The Commonwealth Cost Of Buying a High-End Home Around The World – Research by Enness

Latest research from high-net-worth mortgage broker Enness Global examined the cost of purchasing property at the top end of the market across Commonwealth nations and how prices compared by region.

Enness analysed available house price data across 54 Commonwealth nations and found that, on average, a high-end home cost £1.587m.

Commonwealth nations in Asia recorded the highest average prices for prime property, at £2.358m, followed by Europe at £2.255m and Pacific nations at £2.058m.

At the time of the research, 16 Commonwealth realms still recognised Queen Elizabeth II as head of state, although Barbados had announced its intention to become a republic.

The research found that the average price of a high-end home in nations where the Queen remained head of state was £2.086m, 49% higher than the £1.402m average recorded across Commonwealth nations without the Queen as head of state.

Singapore topped the Commonwealth property price table despite not being a Commonwealth realm, with the average cost of a high-end home reaching £11.658m.

Among the remaining Commonwealth realms, Australia recorded the next highest average price for prime property at £3.348m, followed by the UK at £3.208m, New Zealand at £2.896m, Canada at £2.630m and Antigua and Barbuda at £2.318m.

South Africa, Malta, Guyana and the Maldives also ranked among the top 10 Commonwealth nations for high-end property values.

The findings highlighted the continued appeal of established Commonwealth property markets for international buyers, particularly those looking to invest beyond their domestic market.