Australia property transactions are done a lot differently. As a foreigner, unless you want to own property in Australia jointly with an Australian Citizen, you will need approval from the government. You can negotiate a five per cent cash deposit rather than the standard ten if you do not have the full ten per cent ready to go in cash.If you are after Australian property in the inner city always buy with a car space – it’s worth the extra cost over the mid to longer term.Get your loan pre-approval and have a chat with a solicitor before you start to look for your so when you do find something you are ready to act fast.Given that interest rates have been going down, rental yields are now looking stronger - meaning that good Australian properties rent easily and occupancy rates are high.Some new developments may offer a rental guarantee to investors so you don’t have to worry about finding a tenant for the first 12 to 18 months.If you are buying a new property in Australia try to find out what the developer has done before so you avoid buying into something that is badly built and later becomes a money pit.Do as many checks as you can before entering into a sale contract – search the books and records for a strata building and have a building inspection conducted. Your solicitor can arrange this for you. Unlike in the UK you cannot pull out of the contract after signing it if you later discover something objectionable about the Australia property.Some information contained herein may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and/or financial advise from a qualified professional.
Price: £602,700
Type: House
Bedrooms: 3
Winner Deluxe Accommodation Seashells Resort. Invest or live in Seashells Resort Mandurah Apartment.
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FOR SALE - The Best of Both WorldsWINNER Delexe Accommodaton Award Western Australia - Seashells Resort Mandurah: Absolute Beach Front.Invest or live in your own Seashells Resort Mandurah Apartment.
Price: £452,025
FOR SALE - The Best of Both WorldsWINNER Delexe Accommodaton Award Western Australia Seashells Resort Mandurah: Absolute Beach Front Villa.Situated on the beach at Comet Bay, Mandurah, you will find the magnificent 4.
Price: £203,000
Bedrooms: 1/2
Classic Coastal Living at Sefton Grange on the beautiful Mornington Peninsula
Price: £200,000
Type: Apartment
Description - Vue Grande - Melbourne’s newest land mark residential tower is a fantastic opportunity to secure your future.
Price: £186,837
By purchasing in today’s market you are taking advantage of some excellent opportunities at prices we may never see again. Queensland is the fastest growing state in Australia.
Bedrooms: 1
Superb, spacious, 1,2 & 3 bedroom, luxury apartments and prestige houses located on one of Australias finest Golf Courses, destined to become the finest Golf and Country Club in Australia.
Price: £165,000
Live in a Natural Environment at Woodland WatersCountry-style charm is par for the course at Woodland Waters.
Price: £146,000
Featherbrook at Point Cook – only 25 mins from Melbourne Central Business DistrictWith its vast open spaces and specially designed recreational areas, Featherbrook, Point Cook offers residents the very best in lifestyle options.220
Bedrooms: 1 & 2
This picturesque Central Park features beautiful open space perfect for a range of activities and includes walking and biking tracks connected to the area’s trail network and BBQ’s.
Prices from: £200,000
Vue Grande, Southbank: Melbourne’s newest land mark residential tower. Indoor heated lap pool, gym & BBQ area.