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Buying a house in Australia = buying land+building?

Buying a house in Australia = buying land+building?

7 oktober 2025
5 min read

The Australian way of life: land represents a sense of security and belonging

For most Australians, land is not just an asset, but a symbol of security.
Their ideal life is to have a detached house with a front and back yard, kids can run and play football on the grass, family BBQ in the yard on weekends, raise dogs, plant flowers, and enjoy the sun.

The house does not need to be luxurious, the common configuration is a three-bedroom duplex plus a double garage. The real value lies in the area of the land.
This is also why in cities such as Sydney, Melbourne and other cities, you can see communities that jump 400—600 square meters of land as little as 20 to 30 km outside. This is an almost unimaginable living space in Asian cities.
Australians often say, “The house will be old, but the land will always be there.” This phrase embodies their belief in the long-term value of land.

Property Advisor Perspective: Buying a home in Australia does not have to be equal to buying a place

From a professional point of view, “buying a house in Australia” does not equate to “buying a place”. The room types on the market can be roughly divided into three types:
House, Townhouse and Apartment.

Single-family homes represent buy-to-let buildings, with land owned entirely by buyers; townhouses combine space and convenience, often with a smaller share of land; and condominium land is jointly owned, with most of its locations close to urban areas, school districts and transport hubs, making it popular with investors and international students.

For overseas buyers, due to restrictions on buying homes by FIRB (Foreign Investment Review Board),Newly Developed Apartments and Townhouses is the most common choice. Buying a ground cover house is more of a preference for local families, as it is more difficult for buyers who do not live locally because design, approval and construction management are required.

Land Addition vs Building Depreciation: The Core Value of Australian Property

The basic logic of Australian real estate is clear:Land will increase in value and buildings will depreciate.
For self-contained families, a house with land offers a greater quality of living space and community; for investment buyers, an Apartment is more attractive because of its stable rental return and ease of management.

Simply put,House earns future land value, Apartment earns current rental returns.
This is also the fundamental difference between the two major groups in the Australian housing market: families value space and belonging, and investors value cash flow and rewards.

Cultural and Financial Perspectives: Land Symbolizes Freedom and Quality of Life

In Australian culture, land is not just an asset, but a symbol of freedom and independence.
Almost every Australian family longs to have a backyard and a BBQ party on the weekend is not just entertainment, it's a part of life.

Financially, the threshold and cost of buying a house are higher, but the potential for uplift is stronger; while an Apartment requires a Strata Fee, it offers stable returns and easy management.
Demand for apartments is rising year on year as population growth and urbanisation accelerates, but “homesteading” is still a dream in the hearts of many Australian families.

Conclusion: In Australia, buying a home is more like buying a lifestyle

In Australian culture, land is not just an asset, but a symbol of freedom and independence.
Almost every Australian family longs to have a backyard and a BBQ party on the weekend is not just entertainment, it's a part of life.

Financially, the threshold and cost of buying a house are higher, but the potential for uplift is stronger; while an Apartment requires a Strata Fee, it offers stable returns and easy management.
Demand for apartments is rising year on year as population growth and urbanisation accelerates, but “homesteading” is still a dream in the hearts of many Australian families.

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