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Ultra high net worth Aussies circling Pumpkin, aka XXXX, Island

Ultra high net worth Aussies circling Pumpkin, aka XXXX, Island
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The private tropical islands up for sale in Australia

A number of private islands are up for sale in Australia, with some expected to go under the hammer for less than the average price of a Sydney home. Ten tropical islands are now on the market near the Queensland coast, with Poole Island offering buyers a slice of paradise for only $999,000. Located near the Whitsundays, the 20ha enclave boasts its own 700ft runway to cater for small aircraft, alongside two large homes built in the 1800s with sea views. Poole Island in the Whitsundays is advertised for the bargain price of just $999,000 Pumpkin Island (pictured) located in Keppel Bay on the southern Great Barrier Reef is the latest private island to hit the market

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Queensland tourism operators devastated as Covid border closures force mass cancellations

Laureth Rumble, who runs a resort in Queensland’s Whitsunday Islands, fears she is facing an 85% vacancy rate over the Christmas break after NSW holidaymakers cancelled trips due to NSW border closures. Photograph: Alamy Tourism businesses in regional Australia have reported losing up to 85% of summer bookings in a day as state borders closed to greater Sydney residents. While the ban on international travel has supercharged domestic tourism demand, some popular destinations such as the Whitsundays have been hit with cancellations from big-spending Sydneysiders now unable to travel interstate during what is usually one of the busiest weeks of the year for tourism operators.

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