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

21,202 properties listed for sale in Australia

1 bed apartments:

129 listed for sale
£27,933 to £547,500
Average: £178,339

2 bed apartments:

363 listed for sale
£66,480 to £927,365
Average: £246,150

3 bed apartments:

139 listed for sale
£83,376 to £2,234,614
Average: £367,198

2 bed houses:

910 listed for sale
£22,346 to £1,675,961
Average: £171,095

3 bed houses:

2809 listed for sale
£27,236 to £6,114,213
Average: £212,668

4 bed houses:

1955 listed for sale
£25,139 to £5,027,882
Average: £284,565

5 bed houses:

382 listed for sale
£76,706 to £2,122,883
Average: £366,232

Studios:

3 listed for sale
£105,609 to £173,183
Average: £137,212

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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