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

19,291 properties listed for sale in Australia

1 bed apartments:

67 listed for sale
£33,054 to £468,163
Average: £191,941

2 bed apartments:

180 listed for sale
£60,068 to £811,322
Average: £280,453

3 bed apartments:

67 listed for sale
£125,605 to £901,469
Average: £392,564

2 bed houses:

898 listed for sale
£21,034 to £1,502,448
Average: £176,386

3 bed houses:

2477 listed for sale
£27,044 to £3,305,386
Average: £234,746

4 bed houses:

1651 listed for sale
£66,108 to £3,602,871
Average: £323,191

5 bed houses:

314 listed for sale
£82,935 to £2,403,917
Average: £404,448

Studios:

4 listed for sale
£89,546 to £231,377
Average: £152,198

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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