Browse property data across Australia.

Australia is home to almost 29 million people, a figure bolstered by a recent net‑migration gain of roughly 518 000 and concentrated along the eastern seaboard. The federation consists of six states, New South Wales, Victoria, Queensland, Western Australia, South Australia and Tasmania, and two self‑governing mainland territories, the Australian Capital Territory and the Northern Territory. Urban centres such as Sydney and Melbourne, each with populations over five million, dominate the housing stock, where house prices rank among the world’s highest and household debt is the second‑highest globally, squeezing home‑ownership affordability.

Rental demand stays strong in these coastal cities, reflecting the limited supply of dwellings and keeping rents relatively high. The economy rests on abundant natural resources and a robust services sector that delivers about 71 % of GDP, while industry and agriculture contribute roughly 25 % and 4 % respectively; extensive trade ties, particularly with China, Japan and the United States, drive growth and sustain Australia’s high per‑capita income.