PHOTO: Rental costs were considered the worst thing about Australia followed by house prices. Source: News Corp Australia

AUSTRALIA’S reputation as one of the least affordable places to buy or rent in the world has seen the property market named the worst thing about the country — but even that won’t stop buyers.

The allure of real estate here continues to hold firm compared to other destinations, with the latest WorldFirst Australian Liveability Ranking showing Australia’s property ranking above average for the rest of the world.

The rankings — where expatriates and overseas-born residents rated Australia against the rest of the world — saw rental prices named the worst thing about Australia (5.2/10) with house prices coming in a close second worst (5.5/10).