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

19,130 properties listed for sale in Australia

1 bed apartments:

77 listed for sale
£42,788 to £444,992
Average: £184,402

2 bed apartments:

172 listed for sale
£57,022 to £770,179
Average: £268,651

3 bed apartments:

94 listed for sale
£77,018 to £855,755
Average: £357,290

2 bed houses:

960 listed for sale
£27,955 to £1,426,258
Average: £173,127

3 bed houses:

2581 listed for sale
£28,240 to £3,137,768
Average: £213,108

4 bed houses:

1722 listed for sale
£42,788 to £2,396,113
Average: £296,932

5 bed houses:

336 listed for sale
£74,165 to £1,711,509
Average: £371,386

Studios:

7 listed for sale
£42,788 to £136,921
Average: £89,895

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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