Ninth Island is an island situated in the Bass Strait between Melbourne & Tasmania. It is said there are nearly 5000 islands around Tasmania & only nine are freehold. Ninth Island is about 1.3 km long, 550 meters wide, covering 40 acres (160,390 square meters). You can build your own pre-made villa with a solar system & rain water on this private island for just a few hundred thousand dollars, then reap the benefits of capital appreciation as the worth of the completed project could be potentially worth a few millions.

From the vineyards in northern Tasmania, Ninth Island is clearly visible. Tasmania's most famous wine is named after this "Ninth Island". The island is a paradise for wild animals, including penguins, dolphins and seals and numerous native birds. Princess Mary of Denmark's grandfather's boat was wrecked in the Bass Strait and the survivors reached Ninth Island and were rescued. Ninth Island is a short helicopter flight or 12km by boat from Tasmania's mainland.

The Waterhouse Island next door just sold recently for USD 5,500,000. This famous island could be yours for the price of a 3 bedroom unit in Sydney.