Off the Plan
Resident
Non - Resident
FIRB
Deposit Bond
Deposit Bond fee
House and land Packages
Why Invest in Australia?
Stamp Duty Guide
Having problems viewing this site? click here
If your question has not been covered in this FAQ, please send your queries using our Contact Us Form or email us.
Off the Plan
Being built now or to be built in the future. Completion is between 12 to 18 months or longer but cannot exceed the sunset clause. (Sunset clause is a specific completion date agreed by the developer.)
Resident
Only residents of Australia are allowed to purchase an Off the Plan development.
Non - resident
Non-residents may purchase a property in Australia with a 40% deposit of the purchase price.
FIRB (Foreign Investment Review Board)
All foreign buyers must complete an FIRB statement of purchase details.
Deposit Bond
Deposit bond is a form of guarantee in liu of the normal 10% deposit cash to purchase on off the plan property. Applicable to Australian residents only. Deposit Bond fee
Deposit bond fee varies from $450 to $5000 depending on the term of the bond i.e. 3 months to 48 months and the purchase price.
House and Land Packages
Buying house and land packages is simply choosing the lot in a development site and the type of house you like to build on the lot you have chosen.
Why Invest in Australia?
Australia’s resilient economy has avoided the economic downturn experienced by many countries during 2008 and 2009 global financial crisis.
Capital City Property Markets
Sydney
With a population of over five million, Sydney is Australia’s largest city. The annual compounding growth rate over the five years ending September 2004 was 12.1% for houses and 9.1% for units. Sydney houses currently have a median price of $650,000 AUD and units have a median price of $500,000 AUD.
Melbourne
Melbourne is Australia’s second largest city with a population of over three million. Melbourne’s property market has recorded solid price growth, with house and unit prices increasing by 10.2% per annum over the five years ending September 2004.
Brisbane
Brisbane is often referred to as Australia’s ‘most livable’ city. Brisbane’s median house price rose from $142,000 AUD in 1999 to $302,000 AUD in September 2004 which equates to an annual compounding growth rate of 16.3%.
Stamp Duty Guide
|
