Thanks for your replies everyone .

The place we are looking we would be able to rent out over peak seasons at quite a good rate, up to $3,000 per week over Christmas! But the downside is, it's in Victoria so it is VERY seasonal and there is a big chunk of year it wouldn't be rented out (and we could use it, yay!). We found a place we LOVE on the weekend, I wish we hadn't gone and seen it , it pains me that we can't have it NOW haha!