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

25,205 properties listed for sale in Australia

1 bed apartments:

127 listed for sale
£33,804 to £1,843,849
Average: £228,229

2 bed apartments:

375 listed for sale
£52,242 to £860,463
Average: £273,533

3 bed apartments:

134 listed for sale
£92,192 to £1,843,849
Average: £398,944

2 bed houses:

1092 listed for sale
£30,731 to £1,690,195
Average: £189,188

3 bed houses:

3306 listed for sale
£30,116 to £6,760,780
Average: £237,361

4 bed houses:

2186 listed for sale
£24,585 to £3,995,006
Average: £325,662

5 bed houses:

433 listed for sale
£61,462 to £5,408,624
Average: £409,760

Studios:

2 listed for sale
£95,266 to £146,893
Average: £121,079

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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