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 proeprty market. How wrong we were!

(See my press articles from Hong Kong's South China Morning Post below from 1987/88)

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

  THE RULES*

The following guidelines indicate the type of property foreign buyers may purchase without any limit or restriction:

-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 30 minute call.

Buying Australian property  does NOT assist with migration.

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