The average Australian’s mortgage runs at about $347,500. Just in case you were wondering – here’s what that amount buys you in other parts of the world:
Tuscany, Italy: $A337,435 buys you a fully-restored five bedroom villa, complete with terrace and cellar, terracotta floors, and vaulted ceilings - 45 minute's drive from the nearest ski resort.
Sevres, outside Paris: a mere $A277,391 gets you a three bedroom restored 18th century farmhouse with its own lake, private wooded parkland, granite features and wood-burning stoves.
Nelson, New Zealand: less than $A396,000 could see you owning a four-bedroom home overlooking the Tasman sea – right above your three car garage, in the heart of kiwi wine country.
Jimbaran Bay, Bali: a fully-furnished three-story villa could be yours (for 25 years, at least, under lease conditions) for $A348,000. This includes views of Jimbaran Bay, a 50m green natural stone pool, gazebo, tropical garden, home theatre – and a spare room for the maid.
Tokyo: In case you were starting to feel sorry for yourself, the same amount buys you a paltry 32.25 square metre apartment in Shibuya-ku, Tokyo, built in 1974 – not including annual maintenance fees.
And, for the record, $347,500 also buys you approximately:
34 first-class flights to London on Christmas Eve;
1 ¼ bottles of the world’s most expensive champagne (Shipwrecked 1907 Heidsiek);
115 Tibetan Mastiffs (the world’s most expensive dog breed);
And precisely 105 of the world’s most expensive ice-cream Sundays - which consist of a banana split made with syrups from three rare dessert wines, served with an ice cream spoon from the 1850s - If you give the Californian ice cream shop that serves the creations a day's notice, they'll even procure a cellist to play while you eat them.
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now
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