In 2025, there was some concern by foreign buyers about Australia's "ban" on foreign buyers until 2027.

In fact this so-called ban has been in place on secondary homes for nearly 40 years, since since Treasurer Keating announced it on 29 September 1987. 

At that time we thought it would greatly affect the Aussie property market.

How wrong we were!

 Australia welcomes foreign property buyers, like most countries there are some rules that need to be followed.

  FOREIGN INVESTOR THE RULES*

The following guidelines indicate the type of property foreign buyers may purchase in Australia without any limit or restriction on number purchased or dollar value:

-Brand New Under Construction Property.

-"OFF-THE-PLAN" Apartments, Flats, Townhouses, Condos, Units.

-New Property not Previously Occupied in the past 12 months.

-Residential Land, Providing a Home is Built Within 4 Years. Newly Built Homes.

-Any Commercial Property.

-In Australia, foreign investors generally cannot purchase old properties.

FEES: There are substantial extra fees for all foreign buyers. I am happy to advise on all these fees on a free 45 minute call, and see whether you qualify for the off-plan rebates available for Sydney and Melbourne apartments.

Buying Australian property does NOT assist with migration.

*Rules, laws, fees, and regulations can change without notice.

SYDNEY BUYERS OFF PLAN OR NEW PROPERTY:

RECEIVE A$36,000 TO $48,000 REBATE TO OFFSET FOREIGN INVESTOR FEES ON ANY NEW OR OFF-PLAN APARTMENT**

MELBOURNE APARTMENT BUYERS

New and off plan rebates available $32,000 to $40,000 on new or offplan apartments to offset foreign investor fees**

** Based on AVERAGESydney $1.2M and Melbourne $800K purchase price