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

25,310 properties listed for sale in Australia

1 bed apartments:

133 listed for sale
£26,757 to £527,116
Average: £175,750

2 bed apartments:

372 listed for sale
£53,488 to £1,177,315
Average: £242,660

3 bed apartments:

154 listed for sale
£80,271 to £2,140,573
Average: £375,927

2 bed houses:

1053 listed for sale
£24,081 to £1,605,430
Average: £169,811

3 bed houses:

3143 listed for sale
£26,222 to £5,886,576
Average: £210,431

4 bed houses:

2087 listed for sale
£36,925 to £4,816,289
Average: £279,410

5 bed houses:

406 listed for sale
£73,850 to £1,605,429
Average: £348,729

Studios:

4 listed for sale
£48,163 to £127,899
Average: £95,523

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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