There are a number of wines available for wine drinkers in Australia. There are thousands of brands offering reds, whites, sparkling, organic, fortified, vegan, bio-dynamic and other types of wine varietals. Wine lovers have a range of choices in wines. However, one of the factors that is of vital importance is of price of wine per bottle. The price of wine depends on a number of factors and these hold the key to its being either cheap or premium. These factors are aging potential, cellaring period, organic or normal viticulture and some others.
Generally, wines less than $10 are considered to be cheap, whereas, those above $10 are considered premium. For some wine lovers, the range of premium wines is generally above $50. Thus, this is a highly subjective matter to know which are premium and which ones are not. Whether premium red wines are those above $50 or merely above $10 varies from user to users. Most would certainly agree on this that the under 10 red wines are cheap.
Red wines are produced and sold more than the white wines in Australia. Therefore, there are more people searching for different red wine varietals than the white wines.
Organic Red Wines are Expensive
Red wines which are organically grown are generally more expensive than the ones which are grown inorganically. This is because of the fact that the organic farms take years to switch from inorganic to organic farming methods and during this time period, vines are not grown. The investment done over these years is added to the cost of bottle when the wine is finally prepared to cover for expenses done.
Aged Red Wines are Expensive
Some red wines age well, and really well. There is a marked differentiation in their characteristics as compared to the new wines which gives them primacy. Aging often involves long cellaring period, from a few years to many decades. The more aged is the wine, the more is the price but the condition is that the wine shall develop a good maturity and taste or flavour as it gets old.