So are your whole family members? And how available is membership and rooms once a member? looks good but very small so I'm guessing it's not easy to get in to.
No I'm not a member. I was interested but landed elsewhere. Small lodge but probably has a small membership to go with it. Club seemed well run by experienced members. They have just completely renovated the whole building, so technically good for next 30 yrs. The club does have some debt however as a consequence which I think the members are on the hook for. But debt is normal. Need to rebuild lodges every 30 to 40 yrs I reckon, so this needs to be reflected in the cost base. Has a $25 K buy in from memory.
One of the lodges I noted at CP last year had a membership available sign in window. But building was near end of life I'd say, so beware of this situation.
$50 K for a share in a semi fancy Thredbo lodge I saw in real estate window at Thredbo. Was also considering a share in High Noon at Thredbo too, was for sale for $25k which apparently was "over the odds" at the time, but hard to value these things. Lodges with expensive buy ins usually have resellable shares, so the money isn't lost, just locked up in a semi-illiquid asset.
But it is Guthega, so early and late season skiing means driving over to Front Valley. Just be aware.
Thredbo Valley Farm was about $18 K for membership share from memory. But easy access to both Perisher and Thredbo.
Lodge membership is the way to go, but can be hard to get into. But persistence pays. But lot's of families plonk tens of thousands on caravans/4WDs/overseas holidays etc so just needs to be viewed as a cost of doing skiing.
Most places have a fairly sensible balance of membership pool versus fees versus availability. But it will be a shared facility with obvious peaks in demand.
