Australian Housing

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 %