There are many reasons why a resident of a foreign country might want to buy property in Australia. Amongst these reasons might be a need to provide accommodation for a child while he or she is studying at an Australian university, or for accommodation while you, or an employee of yours, is working in Australia. There is also the perception that Australia’s cities and towns are relatively safe, politically stable, have clean environments and milder weather than many overseas cities, and that ownership of a property in Australia gives you access to these advantages. Whatever your reason for wanting to buy property in Australia there are a series of legal, financial, governmental and tax issues to be overcome. This site is a guide to the various steps overseas buyers must take to buy real estate in Australia. It is full of hints and advice to make the process as easy as possible. For instance, the Home Price Guide, published by the producers of this site, Australian Property Monitors, is a list of sales over the past 12 months which you can compare to the price you are going to offer for a house or unit. domain.com.au - online access to the weekly real estate advertisements in The Sydney Morning Herald and The Age, the two major newspapers for real estate advertising in Sydney and Melbourne. Postcode Snapshot - a postcode by postcode (like the American zip code) look at the amenities and population make up of Sydney and Melbourne - Australia's two largest cities. We hope you find the site useful. Please email us if you would like to order a Home Price Guide or if you have any comments. Good house hunting. |