Average house prices in the South East of England for the quarter ended September 2011 were:
£454,676 Detached (about A$700,00)
£255,491 Semi-detached
£208,272 Terrace
£165,890 Flat
Average prices for Greater London were:
£810,234 Detached (about A$1,250,00)
£468,533 Semi-detached
£479,684 Terrace
£362,073 Flat
As at todays date, the official September 2011 figures for Australia are still not available on the ABS website, however these figures for March 2011 are available:
Sydney
A$575,000 Detached Houses
Brisbane
A$450,000 Detached Houses
Adelaide
A$402,000 Detached Houses
More British average property prices at: http://news.bbc.co.uk
More Australian average House prices at: www.abs.gov.au