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An American dollar is worth 1.52 Australian dollars. My guess is when you adjust the price accordingly, Australian houses will be cheaper. I could be wrong though since I don't really know the going rate for a house in Australia.
Also, I'm guessing big cities like Perth, Canberra, Sydney, and Melbourne are more expensive than more rural areas.
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"I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death."
- George Carlin
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