A $700,000 home sounds like a major luxury, but what you can buy for that can vary significantly around the world.  From a studio apartment in New York City, to a large family home here in Wagga Wagga, the one thing they all have in common is their price tag is under $700,000.

You can pick up this one bedroom, one bathroom apartment in North Sydney with a Price guide of over $670,000. It features a 24 square metre entertainers terrace, renovated lounge and dining area with floor to ceiling windows.

  

Of course, how could you go past this beautiful family home right here in Wagga Wagga. Featuring four bedrooms, two bathrooms and three living areas, positioned on a large 930 square metre block, only 10 minutes drive to the CDB. This is a great alternative to city living, with less time commuting and more time for you and your family, the price is $655,000.

Or, how about this unique 13 hectare (32 acres) block of land with an amazing lake only 25 minutes from Tasmania’s capital City of Hobart.

 

You could buy a 1 bedroom serviced apartment that is currently under construction in the Middle East for around $653,000 AUD. Located in downtown Dubai, in the Burj Khalifa District, it’s within walking distance to the Dubai Mall (the worlds largest mall, over 13 million square foot – equivalent in size to more than 50 football fields).

 

For around $657,000 AUD you could get into the property market in New York City, with this exquisite renovated apartment at 10 Park Avenue. The property has granite kitchen and marble bath. There is also a separate home office, and an open plan living/bedroom.

You could buy a three bedroom, one bathroom terrace in Collingwood, Melbourne. It’s going to auction on the 20th of June and the bidders price guide as quoted by the agent is $660,000 – $720,000.

If you have just won lotto, or have a spare $7.4 million, you can snap up “The edge” set on Port Douglas’s highest peak. This two bedroom, four bathroom home, has been awared the 2015 building of the year. It features a 10 metre infinity lap pool, the master bedroom has his and her dressing rooms and bathrooms, the dining room has a built in granite table and 8 chairs open plan to the lounge room which hosts a beautiful semi circle white lounge suite with a built-in fireplace.