A typical Australian house is a separate house with a garden. Apartments and in-line houses are located near the centers of cities, but individual houses still dominate most areas.
If you take into account the salary, then housing prices in Australia are quite high compared to most other countries. This is probably the result of the desired lifestyle and climate that Australia offers.
Other parts of the world where housing prices are high in comparison with wages, are California, the USA; British Colombia, Canada; And New Zealand. Each of these areas has a soft climate for most of the year and little snow.
Real estate prices in Australia fell compared to previous prices. There is data on which it is obvious that prices in Sydney flew over the past 12 months. But in fact, housing prices in Sydney fell slightly compared to the prices that were recorded 12 months ago. Data collection method or interpretation may have changed, although this seems to be not documented.
Real estate prices differ significantly throughout the country: both in large cities and in various suburbs.
It is not surprising that the further you are from the city, the lower the cost of land and property.
Real estate in central and beach places costs two to four times more than such property in less fashionable and comfortable places. Apartments are often as expensive (sometimes even more expensive) as residential buildings and mansions, since they are always in the centers of cities, while most houses are located in the suburbs and villages. For many buyers, there is a choice between a small apartment in the city center and a large separate house for the whole family in the suburbs – in recent years, the Middle Australian from the Zaporod is forced to move on to other nearest surroundings of large cities in order to find available housing.
Advertising prices are usually indicated from 3 to 8 percent higher than real market prices for real estate. This fact implies the opportunity to agree on a discount on the acquisition of real estate. Two -room one -story houses in most city suburbs are advertised in the amount of $ 175,000 to $ 300,000. Meanwhile, two -story houses with four bedrooms cost from $ 350,000 to $ 500,000.
At the present time, high demand around the world is noted for coastal real estate, which is generally an excellent investment, especially in Sydney. Such houses can have astronomical prices – an acceptable three -room apartment in an attractive building with a sea view costs more than $ 1 million ($ 2 million is a normal house in Sydney or Melbourne).
A few kilometers can make a large difference in real estate price: apartments in central areas cost up to 2500 $ more per square meter than apartments located away. The cost of land is also significantly reduced – starting from 15 km outside the city, and reach the lowest price at a distance of 25 km from the city center. The cost of the land varies from $ 50,000 for a sufficient plot of the site for the construction of the middle country house at least 25 km from cities such as Adelaide, Hobart and Perth, up to $ 400,000 for a similar area of 15 km from the Sydney center (if it is possible to find a free area around Sydney). Depending on the location, even the cost of building a house is changing. The quality of the materials used also affects the price of construction. For example, brick cladding costs from $ 800 to $ 1000 per square meter depending on the location of the house.
Buying real estate in Australia is a long -term investment and is not recommended for those who are looking for short -term benefits.
In Australia, income tax from the sale of investment real estate has also been appointed in Australia. If you buy a house for a limited time or as an investment, you must buy a house that you can safely sell with confidence with a lot of profit. Houses that are sold better and faster have original details and are near the beaches (especially in Queensland). Such houses are in great demand and can rent out vacationers. Luxurious apartments in the city of Brisben, Melbourne and Sydney are also good investments over the past years, but the prices for some of them are currently overestimated. According to most experts, those real estate for which the highest and lowest real estate in the market are most convenient for investment, since their prices are mainly stable.
There are such specialized magazines as Australian Property Investor, which controls the latest so -called hot spots. You can find out the prices of houses in any suburb of Sydney through Sydney Morning Herald Home Price Guide, which lists all sales (both auction and private contractual sales) in the Sydney Lnuity for the last 12 months (it can be ordered online in Australian Property monitors). A similar service is provided in the form of newspapers in other large cities. You can also view advertisements for the sale of real estate on the Internet.
When calculating your budget, you must remember paying for the services of a lawyer, and keep in mind that banks charge a payment for processing a mortgage (one percent of the total mortgage) and require a deposit (usually at least $ 500).