Buying Property in Australia as a Foreigner — 2026 Price Guide & Ownership Rules
The average Australian dwelling was valued at A$1,111,100 nationwide in Q1 2026 (Australian Bureau of Statistics), ranging from A$580,000 in the Northern Territory to over A$1.3 million in New South Wales. Foreign buyers are currently banned from purchasing established (existing) homes until June 30, 2029 — new-builds and vacant land still require Foreign Investment Review Board approval.
Source: Australian Bureau of Statistics (ABS) — Total Value of Dwellings, March Quarter 2026
Foreign persons, including temporary residents, are banned from buying established dwellings until June 30, 2029. Foreign buyers may still buy new/near-new dwellings or vacant land for development with Foreign Investment Review Board (FIRB) approval.
Extra cost for foreigners: FIRB application fee (varies by price) plus, in most states, an 8% foreign buyer stamp duty surcharge
Source: Australian Taxation Office / Foreign Investment Review Board
These are dated fixtures from each source's own published report, not a live feed, and structural ownership rules that can change — verify both against the official source before relying on them for a purchase decision. Not legal, tax, or investment advice.
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