Have a look at the graph below for a summary of differences in house prices in different parts of Australia.
What could you buy with $1.1 million around Australia
With a budget of $1.1m (the median house price in Sydney), we compared properties in all capital cities using the following checklist:
Here’s what we found you could buy with a budget of $1.1m in different locations when we looked at the prices of homes that sold recently (advertised prices can be misleading).
Sydney – a reasonable apartment
(Median house price $1.1m)*
* In Bronte and Coogee in Sydney, there were no houses or townhouses in this price range, only apartments
Melbourne – a townhouse or a small house
(Median house price $795,000)
Perth – a large, free-standing house
(Median house price $573,000)
Brisbane – a very large, free-standing house
(Median house price $541,000)
Adelaide – a large house
(Median house price $501,000)
If you are looking for a good lifestyle, without the big pricetag, there are options in large cities with a great lifestyle.
When working with GPs to find them jobs across Australia, we provide advice on all aspects of life. We can let you know where the good schools are, where your partner may be able to find work and the best places to live given your budget and lifestyle desires. Don’t hesitate to contact us today for more information.
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