SHOP AROUND

It’s important to shop around for a good property – in fact, you may need to do some research into what makes a good property in Australia, which may differ significantly from your homeland. In fact, it will also differ by location within Australia.

Find out which towns and suburbs perform better, and look into the local services, transport links, schools etc.

Take time to investigate the areas you’re considering buying in, and seek professional advice on property values, recent sales and the growth outlook for the area.  

We may be able to help you with this, or can connect you with an investment specialist, with the knowledge and access to research that will ensure your success.

Contact us for more details or with any questions…

KNOW THE RULES

As an overseas buyer, it’s important to make sure you understand of all the legalities of buying in Australia. The rules change regularly, and this is where you need the aid of a professional to prevent getting into any sticky situations. 

There are restrictions on the type of property you can buy, and you will need approval from the Foreign Investment Review Board.

It’s also worthwhile seeking advice from tax specialists both in the country you live in as well as Australia to get a full picture of the tax implications of your investment.

KNOW THE COSTS

Once you’ve decided on a property, be sure to factor in all costs, such as:

Local council and water rates

Strata levies (also known as Body Corporate rates) for apartment buildings

STAMP DUTY

There are a few other costs involved, as well as required paperwork, which you can learn about by contacting us.