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

586 properties listed for sale in Australia

1 bed apartments:

9 listed for sale
£25,517 to £295,485
Average: £168,949

2 bed apartments:

6 listed for sale
£117,378 to £484,820
Average: £254,275

3 bed apartments:

3 listed for sale
£216,893 to £561,371
Average: £438,039

2 bed houses:

38 listed for sale
£22,965 to £1,531,011
Average: £229,388

3 bed houses:

88 listed for sale
£48,482 to £6,228,851
Average: £294,528

4 bed houses:

41 listed for sale
£101,557 to £665,354
Average: £271,575

5 bed houses:

5 listed for sale
£96,454 to £305,692
Average: £232,010

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

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