Boasting a great climate and probably the most beautiful beaches in the world, Australia has always been a popular holiday destination, however, over more recent years there has also been a considerable increase in the amount of people immigrating to the country.An upgrade in both the transportation service and health service makes Australia a more viable place to reside or retire and with some very affordable house prices, as well as low interest rates there has been a recent boom in investment.Both nationals and international investors alike are finding many bargain real estate in rainbow beach on the outskirts of main towns and cities and a good number of renovation properties which can bring in a fantastic profit if done properly.