What you can buy in Europe versus Australia's capital cities

What can you get for a million dollars? According to recent data from the Australian Bureau of Statistics, an average Australian home.

"The national mean price of residential dwellings passed $1 million for the first time in the March quarter 2025, rising 0.7 per cent to $1,002,500," said ABS head of finance statistics, Dr Misha Tan.

Compared to the rest of the world, statistics like this make Australia the 10th most expensive country to buy a home.

With many Australians currently planning or dreaming about a summer escape in Europe, we compared what you could buy in some of the most popular destinations versus Australia's capital cities

This home in Taren Point, New South Wales for $4.4 million

Located in Taren Point is this three-bedroom waterfront property. It features private beach access, boat house with kitchenette, carport and outdoor entertaining area.

Or, this chateau in the Loire Valley, France for $3.9 million

For just a little less, you could own your very own castle in the Loire Valley. Surrounded by 25 hectares of land, the chateau includes 15 bedrooms, 12 bathrooms, swimming pool and horse stables.

This home in Narre Warren, Victoria for $1.045 million

Over in Narre Warren is a four-bedroom home located on a 917sqm block. The property includes three living zones, a main suite with ensuite and spa bath, and a remote-controlled garage.

Or, this villa in Siena, Italy for $954,000

If you're after more history, you could opt for this 1930s villa in Siena. The four-bedroom home is currently owned by painter and sculptor Anna Izzo and features a private garden, three bathrooms and the ability to split the property into two apartments.

This home in Wellington Point, Queensland for $1.1 million

This brick house in Wellington Point is located on a 740m2 block on a quiet, peaceful street. It features four bedrooms, one bathroom, a separate shed, lock-up garage and veggie garden.

Or, this home in Crete, Greece for $1.01 million

Otherwise, you could purchase this renovated property in Crete. Built the late Minoan III period, the hillside home has three bedrooms, three bathrooms, a lift for access to the three levels and a terrace with hot tub overlooking the sea.

This home in Fairview Park, Adelaide for $875,000

Renovated and conveniently located, this Fairview Park home boasts four bedrooms, two bathrooms, double carport and undercover entertaining area.

Or, this villa in Malaga, Spain for $867,000

For a bit less, you could have this unique Gaudi-style property with sea views in Malaga. The architectural villa includes three bedrooms, two bathrooms, modern kitchen, terrace with poolside pergola and fruit trees.

This unit in Kalamunda, Western Australia for $1.15 million

Only two years old, this three-bedder in Kalamunda is located on a 483 square metre block close to the local town. It features a media room, alfresco area, double garage and rear access.

Or, this villa in Florence, Italy for $1.042 million

If you're after a bit more space, check out this 1700s stone villa in Florence. Located on four acres, the property includes four bedrooms, three bathrooms, large kitchen and sun-drenched terrace with views of the rolling hills.

This home in Swan Bay, Tasmania for $2 million

Located on the beautiful Tamar River, this architecturally designed home offers a chance to take in Tasmania's natural beauty. The home offers five bedrooms, three bathrooms, gourmet kitchen and lap pool.

Or, this home in The Cotswolds, England for $2.07 million

If you're after a different kind of natural beauty, this period home in the picturesque Cotswolds is just a little bit more expensive. The stone estate features five bedrooms, formal dining room, extensive gardens and paddock with