With an estimated worth of more than $3 million, this uninhabited private island 600 metres off the coast of Victoria’s Mornington Peninsula is yet to snag a buyer.

For those dreaming of a peaceful holiday home at a more affordable price point, though, some of Australia’s most charming coastal towns still have plenty to offer.

From the town of Penguin, Tasmania, to Queensland’s Sunshine Cost and the Top End, here’s a selection of holiday homes around the country that you don’t need to be a millionaire to own.

Queensland

Propertyology head of research Simon Pressley believes parts of Queensland are in for price booms, tipping both Cairns the Sunshine Coast as growth areas to watch in 2019.

This four bedroom home in the sleepy Cairns suburb of Bentley Park is surrounded by lush rainforest, and just a short drive from beaches and the centre of town. It’s asking between $430,000 – $449,000.

Set on a quarter-acre block, this three bedroom Queenslander is nestled among the treetops treetop vistas in the Sunshine Coast suburb of Buderim. It’s advertised at $499,000

Victoria

This quaint cottage in the coastal town of Bittern, 49 kilometres southeast of Melbourne’s CBD, has been given a slick restoration that showcases its soaring ceilings, polished floorboards, and heritage design details. It’s asking $495,000 – $544,500.

NSW

This renovated three bedroom home in the popular holiday town of Forster, on the mid-north coast of New South Wales, features a brand new kitchen, bathroom, and ensuite and is advertised at $415,000.

Tasmania

Set on a sprawling ten acres, this period-style homestead in the seaside town of Penguin, Tasmania gets the best of both worlds with both sea and valley views. Offers of $399,000 and over are invited.

Overlooking Georges Bay in St Helens, on Tasmania’s east coast, this three bedroom home is set on 911 square metres. At $275,000 plus, it’s an appealing option for first home buyers and investors.

South Australia

Set on 795 square metres in Marion Bay on the tip of the Yorke Peninsula, this four bedroom home is located five minutes walk from the beach. It’s asking $339,000.

Western Australia

Renovated and relocated, this four bedroom 1920s cottage in WA’s Margaret River, a holiday town renowned for beautiful scenery, gourmet produce and wineries, promises “old time splendour” with all of the modern conveniences. It’s asking $427,000.

Northern Territory

Australia’s Top End was named by The New York Times as one of the world’s top 52 tourist destinations to visit this year, thanks to its rich indigenous culture.

This three bedroom home in the Alice Springs suburb of Sadadeen features a spacious outdoor entertaining area and large saltwater pool. It’s asking $469,500 plus.