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Australia Property
Australia property transactions are done a lot differently. As a foreigner, unless you want to own p......
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 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. Property in Australia:
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We have found 10 properties for sale in Australia.
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Price: s £367,000
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Type: Apartment
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Bedrooms: 1,2,3
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Description - Mainpoint - Melbourne’s newest land mark residential tower is a fantastic opportunity to secure your future.
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Price: £287,500
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Type: House
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Bedrooms: 1/2
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Featherbrook at Point Cook – only 25 mins from Melbourne Central Business District
With its vast open spaces and specially designed recreational areas, Featherbrook, Point Cook offers residents the very best in lifestyle options.
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View details | Enquire further
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Price: £264,561
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Type: New Home
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Bedrooms: 3
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In an ideal location, only 45mins north of the Melbourne Central Business District, this home is ready to be built in the Renaissance Rise Estate, Mernda.
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View details | Enquire further
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Price: £263,748
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Type: New Home
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Bedrooms: 3
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In an ideal location, only 50mins south-east of the city centre, this large home is ready to be built in the highly sought after Alarah Estate.
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Price: £234,443
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Type: New Home
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Bedrooms: 3
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In an ideal location, only 45mins west of the Melbourne Central Business District, this home is ready to be built in the Timaru Estate, Darley.
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Price: £230,112
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Type: Apartment
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Bedrooms: 2
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Ocean frontage, 2 bed, 2 bath. 90sm. Near new in well kept resort. 70% Occupany all year around. Low season tariff 145
per day rental. Low body corp in resort area in Sunshine Coast. Great for holidays or retirement apartment
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Price: £223,344
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Type: House
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Bedrooms: 4
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New House and land packages, in the new growth coridor.
600sm 4 bedrooms and 3 baths, lock up garage. Tired of the old houseing style of old Europe. Everything is new, new, new
in Caboolture. Low rates, and maintance
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Price: £194,000
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Type: Land
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Featherbrook at Point Cook – only 25 mins from Melbourne Central Business District
With its vast open spaces and specially designed recreational areas, Featherbrook, Point Cook offers residents the very best in lifestyle options.
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View details | Enquire further
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Price: £128,558
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Type: New Home
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* Boutique Development of only 86 apartments in complex
* First development of its kind in the area
* Selected modern & stylish decor - fully equipped with select balconies
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View details | Enquire further
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