Australian Property Purchase - An Overview

If you are an Australian National living overseas or a Foreign National looking to invest in Australian real estate, International Mortgage Network can help you.

It is vital however that, if you are an overseas developer or investor, you firstly familiarise yourself with Australia's foreign investment policy.

The regulations state that acquisitions of residential real estate in Australia by foreign interests require prior Foreign Investment Review Board approval and that all contracts of sale to acquire residential real estate by foreign interests must be made conditional on Foreign Investment Review Board approval and must allow at least 30 days for a decision to be granted.

This means that all foreign persons not holding Permanent Residence status in Australia must submit all applications to acquire residential real estate to the Foreign Investment Review Board for examination, regardless of the value of the property.

Acquisitions by Australian citizens and their foreign spouses to purchase residential property as joint tenants do not require Foreign Investment approval.

Full details can be found at the Foreign Investment Review Board web site at

Regardless of where you are in the world, if you already have property in Australia or intend to purchase somewhere in Australia, International Mortgage Network will make it easy for you.

Just by you completing and submitting the on-line application on this site, we can quickly assess your situation. One of our consultants will liaise with you, by whichever medium suits you, to determine your exact requirements and recommend a course of action.