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

22,495 properties listed for sale in Australia

1 bed apartments:

116 listed for sale
£28,217 to £379,472
Average: £168,581

2 bed apartments:

268 listed for sale
£48,626 to £670,350
Average: £244,998

3 bed apartments:

120 listed for sale
£65,678 to £973,004
Average: £335,251

2 bed houses:

1240 listed for sale
£15,890 to £1,216,255
Average: £152,376

3 bed houses:

3365 listed for sale
£24,082 to £2,482,779
Average: £197,712

4 bed houses:

2326 listed for sale
£27,311 to £3,648,766
Average: £286,801

5 bed houses:

489 listed for sale
£41,353 to £4,135,269
Average: £393,800

Studios:

12 listed for sale
£43,299 to £374,607
Average: £134,761

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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