Australian Housing Costs
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.
Australian Cities Average House Prices September 2014
| City | Average House Price | 12 Month Change |
|---|---|---|
| Sydney, NSW | $750,000 | + 14.9 % |
| Melbourne, VIC | $590,000 | + 8.5 % |
| Brisbane, Qld | $480,000 | + 6.7 % |
| Adelaide, SA | $413,000 | + 6.1 % |
| Perth, WA | $538,000 | + 3.2 % |
Australian Cities Average Unit Prices September 2014 (‘Units’ in Australia are usually apartments)
| City | Average Unit Price | 12 Month Change |
|---|---|---|
| Sydney, NSW | $575,000 | + 11.5 % |
| Melbourne, VIC | $460,000 | + 5.2 % |
| Brisbane, Qld | $365,000 | + 1.4 % |
| Adelaide, SA | $331,000 | + 1.9 % |
| Perth, WA | $430,000 | + 4.0 % |