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Property pulse: What you can buy in Australia for $1 million this week

If you have $1 million, which property would you prefer to live in?

Despite rising interest rates, the Aussie property market is still as red hot as ever. So, for those looking for a new home, or just curious about what’s on offer, Yahoo Finance has compiled a list of houses under $1 million that are on the market this week.

Take a look.

Sydney

The interior of the one bedroom home for sale in Alexandria in Sydney.
This charming home sits in one of Sydney's most sought-after suburbs. (Source: Domain)

It’s the nation’s most expensive capital city - especially when it comes to house prices - so it’s no wonder that $1 million will only get you a one-bedroom, one-bathroom house.

Situated in the sought-after inner-city suburb of Alexandria, this quaint home still has some of its original 1900s details.

The backyard of the one bedroom home in Alexandria.
The property could be renovated to add an extra level. (Source: Domain)

And, for a bit of extra room - or perhaps even a renovation if you're up for it - the home has a spacious attic space that could be used as a home office, or expanded to create a second level.

Melbourne

The exterior of the property for sale in Melbourne.
This property in Melbourne is a bit of a fixer-upper. (Source: Domain)

In Melbourne, you’re offered a bit more space with this three-bedroom, one-bathroom free-standing home for sale just a stone's throw from the Yarra River.

The interior of the home for sale in Melbourne.
The Melbourne home has three bedrooms. (Source: Domain)

Much like the Sydney property, the charming solid brick period house is packed with potential to further enhance or extend to build your dream home.

Brisbane

The exterior of the property for sale in Brisbane.
This Brisbane property was held by the same family for 81 years. (Source: Domain)

Now we’re really starting to see some more bang for your buck with this stunning four-bedroom family home in Bardon.

The much-loved property has been in the same family for 81 years, with multiple generations calling it home.

The interior of the property for sale in Brisbane.
It has been extensively renovated inside. (Source: Domain)

The property has been meticulously maintained over the years and, recently, the interior has been freshly painted and new carpet added to provide comfortable, modern living.

Adelaide

The exterior of the property for sale in Adelaide.
This charming property is situated in the heart of the city. (Source: Domain)

Taking a step backwards in terms of bedrooms, this charming two-bedroom home in the heart of the city is up for sale.

The tastefully updated heritage home offers the perfect mix of both classic and modern features with ornate fireplaces and decorative heritage hallway arches.

The interior of the property for sale in Adelaide.
The home has an enviable location. (Source: Domain)

Nestled in a quiet pocket of the city, its enviable location offers easy access to all the amenities you could need.

Hobart

The exterior of the property for sale in Hobart.
This property in Hobart offers a large amount of space. (Source: Domain)

Wanting a lot of space as well as being on the edge of the city? Look no further than this three-bedroom family home with an impressive 587 square metres of space.

The recently refurbished, three-bedroom cottage retains all the charm and character of the Victorian era.

The interior of the property for sale in Hobart.
It is filled with natural light. (Source: Domain)

Its position in the heart of the city places everything the CBD has to offer within easy walking distance, so you can leave your car behind.

Perth

The exterior of the property for sale in Perth.
This Perth property was built in the 1950s. (Source: Domain)

This 1950s home is just moments away from Perth’s Hyde Park. With three bedrooms, one bathroom and enough space for three cars, you’d have all the convenience you could need.

“This charming character cottage represents an unmissable opportunity for young professionals, keen renovators, or small families searching for convenient urban living,” the listing says.

The kitchen of the property for sale in Perth.
While it could use some updating, it is close to all amenities. (Source: Domain)

“Step inside and be greeted by the warmth of Jarrah and Baltic pine floorboards, period sash windows adorned with practical roller shutters, and high ceilings that infuse the space with a sense of history and grace.”

Darwin

The exterior of the property for sale in Darwin.
The Darwin property offers crocodile-free swimming with a private pool. (Source: Domain)

Located in Australia’s Northern Territory, you’ll be glad to know that, for $1 million, you can avoid the crocs with your own pool.

Not only that, but there would certainly be enough room for the whole family in this six-bedroom home.

The interior of the property for sale in Darwin.
The home is also airconditioned to deal with the sweltering heat. (Source: Domain)

Expanding over two levels, the home features open-plan living and a large kitchen on the upper level, plus four bedrooms, an ensuite and a family bathroom.

On the lower level, two further bedrooms are joined by another kitchen and bathroom.

Canberra

The living room of the property for sale in Canberra.
This gorgeous Canberra property is giving cottage-core vibes. (Source: Domain)

For $1 million in Canberra, we’re back to cottage-core charm with this three-bedroom property.

It sits on a spacious, private block in a quiet location in the sought-after suburb of Chifley, but is also walking distance from the vibrant lifestyle of the Woden Town Centre.

The dining room of the property for sale in Canberra.
With three bedroom, this home is perfect for a family. (Source: Domain)

“The home will particularly appeal to a young family, who will be won over by the generous outdoor space on offer for pottering, playing and entertaining,” the listing says.

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