Overseas/Foreign Investors in Australia's property market

Five Finance supports overseas property investment in Australian property, including single investors and property syndicates looking for the security of property in Australia. Property investment strategy concentrates on the capital cities Sydney, Melbourne, Brisbane and the Gold Coast.

The Australian Government's approach to foreign investment policy is generally to encourage foreign investment in Australian property, business and industry

Five Finance offers support on all aspects relating to taxation issues and foreign investment.

Five Finance has specific property specialists that service our clients' needs to achieve the lowest vacancy rate, provide good solid tenants and track and report regularly overseas for our client's up to date interest.

Foreign property buyers in Australia come under the guidelines of the Australian Governments "Foreign Investment Review Board."

For further information on Government policy you can contact the foreign investment review board.

Foreign Investor Overview

Why would a foreign buyer want to invest in Australian residential property?

• Strong rental income and capital growth
• Accommodation whilst children are at school
• A home for the future
• Taking advantage of great exchange rates;
• Spread risk and a safe opportunity as a holiday house for others to use.

Following are some examples in which foreign Investors may purchase FIRB approved property:-

• Brand New Property ( never been tenanted)
• Residential land, providing a home is built within 12 Months.
• House and land packages.
• Off the plan apartments.
• It's important to note that at least 50 % must be sold to Australian residents, which means any project has to be popular in Australia to succeed.
• Generally foreign investors can't buy, generally old properties so properties can't be resold to another foreign buyer.

Why buy in Australlia

• Historically capital growth in the major Australian cities has capital growth average of 10% per year
• Rental income usually between 5-8% of the price.
• Rental occupancy rates are traditionally over 95%, and most properties are Freehold.

If you are planning to buy an apartment, your legal representative will need to make a Strata Records Inspection. This will outline how much the levies are at the time of purchase. Such an inspection will also tell you the rules governing use of common facilities.

Five Finance has experience dealing with all sorts of foreign investors and has the correct legal and financial plan of attack to ensure investment safety and enticing our clients to make informed decisions regarding investment in Australian property.

Five Finance can recommend a panel of Australian lawyers and finance specialists to select from when foreigners wish to purchase property in Australia. These professionals are extremely well informed and experienced and are able to offer independent advice on all finance and contractual matters as part of Five Finances' holistic approach.

Ex Patriot Finance in Australia

Australians move overseas regularly due to carer progression and larger salaries enjoying tax free incomes and other financial benefits.

With the added wealth it stands to reason that buying an investment property would be and ideal decision for investment purposes or even to move back into when returning to Australia. We are associated with specialist lenders that can offer finance to Ex patriots and it must be noted that very few lenders cater for this area.Our finance specialists brokers at Five Finance structure the deals so that the specialised lenders can offer instant approval because it's quite common for lenders to be hesitant in lending money to overseas investors or Australian Expats as it is not the norm to them.

Aussie Expats abroad quite often contact us for help regarding buying property in Australia from overseas and we have an in-house Expat buyer's advocacy service for clients investing in Australia.