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

18,226 properties listed for sale in Australia

1 bed apartments:

60 listed for sale
£33,804 to £510,132
Average: £196,088

2 bed apartments:

156 listed for sale
£61,431 to £768,270
Average: £302,626

3 bed apartments:

63 listed for sale
£128,455 to £1,843,849
Average: £437,694

2 bed houses:

897 listed for sale
£21,512 to £1,382,887
Average: £183,840

3 bed houses:

2408 listed for sale
£27,658 to £3,380,390
Average: £240,721

4 bed houses:

1626 listed for sale
£73,754 to £3,684,625
Average: £327,732

5 bed houses:

313 listed for sale
£84,817 to £2,151,157
Average: £401,604

Studios:

3 listed for sale
£146,893 to £236,627
Average: £177,009

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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