What kind of properties can you get for $1 million around Australia?

If you live in a capital city in Australia, you’d be well aware that median house prices are either hovering around the $1 million dollar plus mark or teetering very close to. Yes, we’re looking at you Sydney and Melbourne.

We can all agree that $1 million dollars is a lot of money, but what you can actually get for it around the country varies greatly. In Sydney you’re likely to bag yourself a 2 bedroom inner city apartment, while in regional areas, you can get a large and architecturally designed family home.

With prices around the country either soaring or staying put, we were interested to see what you can actually get for $1 million. Let’s have a little look...

Secluded leafy oasis with a pool in Orange, New South Wales

For $979,000 you can get a five bedroom, four bathroom house with a pool in Orange. Architecturally designed with soaring cathedral ceilings, this could be the perfect home for a growing family, or anyone looking for a tree change.

Orange is fast becoming a cultural hotspot. Tourists and city-slickers alike are flocking to the regional New South Wales town for great food, award-winning vineyards and laid-back country living.

For sale by Doone Grist from Williams Machine Real Estate

19th century 'clockwater' cottage in Newcastle, New South Wales

For around the $1 million dollar mark, you could find yourself living in a historic 4 bedroom, three storey cottage in the seaside city of Newcastle. The home features vaulted ceilings, a wine cellar, two level tiered backyard, and modern gas kitchen. Newcastle is also experiencing a renaissance of sorts, with a thriving local art scene, as well as plenty of small bars and award-winning restaurants.

House for sale by Sean Redpath and Kirstie Shaw at McGrath Newcastle City.

A Hamptons style cottage steeped in history - Elrington, New South Wales

Why go to the Hamptons for the luxe lifestyle when you can enjoy similar interior design at home? If you're looking for a tree change, for $995,000 you can own your very own slice of paradise in Elrington, close to the Hunter Valley wine region of New South Wales. The home is an original 1920s cottage which has been tastefully renovated to not only restore it to its former glory, but to also appeal to buyers with a modern eye.

The home has 3 bedrooms and 2 bathrooms set on 1.13 acres.

The home is being sold by Kristy Resevky from PRDnationwide, Hunter Valley.

Buy two architecturally designed villas in Daylesford, Victoria

Downsizing but still looking for income? For $1.2m you can purchase not one, but two architecturally designed villas in the picturesque town of Daylesford. Live in one, and lease out the other to holiday-goers. Featuring cathedral ceilings, stone bench tops, and two private bedrooms - each with an ensuite - these villas are perfect if you want to feel like you're eternally on a luxurious holiday.

The villas are being sold by Tom Shaw and Michael DeVincentis at Biggin & Scott - Daylesford.

Original 1910 bluestone villa in Adelaide, South Australia

For the $1.1 million mark, you can purchase a grand 1910 villa in a blue chip Adelaide suburb. The home has been tastefully renovated to preserve its original character features, like its high ceilings and beautiful fireplaces. The home consists of three bedrooms, 2 bathrooms, a courtyard and fully fenced back yard.

The home is being sold through Belle Property in Unley.

A tropical paradise in the Northern Territory

Looking for a tropical tree change? Set your eyes north. For around $1 million you can own your very own slice of paradise. This impressive sanctuary has won multiple design awards, including: The Royal Australian Institute of Architects Northern Territory Chapter Jackman Gooden Architects NT, as well as the prestigious Burnett Award. It's not hard to see why, check out the stunning images below to see for yourself.

This home is being sold by Paul Heron from Belle Property in Darwin.