While Canberra is the most expensive city to rent a house, Sydney has taken the crown for being the most expensive city to rent a unit at $575-per-week. Canberra's median asking rent for a unit is $560-per-week. Sydney has seen a steep rental rise for units with a yearly increase of 18.6 per cent.
The most expensive state to move to in 2023 is Hawai'i, with an average home price of $636,400. Following up is Washington DC, with an average house price of $618,100. In third place is California, with an average house price of $538,000.
Australia's most expensive suburbs by median house price are all concentrated in Sydney, the most expensive city in Australia, and one of the most expensive in the world.
The worst performing states are Tasmania, with incomes 26% below the national income and wealth average, as well as South Australia which is 19% below the average household income and 20% below the national net wealth.
Canberra remains Australia's most expensive capital city in which to rent a house at a median cost of $690 per week, ahead of Sydney on $660, according to the Domain Rent Report March 2023 Quarter released today.
General health
In 2017-18, over half (56.4%) of Australians aged 15 years and over considered themselves to be in excellent or very good health with the highest rate in Western Australia (60.7%) and the lowest rate in Tasmania (51.2%).
Beachside suburbs like Coogee and Bondi come out on top for liveability. Close enough to the city centre while existing in their own bubble, these coastal hotspots offer exquisite views and a space to breathe away from the commotion. For trendy inner-city living, try Paddington and Potts Point.
Canberra, Australian Capital Territory
With less than 400,000 residents and lots of outdoor activities to take part in, Canberra is a worthwhile choice for settling down. It has some of the lowest crime rates in Australia, a cheaper cost of living overall, and is a family town that everyone can enjoy.
Adelaide is one of the most affordable capital cities and cheapest cities to buy a house, with a median house price of $648,000.
What are the richest suburbs in Australia? The highest-earning suburbs in Australia are Cottesloe and Peppermint Grove in Western Australia, based on the ATO's latest taxation figures.
Sydney Is Still Australia's Most Expensive Place To Live, but Melbourne and Brisbane Are Not Far Behind. Singapore and New York have tied for the title of world's most expensive city in this year's Worldwide Cost of Living report.
Looking for the easiest place in Australia to find a job? As of October 2022, the answer is Canberra! That's according to the Australian Bureau of Statistics, which releases its figures for vacancy rates around Australia every quarter.
Cherbourg was the most disadvantaged LGA in 2016. This is a discrete community, with 99% of its residents reporting they were of Aboriginal and/or Torres Strait Islander origin in the 2016 Census. The median age of people living in Cherbourg was 21 years. The median weekly household income was $775.
Mungallala Methodist Church was built in 1964. It has now closed. In 2016, the Australian Taxation Office listed Mungallala as having the lowest mean taxable income by postcode, making it the poorest town in Australia, which led the ABC to do a documentary on the town for their online "storyhunters" program.
Outlandish as it may seem, the lavish spending has become commonplace within the inner circles of Sydney's community of wealthy Chinese. Billionaires from mainland China, Hong Kong and Singapore, along with homegrown Asian tycoons, have turned the Harbour City into their playground.
Queensland has the best-performing economy in Australia, according to CommSec's latest State of the States report. The Sunshine State has been named the top-performing state economy, thanks to strong population growth, a solid job market and overseas demand for energy resources, such as coal and natural gas.
Hawaii is the most expensive state to live in, with a cost of living index of 184. Massachusetts is ranked second, with a cost of living index of 149.7, followed by California at 137.6, and New York at 134.5.