’s most beleaguered private island markets is slowly showing signs …Read More: Australia: Cautious Optimism across Australia’s Private Island Market

Island Market

Orpheus Island caught for a ‘bargain’

Hammock

Melbourne-based Computershare Ltd founder, Chris Morris, recently bought Queensland’s Orpheus Island (Goolboddi), situated off the North-East coast of Australia on the Great Barrier Reef, 190km from Cairns and 80km (a half hour flight) from Townsville. Morris would not disclose his final price, but is said to have purchased the island for below AUD 10 …Read More: Orpheus Island caught for a ‘bargain’