We love our castles—Australian homes remain the biggest globally

Australian homes remain the biggest globally

Australian homes remain the biggest globally

 

The great Australian dream of home ownership is constantly evolving. Both our houses and lot sizes are generally decreasing in size, with kitchens growing in importance and outdoor living becoming more prominent for many.

 

 

We’ve also seen that some Australians are moving to downsize their property dreams with a large number choosing to purchase smaller dwellings such as apartments and townhouses to combat affordability issues.

Despite these continuing changes, data commissioned from the Australian Bureau of Statistics by CommSec (released in August 2011) confirms that Australia is still building the largest homes in the world.

According to the data, the average new home built in Australia is around 10 per cent and nine per cent bigger than in the United States and New Zealand respectively, with the average floor area of new homes (both houses and apartments) standing at 214.1 square metres in the nine months to March 2011.

The data also shows that the biggest homes in Australia (both houses and other dwellings) can be found in Western Australia, followed by Northern Territory, Victoria, New South Wales, Queensland, South Australia, Tasmania and the ACT

For real estate advice, including about what buyers are looking for when seeking out property purchase options, please don’t hesitate to talk to a CENTURY 21 Port Douglas Real Estate property professional by calling 07 4099 4099.

Australian homes remain the biggest globally

Australian homes remain the biggest globally

 

About Port Douglas

Port Douglas real estate - Real estate in Port Douglas is now sought after the world over. Our passion for where we live stems from Port Douglas being the only place in the world where two natural, world heritage listed sites (the Great Barrier Reef & Daintree Rainforest) exist side by side. If you would like buy or live in your own piece of paradise, please browse our real estate listings http://www.realestateportdouglas.com.au The views expressed in the Port Douglas blogs are not those of Century 21 Port Douglas Real Estate nor the Century 21 franchise.
This entry was posted in Australia, Australian Home Buyers, Australian Homes, Home Building, Home Ownership, Housing Affordability, Housing Data, Interest Rates Australia, Investors, Land Value, Landlords, Mortgage Sales, Mortgages, Open For Inspection - Century 21 Port Douglas, Port Douglas, Property Investor, Property Port Douglas, Property Values, Propety Prices, Queensland, Real Estate, Renovations, Tips For Vendors. Bookmark the permalink.

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