Australians have the world's biggest homes: study

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Dec 1, 2009 | 07:02 PM

Fibonacci

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From: Motown

Australians have the world's biggest homes: study

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Australia has overtaken the United States, the heartland of the McMansion, to boast the world's largest homes, according to a report by the Commonwealth Bank of Australia.

Research commissioned by the bank's broking arm, CommSec, shows the Australian house has grown on average by 10 percent in the past decade to 214.6 square meters (2,310 sq ft) -- nearly three times the size of the average British house.

By contrast, the average size of new homes started in the United States in the September quarter was 201.5 square meter (2,169 sq ft), down from 212 square meter (2,282 sq ft), with the average U.S. home shrinking for the first time in a decade due to the recession.....

http://www.reuters.com/article/lifes...5AT0JQ20091130

Dec 2, 2009 | 03:41 PM

KaMLuNg

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well Australia is still a very young country with alot of open land to build on... In Melbourne my cousin has a 4-5k sq ft house... labor is more expensive over there, but land was cheap a few years ago... now prices are starting to catch up for towns around major cities.. so ppl follow the American's strategy and move further outside the city for cheaper land and bigger houses...

add to the fact their property taxes (council rates) aren't as steep as ours in the US... so ppl choose to build bigger houses with more living space...