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

25,682 properties listed for sale in Australia

1 bed apartments:

131 listed for sale
£27,852 to £548,688
Average: £186,133

2 bed apartments:

385 listed for sale
£55,677 to £774,291
Average: £249,788

3 bed apartments:

135 listed for sale
£83,557 to £1,671,131
Average: £405,088

2 bed houses:

1057 listed for sale
£13,926 to £1,671,131
Average: £174,635

3 bed houses:

3181 listed for sale
£19,497 to £6,127,479
Average: £216,109

4 bed houses:

2109 listed for sale
£52,919 to £3,339,476
Average: £295,354

5 bed houses:

421 listed for sale
£76,872 to £6,890,611
Average: £398,934

Studios:

3 listed for sale
£50,134 to £133,133
Average: £96,368

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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