Exploring Global Homes You Can Buy for Australia’s Median House Price

Australia’s soaring median house price reached $1,280,159 in December, prompting many buyers to explore international options for their property investments. This budget opens various opportunities around the world, showcasing a selection of homes that can be owned for the same amount.

Explore Global Homes Within Australia’s Median House Price

Italy: Cerchiaia, Coroncina

Located a short drive from Siena, Italy, a four-bedroom property in Cerchiaia is listed for approximately $996,500. Renovated in the late 1990s, this home consists of two separate apartments. It offers a cozy living room with a fireplace and a charming dining area featuring arched windows. Buyers can expect to indulge in local Tuscan wineries and delicious cuisine.

USA: New York City, Brooklyn

In Brooklyn’s Flatbush neighborhood, a home can be purchased for approximately $1.2 million. This residence features three bedrooms and is conveniently located near subway access to Manhattan. For a more urban setting, a $1.27 million pied-à-terre in Midtown East, measuring about 70 square meters, boasts a renovated kitchen and generous storage options.

Canada: Toronto

Toronto’s real estate market is currently benefiting from a slowdown in prices, making it an appealing option for international buyers. A four-bedroom house in the city’s west end is available for $1.3 million. Currently configured as two self-contained units, it has been in the same family for nearly 50 years, nearby shopping, and transportation.

New Zealand: Christchurch

In coastal Sumner, close to Christchurch, New Zealand, a three-bedroom home is listed for $929,000. This property reflects a classic 1950s facade and is just a short stroll from the beach. Despite its serene environment, downtown Christchurch is only a 10-minute drive away.

Chile: Zapallar

Known as the “Hamptons of Chile,” Zapallar offers a delightful four-bedroom beach house for $756,000. Located about two hours from Santiago, this property features high ceilings, a lush garden, and proximity to stunning beaches, making it an attractive summer retreat.

Japan: Nagano

For winter enthusiasts, a two-bedroom property in Nagano is available for $916,000. Set in the resort town of Karuizawa, this home includes a terrace and fireplace, perfect for enjoying the picturesque Alpine landscape. It is also conveniently situated about an hour from Tokyo by train.

France: Paris

For those dreaming of Paris, a compact 39-square-meter apartment can be acquired for $1 million. Located on the first floor of a historic building, this beautifully renovated space is ideal for individuals seeking to embrace the Parisian lifestyle.

Portugal: Lisbon

Lisbon offers a two-bedroom duplex in the historic Estrela district for around $1.2 million. Designed by local artist and architect Maria Ana Vasco Costa, this lovely home features a spacious 90-square-meter terrace, providing an ideal spot for relaxation or social gatherings.

With diverse options across different countries, international real estate presents enticing alternatives for home buyers facing high prices in Australia. Exploring these global homes can enhance the prospects for prospective buyers keen on making an investment.