Australia is still building the largest homes in the world, according to new data commissioned from the Australian Bureau of Statistics by CommSec.
The average floor area of new homes – both houses and apartments – stood at 214.1 square metres in the nine months to March 2011, while the average floor area of new freestanding houses stood at 243.6 square metres.
The United States has traditionally competed with Australia to claim the ‘biggest homes’ title, but the average home size in the US has been shrinking for the past three years, according to CommSec.
It said new homes in Australia are now around 10 per cent bigger than in the US and nine per cent bigger than in New Zealand.
While Australia is still building the largest homes in the world, it has constructed a larger number of smaller apartments over the past two years, which has resulted in a reduction in the average home size. In the nine months to March the average new apartment was 133.7 square metres, which is the smallest result in a decade.
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