Australian Citizen or Permanent Resident -
Temporary Resident, Retiree or Student -
- You can buy new property without restriction.
- You can buy an established property provided it is your residence and it is sold when your visa expires.
- Consent of the FIRB is normally required. (exceptions apply for some spouse / de facto partner.)
Foreign National or Foreign Corporation -
- Can buy new property.
- Can buy vacant land as long as building commences within 12 months of purchase.
- Can buy an established property only if an additional amount of no less than 50% of the original
- Property cost is spent on improvements or additional construction.
- Can buy up to 50% of new projects or apartments
- Consent of the FIRB is required.
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