While average US home sizes have shrunk for the first time in a decade due to global recession, the average floor space of new Australian homes hit a record high of 214.6 square metres in 2008/09 financial year, according to official data.
The Australian Bureau of Statistics (ABS) data commissioned by CommSec also showed the average floor area of new free-standing houses was also at a record high - 245.3sqm.
By contrast, the average size of new homes started in the US in the September quarter stood at 201.5sqm.
The Australian Bureau of Statistics (ABS) data commissioned by CommSec also showed the average floor area of new free-standing houses was also at a record high - 245.3sqm.
By contrast, the average size of new homes started in the US in the September quarter stood at 201.5sqm.
Data from Europe shows that Denmark has the biggest homes (houses and flats) with an average floor area of 137 sqm, followed by Greece (126 sqm), and the Netherlands (115.5 sqm).
Homes in the UK are the smallest in Europe, at 76 sqm on average.
Homes in the UK are the smallest in Europe, at 76 sqm on average.
Comment