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

16,081 properties listed for sale in Australia

1 bed apartments:

99 listed for sale
£27,777 to £547,198
Average: £171,580

2 bed apartments:

298 listed for sale
£69,441 to £922,182
Average: £243,110

3 bed apartments:

123 listed for sale
£83,330 to £2,222,126
Average: £365,158

2 bed houses:

630 listed for sale
£22,221 to £1,666,594
Average: £175,117

3 bed houses:

2018 listed for sale
£27,221 to £6,110,846
Average: £210,682

4 bed houses:

1421 listed for sale
£54,442 to £4,999,783
Average: £282,793

5 bed houses:

256 listed for sale
£83,330 to £1,552,710
Average: £361,245

Studios:

1 listed for sale
£172,215 to £172,215
Average: £172,215

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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