• The low Aussie dollar is making the high-end rental market at Palm Beach and Whale Beach more competitive than it’s been in recent years as more locals look to holiday at home.

Leading the demand for a glamorous holiday home are big spenders from Sydney, overseas and returning expats, with three top properties leased out for $40,000 a week over the break.

READ MORE VIA DOMAIN.COM.AU

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$40,000 a week: 8 Iluka Road, Palm Beach