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

19,013 properties listed for sale in Australia

1 bed apartments:

116 listed for sale
£52,219 to £431,210
Average: £185,695

2 bed apartments:

240 listed for sale
£52,052 to £703,060
Average: £239,589

3 bed apartments:

102 listed for sale
£31,279 to £1,143,601
Average: £295,063

2 bed houses:

1040 listed for sale
£20,831 to £1,301,963
Average: £164,513

3 bed houses:

2808 listed for sale
£23,435 to £3,234,982
Average: £217,979

4 bed houses:

1994 listed for sale
£18,799 to £8,355,078
Average: £306,134

5 bed houses:

396 listed for sale
£75,514 to £2,349,866
Average: £413,720

Studios:

5 listed for sale
£77,597 to £208,314
Average: £149,777

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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