With its reputation for high standards, Australian property prices are among the most expensive in the world.
And as the price of the house increases, so does the need for capital to buy it.
The average house in the country currently sells for about $4 million.
It’s a huge sum of money to pay to buy a home, but the cost of a house is a big part of why it is the most popular investment vehicle in Australia.
But how much does it really cost to buy an Australian house?
According to the Australian Bureau of Statistics, the average price of a property in Australia in 2016 was $4,066,000.
This is about 20 per cent more than the average value of the average house listed in the United Kingdom, according to the housebuilding website, HESP.
The UK average house price is around $3.4 million, and the Australian average is just under $1.5 million.
How much does that cost?
It depends on the house.
The value of a home depends on many factors including the market, the location of the home, and how much money you have in the bank.
To find out what the average cost of owning an Australian home is, we contacted the industry body, Australian Property and Investment Association (APPIA), to get an accurate figure.
What we found is that a typical house costs $3 million in a typical location in the city, $3,000 more in the inner suburbs, and $1,000 in Sydney.
We also found that a house can be worth anywhere from $600,000 to $1 million depending on the location.
So if you live in Melbourne, you can expect to pay about $1million in house prices in a given year.
That’s a lot of money, and a lot less than the cost you’ll pay in a standard Australian home.
But what about all those other factors?
The most common factor affecting house prices is population.
There are a lot more Australians than in previous years, with more people living in Sydney, Melbourne and Perth.
These areas are growing and therefore the demand for housing is greater.
But when the price is high, this can lead to a housing bubble.
The housing bubble can then burst, causing prices to increase again.
It is difficult to determine the actual value of house prices as they are fluctuating.
But the BIS estimates that the average Australian home would cost between $4.4 and $5.1 million to buy, depending on location, number of bedrooms, and other factors.
And it would be a much larger sum of dollars to pay for a typical Australian home if you had a lot in the banks.
If you’re looking for a house, we would recommend you check with a property agent, because a good agent can negotiate the best price for you.
It will take at least two to three weeks to complete your search, but it’s usually cheaper than renting.
You might also want to check with the property’s agents to see if they can get you the best deal on the property.
To put it into perspective, there are currently about 300 properties in Sydney listed for sale in the area of $3 billion.
So while there are a few houses listed for a little over $2 million, it is much cheaper to buy one.
And if you’re an owner looking to buy your first property, you should do your homework.
Get an agent to look at your properties, get your finance in order, and then come and look at it.