Australian House Prices |
Copied November 2011
Written by: Living in Australia
Average House Prices in Australia
The typical Australian house is detached and has a garden. Apartments and row houses are commoner near the centres
of cities but detached houses still predominate in most areas.
When you take wages into account, Australia’s house prices are high compared with most other countries. This is
likely to result from the desirable lifestyle and climate Australia offers.
Other English speaking parts of the world where house prices are high compared to wages include California,
USA; British Columbia, Canada; and New Zealand. Each of these enjoys a mild climate for most of the year, with
House prices in most Australian cities have been relatively stable for some months now.
Average House Prices
City Average House Price 12 Month Change
Sydney, NSW $582,000 + 2.3 %
Melbourne, Vic $499,000 + 2.5 %
Brisbane, Qld $460,000 + 6.7 %
Adelaide, SA $400,000 - 5.2 %
Perth, WA $495,000 - 2.8 %
Graph of Average House Prices
in Australia’s Major Cities
2004 - 2010
Average Unit Prices
(‘Units’ in Australia are usually apartments)
City Average Unit Price 12 Month Change
Sydney, NSW $450,000 - 1.5 %
Melbourne, Vic $425,000 + 6.8 %
Brisbane, Qld $375,000 + 10.0 %
Adelaide, SA $325,000 - 7.0 %
Perth, WA $412,500 - 11.6 %
Prices courtesy of RP Data.
Information regarding house prices in Australia
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