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Buy Property in Australia: FIRB Rules, Costs and Locations

8,891 homes, apartments and plots from local agents and developers, across 1 cities and towns.

Listings
8,891
Cities
1
Houses
7,863
Under 100k
29

Properties for sale in Australia

Listings link to the original agent or portal, where you can contact the seller directly.

34 properties shown

Australia 108Apartment

$500,000

Melbourne

1 bd 1 ba 50 m²
Ocean by MeritonApartment

$595,000

Gold Coast

1 bd 1 ba 65 m²
Barangaroo South ResidencesApartment

$1,700,000

Sydney

1 bd 1 ba 70 m²
One Circular QuayApartment

$1,000,000

Sydney

1 bd 1 ba 60 m²
Fishermans Bend Development – Ferrars & CoApartment

$485,000

Melbourne

1 bd
West Side PlaceApartment

$400,000

Melbourne

1 bd 1 ba 50 m²
Queen’s Wharf ResidencesApartment

$370,000

Brisbane

1 bd 1 ba 50 m²
Atlassian Central (Tech Central)Apartment

Price on request

Sydney

One The Esplanade (Elizabeth Quay)Apartment

$800,000

Perth

1 bd 1 ba 60 m²
Brisbane SkytowerApartment

$400,000

Brisbane

1 bd 1 ba 70 m²
Muswellbrook Unit for Sale $390K | 2BR, Solar, A/C, Garage & MoreApartment

A$390,000

Muswellbrook

2 bd 1 ba
Near-New Architectural Bayside Home with Ocean GlimpsesApartment

A$1,740,000

Lota

4 bd 3 ba 288 m²
Charming 3X1 Beach Cottage on Generous 1012m2 BlockHouse

A$490,000

Castletown

3 bd 1 ba
Coveted Elevation, Views and Floor PlanApartment

A$597,000

Fortitude Valley

1 bd 1 ba 54 m²
Sunnyhurst – Country Lifestyle & Income opportunity on 5 AcresApartment

A$2,500,000

BRIDGETOWN

17 bd 8 ba
Modern Luxury Meets Village Charm in the Heart of MudgeerabaVilla

A$1,575,000

Mudgeeraba

4 bd 2 ba 252 m²
Spectacular Broadbeach Apartment: Mini Palace with a View !!Apartment

A$995,000

Broadbeach

1 bd 1 ba 56 m²
2 Bed Light-Filled Ground Floor Unit with Pvt Courtyard and Pool Manoora, CairnsApartment

A$350,000

Manoora

2 bd 1 ba 68 m²
Contemporary stylish townhouse close to the Broadwater's waterfront facilities and Chirn Park village.Apartment

A$449,000

LABRADOR

3 bd 2 ba 175 m²
4 Bedroom 2 Bathroom House on double block in HuntingdaleApartment

A$414,990

HUNTINGDALE

4 bd 2 ba 150 m²
Fully renovated family home with luxurious features throughoutApartment

A$669,000

VICTORIA POINT

4 bd 2 ba 211 m²
Lifestyle Home or InvestmentApartment

A$480,000

Spring Hill

2 bd 1 ba 86 m²
Location, privacy, security and lifestyle!Apartment

A$1,400,000

BAHRS SCRUB

5 bd 3 ba 308 m²
Gorgeous Character Home in a Sought After StreetApartment

A$685,000

GLEN FORREST

3 bd 2 ba 180 m²
CENTRAL BALLARAT UNIT - WALK TO STURT STREET $750 per week Airbnb incomeApartment

A$269,000

BALLARAT CENTRAL

1 bd 1 ba 103 m²
COASTAL LIVING WHERE THE HOME BLENDS INTO THE COASTAL LANDSCAPEApartment

A$749,000

MARCOOLA

3 bd 2 ba 115 m²
Spacious and light-filled double storey 4 bed home!Apartment

A$1,050,000

QUAKERS HILL

4 bd 2 ba 183 m²
Expressions of interest for sale of much loved homeApartment

A$850,000

MULLALOO

3 bd 2 ba
Affordable fully renovated family home!Apartment

A$369,000

Boulder

3 bd 1 ba 120 m²
Much-Loved Victorian (1880) Family Home in the Heart of South Hobart VillageApartment

A$1,450,000

South Hobart

4 bd 2 ba 135 m²
Due to popular demand HOME OPEN this SATURDAY 1230Apartment

A$309,000

DAWESVILLE

3 bd 2 ba
ONE OF A KIND - CUSTOM DESIGNED HOMEApartment

A$449,000

COLLIE

4 bd 2 ba 348 m²
Spectacular family home guaranteed to impressApartment

A$760,000

THORNLANDS

4 bd 3 ba 39 m²
JUST 12 HOUSES TO THE BEACH ...Apartment

A$975,000

MOFFAT BEACH

4 bd 2 ba 260 m²

Where to buy in Australia

Cities and towns with the most properties for sale right now.

Buyer's guide: Australia

Our database lists 8,652 properties for sale in Australia with a median asking price of €428,305, mostly houses. Foreign buyers face FIRB approval and stamp duty surcharges, so planning matters. This guide explains where to buy, what it costs and the process.

Australian property market in numbers

All numbers are from current listings on RealEstateAbroad and are asking prices, converted to euros from Australian and US dollars. Listings are dominated by houses, so the figures describe the detached-home market more than inner-city flats.

IndicatorCurrent listings
Listings8,652
Median asking price€428,305
Middle 50% of prices (p25 to p75)€294,848 to €605,214
Median price per m²€2,776
Median size157 m²
Property-type mixHouses 7,742; apartments 638; land 330; villas 34; commercial 12; studios 4; penthouse 1
BedroomsStudio/0 bed: 36; 1 bed: 485; 2 beds: 1,778; 3 beds: 3,078; 4 beds: 2,369; 5+ beds: 680

Foreign buyers in Australia are steered towards new dwellings and vacant land, so the question is often 'which new project?', not 'which established home?'.

— RealEstateAbroad market note

The big rule: FIRB approval

Foreign persons generally need approval from the Foreign Investment Review Board (FIRB) before buying residential property in Australia. Broadly, non-residents and temporary residents are allowed to buy new dwellings, off-the-plan homes and vacant land to build on, but not established homes. Foreign purchase of established dwellings is banned from 1 April 2025 to 30 June 2029, and temporary residents are included, with limited exceptions. Rules, fees and exemptions change, so verify the current position at the Foreign Investment Review Board website or with an Australian lawyer.

Breaching these rules can lead to forced sale and penalties, so approval comes before contract, or contracts must be conditional on approval.

Read more (9 more sections)

Where to buy

Our data concentrates on Surfers Paradise on the Gold Coast, which has 51 listings and a median asking price of €402,855. The area mixes high-rise apartments with holiday rentals and nearby suburban houses.

Other popular markets include Sydney, Melbourne, Brisbane and Perth. They hold more total stock, but they are not currently featured in our own city pages. Compare broader options on our countries and cities directories, and use the Australia market analysis for context.

Property types

Houses make up about 89% of listings, usually freestanding homes on their own lot, often with three or four bedrooms. Apartments number 638 and are generally strata-titled, meaning you pay body-corporate levies and share common areas. Land listings (330) can be eligible for foreign purchase if you build within set timeframes.

Check zoning, flood and bushfire overlays, easements, and whether a new home meets the foreign-buyer definition of a "new dwelling".

Buying process

  1. Apply for FIRB approval where required, or make your contract conditional on approval.
  2. Engage a conveyancer or solicitor.
  3. Find a property and make an offer. Methods include private treaty, auction and off-market deals.
  4. Sign the contract and pay a deposit, commonly 5% to 10%. Auction purchases are unconditional with no cooling-off.
  5. Cooling-off and searches. Rules differ by state; some states allow a short cooling-off period.
  6. Settle. Funds are exchanged electronically (PEXA), duty is paid and title is transferred.

Our Australia buying guide gives further detail.

Costs and taxes (approx., verify locally)

Stamp duty is a state tax and foreign buyers often pay a surcharge.

CostTypical level (approx.)
FIRB application feeScaled by price, from several thousand dollars up
State stamp dutyRoughly 3% to 6% depending on state and price
Foreign purchaser surchargeCommonly around 7% to 9% of price, varies by state
Conveyancing / legal feesAbout A$1,000 to A$3,000 plus disbursements
Annual land tax and council ratesVary by state; foreign owners may pay land tax surcharges
Vacancy feeForeign-owned homes left empty may attract an annual charge

Mortgages for foreigners

Australian banks lend to non-residents, but with limits, typically requiring larger deposits (often 30% or more) and strict income verification. Some lenders will not lend to non-residents at all. Rates follow the Reserve Bank of Australia cash rate, with lender margins. Read our Australia financing guide and model payments with the mortgage calculator.

Residency

Buying a home does not create a right to live in Australia. The former investor and significant-investment routes have been restructured, and none depends on property. Seek advice from a registered migration agent for your visa pathway.

Pros and cons

Pros

  • Stable legal system and strong property rights
  • Large detached homes and lifestyle locations
  • English-speaking market with transparent title

Cons

  • FIRB approval and limits on established homes
  • Stamp duty and foreign-buyer surcharges
  • Land tax surcharges and vacancy fees
  • Distance and currency exposure for overseas owners

Holding costs and exiting

Owning in Australia carries ongoing costs: council rates, water charges, insurance and, in apartments, strata levies. Foreign owners may pay higher land tax in some states, and homes left empty can attract a vacancy charge. Sales by foreign residents trigger capital gains tax and may involve withholding at settlement, so plan your exit before you buy.

Currency matters too. Australian dollar swings against your home currency can add or erase several percentage points of return, so consider keeping rental income in Australia until rates suit you.

Plan your purchase

Last updated 8 October 2026

Buying property in Australia: FAQ

Can foreigners buy property in Australia?

Yes, but with approval and limits. Foreign persons generally need FIRB approval and are mainly allowed to buy new dwellings and vacant land. A temporary ban applies to established homes, so verify current rules.

How much do homes cost in Australia?

Current listings on RealEstateAbroad show a median asking price of €428,305, with half between €294,848 and €605,214. Sydney and Melbourne, which we do not currently feature, are generally higher.

What extra taxes do foreign buyers pay?

Each state adds a foreign purchaser stamp duty surcharge, commonly in the 7% to 9% range, and some states levy land tax surcharges and vacancy fees. Rates vary, so check with a conveyancer.

Can I get an Australian mortgage as a non-resident?

Some banks lend, but terms are stricter. Expect deposits of 30% or more and extra income documentation.

Does buying property give me residency?

No. Property purchase does not give a visa. Consult a registered migration agent.

What is a new dwelling for FIRB?

Broadly, a home that has not been previously occupied or sold as a dwelling, or one under construction. The precise definition has conditions, so confirm before signing.

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