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

25,362 properties listed for sale in Australia

1 bed apartments:

114 listed for sale
£31,560 to £565,205
Average: £191,828

2 bed apartments:

357 listed for sale
£57,353 to £803,337
Average: £255,464

3 bed apartments:

135 listed for sale
£86,072 to £1,836,199
Average: £374,435

2 bed houses:

1087 listed for sale
£20,083 to £1,721,437
Average: £178,983

3 bed houses:

3296 listed for sale
£25,822 to £6,311,934
Average: £221,427

4 bed houses:

2137 listed for sale
£22,952 to £3,729,779
Average: £304,956

5 bed houses:

420 listed for sale
£57,381 to £6,890,611
Average: £403,710

Studios:

4 listed for sale
£51,643 to £137,141
Average: £96,687

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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