How much does property in Australia cost?from today's listings⌄
Property in Australia on INTRIC runs from AUD 850K to AUD 2.85M, in Perth. Prices are the sellers' own, in the listing's currency, and change as listings are added.
Can foreigners buy property in Australia?⌄
Only new homes. Since 1 April 2025 foreign buyers, including temporary residents, are banned from buying established homes, and the ban now runs to 30 June 2029. You can still buy new dwellings, off-the-plan apartments and vacant land with Foreign Investment Review Board (FIRB) approval. Permanent residents and New Zealand citizens are exempt.
What tax does an overseas buyer pay in Australia?⌄
State stamp duty of about 4% to 7%, plus a foreign buyer surcharge of 7% to 9% in most states (9% in NSW, 8% in Victoria and Queensland). FIRB application fees, indexed each July, start above A$14,000. Non-residents pay 30% to 45% tax on rent from the first dollar and get no 50% capital gains discount.
Freehold or strata in Australia: which should I buy?⌄
House and land packages are freehold (Torrens title): you own the land outright. Apartments are strata title: you own the unit and a share of common areas, and pay levies to the owners corporation. Foreign buyers are limited to new builds, so both are bought off the plan. Check the sunset clause, which protects you if completion is late.
Can a non-resident get an Australian mortgage?⌄
Some major banks and specialist lenders do, usually up to 60% to 70% loan-to-value, at a rate 1% to 2% above the resident rate, and some have stopped lending to foreigners. Expect full proof of income and FIRB approval first. Off-plan, a 10% deposit is typical at exchange, with the balance at settlement 12 to 36 months later.
Is Australian property a good investment in 2026?⌄
Dwelling values are forecast to rise 3% to 6% in 2026, led by Sydney and Brisbane, with Perth and Adelaide strong. Gross yields average 3.5% to 5.5% and national rental vacancy is under 2%. Foreign surcharges and tax on rent cut net returns for overseas owners. Capital at risk.
Does buying property in Australia give residency?⌄
No. A property purchase qualifies for no visa. The A$5 million Significant Investor Visa was shut to new applicants in 2024 and cannot be relied on. Skilled and employer sponsored visas are the usual route, and once you hold permanent residency the FIRB limits on established homes no longer apply.