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

18,245 properties listed for sale in Australia

1 bed apartments:

52 listed for sale
£33,804 to £605,397
Average: £203,963

2 bed apartments:

160 listed for sale
£61,431 to £768,270
Average: £297,942

3 bed apartments:

61 listed for sale
£128,455 to £1,843,849
Average: £460,962

2 bed houses:

875 listed for sale
£30,731 to £1,382,887
Average: £185,966

3 bed houses:

2337 listed for sale
£30,424 to £3,380,390
Average: £241,006

4 bed houses:

1570 listed for sale
£58,389 to £3,684,625
Average: £327,165

5 bed houses:

303 listed for sale
£84,817 to £1,843,848
Average: £394,137

Studios:

2 listed for sale
£55,315 to £146,893
Average: £101,104

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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