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

19,727 properties listed for sale in Australia

1 bed apartments:

71 listed for sale
£32,472 to £460,513
Average: £198,930

2 bed apartments:

177 listed for sale
£59,011 to £797,041
Average: £267,210

3 bed apartments:

82 listed for sale
£76,752 to £944,641
Average: £384,115

2 bed houses:

923 listed for sale
£23,616 to £1,476,002
Average: £177,746

3 bed houses:

2602 listed for sale
£26,568 to £3,247,204
Average: £220,930

4 bed houses:

1680 listed for sale
£64,944 to £2,332,083
Average: £310,868

5 bed houses:

354 listed for sale
£38,376 to £3,985,204
Average: £403,044

Studios:

5 listed for sale
£44,280 to £227,304
Average: £128,589

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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