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

15,593 properties listed for sale in Australia

1 bed apartments:

93 listed for sale
£26,589 to £523,802
Average: £157,526

2 bed apartments:

290 listed for sale
£47,328 to £882,753
Average: £223,969

3 bed apartments:

128 listed for sale
£42,489 to £2,127,116
Average: £358,536

2 bed houses:

576 listed for sale
£23,930 to £1,595,337
Average: £171,037

3 bed houses:

1889 listed for sale
£26,057 to £5,849,569
Average: £207,237

4 bed houses:

1347 listed for sale
£52,646 to £4,786,011
Average: £271,921

5 bed houses:

258 listed for sale
£71,790 to £1,486,322
Average: £341,496

Studios:

1 listed for sale
£164,851 to £164,851
Average: £164,851

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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