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

22,441 properties listed for sale in Australia

1 bed apartments:

119 listed for sale
£39,201 to £387,050
Average: £169,482

2 bed apartments:

260 listed for sale
£49,597 to £669,894
Average: £233,479

3 bed apartments:

127 listed for sale
£30,282 to £1,984,870
Average: £283,926

2 bed houses:

1210 listed for sale
£19,352 to £1,240,544
Average: £158,338

3 bed houses:

3363 listed for sale
£7,533 to £3,131,817
Average: £203,358

4 bed houses:

2380 listed for sale
£5,055 to £3,721,632
Average: £284,141

5 bed houses:

482 listed for sale
£64,508 to £2,274,928
Average: £362,413

Studios:

8 listed for sale
£66,989 to £198,487
Average: £119,526

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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