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

14,802 properties listed for sale in Australia

1 bed apartments:

90 listed for sale
£26,573 to £419,852
Average: £157,530

2 bed apartments:

294 listed for sale
£47,300 to £882,221
Average: £224,189

3 bed apartments:

127 listed for sale
£42,464 to £2,125,835
Average: £344,290

2 bed houses:

543 listed for sale
£23,916 to £1,594,376
Average: £171,371

3 bed houses:

1729 listed for sale
£26,041 to £5,846,046
Average: £207,434

4 bed houses:

1214 listed for sale
£52,614 to £4,783,128
Average: £270,991

5 bed houses:

232 listed for sale
£71,747 to £1,485,427
Average: £345,075

Studios:

1 listed for sale
£164,752 to £164,752
Average: £164,752

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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