What Canberra's median house price can get you overseas

Median house prices in Canberra are still eye-wateringly high, but have you ever wondered what the same price could get you overseas?

According to the most recent Domain House Price Report, the combined median house price for all capital cities was $1,065,447 in the June quarter. 

Canberra’s median house price topped this value, coming in at $1,154,535 and maintaining its position as the second most expensive capital city in which to buy a home in Australia. 

While Australians begin to accept a nationwide median house price of more than $1 million, options overseas may start to draw buyers’ attention.

Here are a selection of properties available from all across the globe that match the value of Canberra’s median house price. After more than two years of being stuck in the country, the time to look across the water is now. 

New York, US

Concrete jungle? Not entirely. But dreams could definitely be made at 235 East 49th Street, New York. 

Created with design in mind, this one-bedroom apartment is cosy, minimalist, and just outside Canberra’s median house price at about $A1,222,500. 

It has bright white walls, exposed beams and wooden flooring, while classic Midtown Manhattan street views mean the apartment is close to the hustle and bustle of the city.

Utah, US

On the other side of the United States, this two-storey cottage-style home at 2752 South and 900 East, Salt Lake City, stands in complete contrast to New York’s property options. 

The four-bedroom property has recently been renovated, but still retains its old-world charm.

This light-blue cottage of dreams is available for about $A1,193,500 – just over Canberra’s median house price – and is nothing like anything you will find in Australia’s capital.

London, UK

This one is just so London. The two-bedroom apartment is located on Regents Canal in Empress Apartments, with a Regency cottage frontage that screams old-world England.

Timber floors feature throughout the apartment, with underfloor heating for ultimate comfort and an open-plan living and kitchen area. 

This apartment comes in below Canberra’s median house price at about $A1,121,400.

Cher, France

While this property in Centre-Val de Loire, Cher, isn’t in Paris, you can tell it’s French just by looking at it. 

The five-bedroom villa has white walls and a thatched roof, beautiful gardens and views, and local small-town amenities nearby. 

Talk about a tree change. Wouldn’t this be nice? This property also costs less than Canberra’s median at about $A1,094,400. 

Richmond, New Zealand

New Zealand brings to mind rolling mountains, green fields and spectacular views, and this property at 88 Appleby Highway, Tasman, ticks all the boxes. 

This three-bedroom home sits on 1436 square metres of lush grass and looks as though it’s a part of nature. 

Just a jump over the water from Australia and located at the top of the North Island, this property comes in below Canberra’s median house price at about $A898,900. 

Kaikoura, New Zealand

If rolling hills and green fields don’t take your fancy, what about snow-capped mountains? 

This four-bedroom property  at 148 Harnetts Road, Kaikoura, sits on two hectares of land in the most picturesque location, backing onto vast mountain ranges. Inside are polished wooden floors, white walls and abundant natural lighting. 

This property’s asking price is below Canberra’s median at around $722,200.

So why not escape Australia and move to the land of our friendly neighbours?