MONTY Python haven't ruled out eventually touring their reunion show to Australia although John Cleese has joked it would be easier to travel to another planet.
The remaining members of Monty Python will perform together in London's O2 Arena in mid-2014, more than 30 years after their last stage performance.
The veteran comedy troupe - Michael Palin, Eric Idle, Terry Gilliam, Terry Jones and Cleese - announced the news at a press conference in London on Thursday.
Asked by AAP if they would consider taking the show Down Under, Cleese said: "The only problem with Australia is there are planets closer than that."
Palin added: "I'd like to play Darwin, it always gets left out. Coober Pedy?"
Idle, however, insisted a future Australian date wasn't out of the question.
"The (Sydney) Opera House is one of the finest places to play," he told reporters.
"I've played there a couple of times, it's fabulous, so who knows."
The July gig is billed as a "one and only" show, but the team entertained the idea of a wider world tour.
The veteran comedians kicked off Thursday's press conference at the Playhouse Theatre by simultaneously talking over the top of each other.
Host Warwick Davis then appeared on stage to restore order.
The quintet lined up behind the wrong name cards and answered questions addressed to other members of the team.
The first question was from a Spanish journalist who asked why Monty Python was reuniting now.
"Nobody expected the Spanish inquisition," Palin quipped.
Idle said the real reason was "we are all trying to pay for Terry Jones's mortgage".
"And if we left it too long it would be too late."
The team will be doing some material never performed live before.
"There'll be quite a lot of that," Idle said, before pointing out that most people find new songs to be the low point of most concerts.
The Pythons have amassed millions of fans for their groundbreaking, anarchic comedy series and films, which also launched their own successful solo careers.
Monty Python's Flying Circus was made for TV between 1969 and 1974 and generations of fans can recite lines and whole sketches.
The team went on to make films including Monty Python And The Holy Grail (1975) and Monty Python's Life of Brian (1979).
Sixth Python Graham Chapman died of cancer in 1989, aged just 48, and nine years later the five remaining members appeared together on stage at the Aspen Comedy Festival in the US.