Sydney, Melbourne and Perth tend to dominate the international property buyer’s imagination. But if the blare of the big city is not for you, you might find your feet in one of these small towns. Each offers a gentler pace of life, surrounded by nature, be that the coast, the rainforest or the desert. Discover two towns named after animals, the country’s counter-culture capital and a town that is literally built underground.
The Australian government has announced rule changes for foreign investors looking to buy a home there. We look at what this could mean for Australian property plans.
Buying a home in Australia as a non-resident can be complex. Whether you are buying from afar or are only on a temporary visa, you’ll have to seek approval from the Foreign Investment Review Board. There are also restrictions on the type of home you can buy. Let’s unpack it.
After dramatic rises in property prices followed by steep lows, we give you the latest data on the Australian property market. As ever, the market is different across the country, with Sydney seeing continued falls and Melbourne’s prices edging upwards.