Perth’s median house price was $547,000 at the end of April 2023 and for that price you can buy a variety of homes, from inner-city apartments to family homes in the suburbs. There is no denying Perth is a fabulous place to live, but have you ever dreamed about moving elsewhere and wondered what you can get for your money?  

We explore homes available in different cities across the globe, using Perth’s median house price as a guide.  

From the bustling streets of Tokyo to the tranquil natural beauty of Bali, we look at what you can buy, and the unique lifestyle experiences these locations offer.  

Perth, Australia - $550,000 for 824m² of luxury lifestyle

Sydney, Australia - $545,000 for a studio apartment

With its stunning natural beauty, vibrant culture, and excellent quality of life, Sydney is an attractive place to live. This studio apartment in the prestigious suburb of Mosman is perfect for those seeking a relaxed coastal offering. It has breathtaking views of the Harbour Bridge and city skyline. While the apartment's price tag and quality are comparable to similar apartments in Perth, it's located slightly further from the city.  

Auckland, New Zealand - $536,000 for a 90m² freehold home

Auckland has historic sites, world-class dining, and breathtaking scenery, while the temperate climate makes it comfortable to live year-round. This one-bedroom, one-bathroom stylish townhouse is close to a park, shops, and train station. It's important to note that Auckland's sale prices are almost double those of Perth, which may discourage some from making the move. Auckland is a fantastic option for those seeking adventure and a cosmopolitan vibe, with cultural significance. 

Bali, Indonesia - $527,000 for a four-bedroom 600m² villa

Bali offers an enchanting lifestyle where your dollar stretches a long way. This four-bedroom villa combines tropical Mediterranean architecture with traditional Balinese design. Its beautifully landscaped gardens, alluring pool, and stunning rice field views make it a true gem. Compared to Perth, Bali offers good value for money with larger, more luxurious properties available for around the Perth median. Bali's culture, delicious cuisine, and cost-effective living make it an attractive choice for those looking to live the high life while not paying the high margins. Despite its infrastructure challenges, Bali remains an ideal location for permanent or vacation residences, including rental properties. 

Tokyo, Japan - $550,000 for a 35m² apartment

Tokyo is a bustling city renowned for its rich history, exquisite food, and cutting-edge technology. With a median house price similar to Perth, comfortable, modern apartments or homes with convenient public transport access are easily accessible. However, due to the city’s high-rise architecture, residences are often smaller and quite compact. This apartment sits just above Perth’s median sale price, however is only 34 square metres. Tokyo can be crowded and fast-paced, with a higher cost of living. Perth, in contrast, is a more laid-back city with a focus on outdoor living, with its expansive coastline.  

New York, USA - $543,500 for a studio apartment

New York City is a bustling and vibrant city, known for its towering skyscrapers, bright lights, and endless energy. Brooklyn Heights, a historic neighbourhood located in the borough of Brooklyn, offers residents a mix of old-world charm and modern conveniences. However, with the median apartment size in New York City being much smaller than Perth, residents may find themselves paying a premium for less space. Additionally, New York City is notoriously expense, with higher taxes and cost of living. This renovated studio apartment is in complex that includes a doorman and is close to shops, restaurants, and transportation. 

London, England - $568,000 for a studio apartment

London is a thriving and dynamic city, where traditions, ideas, and possibilities intersect. Nestled in a lively area with abundant dining and entertainment options, this studio apartment places you within easy reach of iconic landmarks such as Buckingham Palace and the British Museum. Like New York, London's property sizes tend to be smaller, focusing on compact living. The city's fast-paced way of life is ideal for those who thrive in dynamic environments, with exciting career prospects in finance and technology. London offers a melting pot of ideas, experiences, and perspectives, making it an enthralling place to call home. 

Rome, Italy - $558,000 for a 75m² penthouse apartment

Compared to Perth, Rome can be more expensive, with a denser population, smaller living spaces, and higher levels of noise. But this two-bedroom penthouse apartment is an hour south of Rome, located in the coastal town of Anzio. Soak up the small town vibes with easy access to Rome, renowned for its fascinating history, stunning architecture and art, world-famous landmarks the Colosseum and the Vatican, and of course delicious cuisine. Italy’s charming piazzas, romantic streets, and lively ambiance make it an enchanting experience.   

Vancouver, Canada - $544,000 for a one-bedroom apartment

Vancouver is a stunning coastal city known for its striking mountain backdrop. It offers endless opportunities for outdoor activities such as skiing, hiking, and kayaking, and has a top-notch food scene with a variety of international dishes, craft breweries, and coffee shops. This one-bedroom, one-bathroom apartment offers modern open-plan living similar to Perth – but imagine yourself cosying up to the fire in winter as you watch the snow fall past your window! Although Vancouver's housing market is more expensive, its standard of living and cultural offerings may entice buyers.