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

20,003 properties listed for sale in Australia

1 bed apartments:

75 listed for sale
£43,511 to £452,514
Average: £192,151

2 bed apartments:

166 listed for sale
£57,986 to £783,197
Average: £266,575

3 bed apartments:

90 listed for sale
£75,419 to £928,233
Average: £374,447

2 bed houses:

942 listed for sale
£28,427 to £1,450,364
Average: £174,380

3 bed houses:

2637 listed for sale
£28,717 to £3,190,801
Average: £216,972

4 bed houses:

1740 listed for sale
£34,519 to £2,436,612
Average: £302,960

5 bed houses:

358 listed for sale
£75,419 to £3,915,984
Average: £383,331

Studios:

6 listed for sale
£43,511 to £223,356
Average: £119,316

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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