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Dunelm68

Buying property in Australia for holiday purposes

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Is it feasible to buy a house (no mortgage required) in Australia as a British citizen to use for 3-6 months per year whilst visiting family who would also use the house for friends and other relatives to use at other times. 

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1 hour ago, Dunelm68 said:

Is it feasible to buy a house (no mortgage required) in Australia as a British citizen to use for 3-6 months per year whilst visiting family who would also use the house for friends and other relatives to use at other times. 

You could lend the money to your family and they could buy the house.

I think there are rules on non residents buying property, but I believe they are allowed to buy brand new houses.

Edited by newjez

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As a foreign buyer, you’ll need to apply to FIRB for permission to buy. The fee for that is a few thousand dollars. If you’re not buying it as your principal residence, then there are restrictions on the type of dwelling you can buy. 

You will be charged extra stamp duty, which varies from state to state but can result in you paying as much as three times the normal rate. You may have difficulty getting insurance on the property. 

All in all, it would be much easier if you could lend or gift the money to an Australian resident to buy the place in their name


Scot by birth, emigrated 1985 | Aussie husband applied UK spouse visa Jan 2015, granted March 2015, moved to UK May 2015 | Returned to Oz June 2016

"The stranger who comes home does not make himself at home but makes home itself strange." -- Rainer Maria Rilke

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Look at the FIRB rules and specific details of the state.  It is perfectly possible but more expensive as a non resident.

You will not have any specific issues with insurance being a non resident, the issue will be the same as an Australian in that the house may be unoccupied fo weeks on end.

We bought land as non residents through FIRB (it was free then!).  We had to build new, we let that house out whilst we were in the UK.  We now live in it.

I know of people who have done this, sometimes building on family land.  If you do buy land the stamp duty and FIRB fees will only be on that land purchase price not on the value of the build.

I honestly wouldn’t get into having someone else own a house for you........ too many things could happen down the line and you would have to spend money on legal costs to protect your investment somehow anyway. Not when there is a perfectly legal way of doing this.


So many wineries ......so little time :yes:

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Thank you all! Useful information to mull over that it is possible to be able to do that and also for insurance purposes as in the U.K. insured properties should not be left empty for prolonged periods arrangements can be made to have somebody there off and on to satisfy the insurance terms.

I do agree that it would be inadvisable to "lend" money to purchase a property (and it would be a new build also - not interested in an established house) as you are quite right you never know what may happen down the line - I would want to be in control

Thank you for your replies!

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