{"id":37001,"date":"2022-02-16T10:23:48","date_gmt":"2022-02-15T21:23:48","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=37001"},"modified":"2022-02-16T10:23:48","modified_gmt":"2022-02-15T21:23:48","slug":"what-1-million-can-buy-you-around-australia","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/what-1-million-can-buy-you-around-australia\/","title":{"rendered":"What $1 million can buy you around Australia"},"content":{"rendered":"

PHOTO: Australia<\/strong><\/p>\n

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For the first time in history, Australia’s median house price across all eight capital cities has exceeded $1 million.<\/p>\n

As of the end of December 2021, buyers who purchased houses last year forked out an average of $1,066,133.<\/p>\n

It’s a daunting figure, especially for new home buyers, young families \u2026 or just about anyone who doesn’t have a large accumulation of\u00a0bitcoin.<\/p>\n

More off-putting still is that,\u00a0depending on the capital city, $1,066,133 doesn’t buy you a whole lot.<\/p>\n

But, away from bustling CBDs and gridlock traffic jams, the seven-figure sum can still secure a very decent home.<\/p>\n

Here are five examples:<\/p>\n

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294 Port Douglas Road, Port Douglas, QLD<\/h3>\n
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294 Port Douglas Road, Port Douglas, QLD. (Domain)<\/strong><\/em><\/figcaption><\/figure>\n

Located near the very top of Queensland in one of the most tropical locales in the nation, this gorgeous home in Port Douglas looks like a compelling proposition for $1 million.<\/p>\n

Styled like a resort and aptly named ‘The Coconut Hut’, this laidback residence offers a shedload of features for the money.<\/p>\n

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294 Port Douglas Road, Port Douglas, QLD. (Domain)<\/strong><\/em><\/figcaption><\/figure>\n

Aside from an arresting aesthetic both inside and out, the five-bedroom, two-bathroom home sits on 817-square-metres and boasts a large lagoon pool, two standalone Balinese-inspired, single-room huts, and a fantastic indoor\/outdoor entertaining area.<\/p>\n

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16 West Street, Echunga, SA<\/h3>\n
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16 West Street, Echunga, SA. (Domain)<\/strong><\/em><\/figcaption><\/figure>\n

Set in the picturesque township of Echunga in the Adelaide Hills, 16 West Street presents as a stunning piece of design.<\/p>\n

Having previously been featured on the cover of\u00a0Australian Country<\/em>\u00a0magazine, this former barn, built in the 1890s, has been converted into a truly unique property.<\/p>\n

With a striking black facade that clues passers-by into the rustic, eclectic design within, the four-bedroom, three-bathroom home really does run a clinic in interior styling.<\/p>\n

Every room in this home is inimitable and benefits from an almost overflowing menagerie of ornamental decoration.<\/p>\n

And with vaulted ceilings, a sizeable pool and modern conveniences like polished concrete floors and a new six-burner gas cooktop, this one-of-kind home looks like great value around the $1 million price mark.<\/p>\n

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48 Main Street, St Marys, TAS<\/h3>\n
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48 Main Street, St Marys, TAS. (Domain)<\/strong><\/em><\/figcaption><\/figure>\n

Situated in the historic town of Saint Marys, close to the\u00a0coast\u00a0in Tasmania’s northeast, this property seems like a certifiable bargain for $1 million.<\/p>\n

Yes, for seven big ones, you could buy a whole pub.<\/p>\n

Built in 1910, Saint Marys Hotel is, understandably, an important building in the bucolic burgh, servicing the community and its many tourists with food, liquid sustenance and a place for weary travellers to rest their heads.<\/p>\n

Offering 15 accommodation rooms, as well as a professional kitchen, fully functional bar and a number of function rooms and dining areas, 48 Main Street is a turnkey business and lifestyle proposition that’s hard to beat.<\/p>\n

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125 Thompson St, Scotland Island, NSW<\/h3>\n
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125 Thompson St, Scotland Island, NSW. (Domain)<\/em><\/strong><\/figcaption><\/figure>\n

Blending seamlessly with its rainforest surroundings, this quaint timber cottage, sitting tall amongst the trees in beautiful Scotland Island in New South Wales’ north, definitely offers some bang for buck.<\/p>\n

For $1 million, the two-bedroom, two-bathroom home at 125 Thompson Street is also well below Sydney’s ginormous median house price of $1,601,467.<\/p>\n

However, in spite of its relative affordability, this residence is nicely kitted out with a modern kitchen, a large master bedroom with ensuite and a generous deck that gives occupants a great view of the home’s natural surroundings.<\/p>\n

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6\/2-4 Barton Court, Aireys Inlet, VIC<\/h3>\n
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6\/2-4 Barton Court, Aireys Inlet, VIC. (Domain)<\/strong><\/em><\/figcaption><\/figure>\n

Just minutes away from Victoria’s iconic, world-famous Great Ocean Road, this two-bedroom, one-bathroom home in Aireys Inlet is a unique offering for potential buyers looking to get the most out of $1 million.<\/p>\n

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