Geographic Information

Description of Australia
Australia likes to describe itself as a ‘land of plenty’ and this is certainly no boast. Coral reefs, endless beaches, lofty mountains and burning deserts with fascinating natural rock formations contrast with bustling towns and cosmopolitan cities. Frequently ranked as one of the countries with the highest quality of life in the world, it is a dream destination for expats. Indeed, Australia ranks just below Spain and France as one of the main targets for British buyers looking to retire in the sun. The superb climate encourages an outdoor lifestyle; the cuisine is superb and varied, and the local wines are rightly celebrated all over the world. Investors interested in what is a well developed rental market will also note Australia’s stable economy and its growing property prices, partly driven by demand from overseas.

Current Property Prices in Australia

22,380 properties listed for sale in Australia

1 bed apartments:

104 listed for sale
£40,848 to £407,287
Average: £176,018

2 bed apartments:

265 listed for sale
£51,681 to £698,041
Average: £243,347

3 bed apartments:

139 listed for sale
£31,278 to £2,068,268
Average: £339,453

2 bed houses:

1205 listed for sale
£15,665 to £1,292,668
Average: £163,129

3 bed houses:

3351 listed for sale
£7,780 to £3,234,801
Average: £209,146

4 bed houses:

2311 listed for sale
£5,222 to £2,480,275
Average: £294,348

5 bed houses:

461 listed for sale
£67,219 to £2,506,383
Average: £366,769

Studios:

6 listed for sale
£54,292 to £129,267
Average: £89,452

How to Buy Overseas Property Safely

Italy's Flag

Key Facts:

Currency: AUD
Time Zone: various (UTC+8 to +10.5)
DialCode: +61
Languages: None{{refn
Capital: Canberra
Population: 21,507,717
GDP: $1.252 trillion

Latest News & Features for Australia

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