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Before buying timeshare - do your homework

Timeshare membership costs $23,000 on average with ongoing annual membership costs of $800

Timeshare membership costs $23,000 on average with ongoing annual membership costs of $800 Source: Fizkes-Shutterstock

ASIC found a high level of discontent from timeshare owners


The pace of modern life makes holidaying at exclusive locations a desirable luxury. More than 180,000 Australians have signed up to time-sharing schemes at popular holiday destinations.

However, older owners may find the long-term nature of these arrangements inconvenient as circumstances change following retirement. 

Ne Ne loved the idea of an ongoing ‘home away from home’ with her family. Timeshare made sense to her when her children were still young.

Ne Ne enjoyed the experience so much that she bought a second timeshare in New South Wales just five years after her first purchase in the late eighties.


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