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
26,059 properties listed for sale in Australia
1 bed apartments:
144 listed for sale£27,535 to £545,196
Average: £185,665
2 bed apartments:
425 listed for sale£55,043 to £859,097
Average: £245,386
3 bed apartments:
161 listed for sale£82,605 to £2,202,813
Average: £383,176
2 bed houses:
1084 listed for sale£24,782 to £1,652,110
Average: £178,155
3 bed houses:
3200 listed for sale£26,984 to £3,854,923
Average: £214,780
4 bed houses:
2136 listed for sale£38,549 to £4,956,329
Average: £288,875
5 bed houses:
408 listed for sale£75,997 to £1,652,109
Average: £355,262
Studios:
5 listed for sale£49,563 to £131,618
Average: £101,770
Key Facts:
Currency: AUDTime 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
Latest News
New home sales see “modest decline” Down Under
Expats in Australia head to New South Wales and Victoria
Australian housing approvals enjoy positive start to 2017
House prices in Australia’s capital cities up 11pc
Shanghai: Asia Pacific’s number one for real estate investment
Why long-term investment pays off in Australia
More people living in Melbourne as Australian population grows
First direct flight from Australia to Europe will take off in 2018
Stamp duty burden grows for Australian families
Hobart and Canberra: Australia’s new investment hotspots?
Positive signals from Perth land market
Which foreigners are buying up Australia’s farmland?
Melbourne still the world’s most liveable city
Compared: Which is the best tax-friendly location to live?
Asia Pacific ranked most improved for real estate transparency
Asian investors turn to fringes of Perth
Melbourne leads Australian population growth
Chinese investment doubles Down Under
Growth returns to new home approvals in Australia
Australia set for another year of low rates
Expats in Australia head to New South Wales and Victoria
Australian housing approvals enjoy positive start to 2017
House prices in Australia’s capital cities up 11pc
Shanghai: Asia Pacific’s number one for real estate investment
Why long-term investment pays off in Australia
More people living in Melbourne as Australian population grows
First direct flight from Australia to Europe will take off in 2018
Stamp duty burden grows for Australian families
Hobart and Canberra: Australia’s new investment hotspots?
Positive signals from Perth land market
Which foreigners are buying up Australia’s farmland?
Melbourne still the world’s most liveable city
Compared: Which is the best tax-friendly location to live?
Asia Pacific ranked most improved for real estate transparency
Asian investors turn to fringes of Perth
Melbourne leads Australian population growth
Chinese investment doubles Down Under
Growth returns to new home approvals in Australia
Australia set for another year of low rates
Latest Articles
Compared: Which is the best tax-friendly location to live?
Buying property in Australia as a foreigner
How to buy a property abroad
Why rent a serviced office in Melbourne?
A guide to serviced offices in Sydney
Investments Explained: Residential property
Alternative Investments Explained: Carbon Credits
WATCH: Sydney Real Estate & Property Tips
Sydney tops property rich list
Watch – Why investors should always buy bad properties
Now is “a great time to buy” Australian property
Gloomy outlook for Australia home building
Watch – Home buyer tips: Flinching
Video – Why is it important to have a deposit when applying for a home loan?
Revealed: Sydney’s top 5 rental hotspots
Oz investors look abroad for better deals
Revealed: Australia’s most liveable city
World’s best beach destinations named
Australia’s top property investment locations revealed
Investment Watch: Investors go to Disneyland
Buying property in Australia as a foreigner
How to buy a property abroad
Why rent a serviced office in Melbourne?
A guide to serviced offices in Sydney
Investments Explained: Residential property
Alternative Investments Explained: Carbon Credits
WATCH: Sydney Real Estate & Property Tips
Sydney tops property rich list
Watch – Why investors should always buy bad properties
Now is “a great time to buy” Australian property
Gloomy outlook for Australia home building
Watch – Home buyer tips: Flinching
Video – Why is it important to have a deposit when applying for a home loan?
Revealed: Sydney’s top 5 rental hotspots
Oz investors look abroad for better deals
Revealed: Australia’s most liveable city
World’s best beach destinations named
Australia’s top property investment locations revealed
Investment Watch: Investors go to Disneyland