Real Estate in Australia
Last updated on Sep 08, 2023
Summary: An expat looking to buy a home in Australia should begin by researching the local real estate market and familiarizing themselves with the different types of properties available. They should also consider their budget and the type of amenities they are looking for in a home. When searching for a home to buy in Australia, expats should consider the location, size, and features of the property. They should also consider the local amenities, such as schools, parks, and public transportation. Homes in Australia typically include features such as air conditioning, modern appliances, and outdoor areas. Some homes may also include a pool, spa, or other luxury amenities. Foreigners are allowed to purchase property in Australia, however, there are restrictions on the type of property they can buy. Foreigners are generally not allowed to purchase existing residential dwellings, but they can purchase vacant land, new dwellings, and off-the-plan dwellings.
How do I find a place to live in Australia?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the best ways to find a place to live in Australia is to research online. Popular websites such as realestate.com.au, Domain, and flatmates are great places to start looking for rentals and share housing alike. Another option is to enlist the help of a local real estate agent in the area who can give you an up-to-date overview of the current housing market. Additionally, joining local Facebook groups and online communities devoted to the areas you are interested in can give you firsthand information from other locals. Finally, search and connect with Australians on social media platforms such as Facebook, LinkedIn, Instagram, etc. to source contacts and get recommendations," explained one expat living in Australia.
"Neighborhood by walking around in it. Looked through the Sydney Morning Herald website for homes; talked to real estate agents," said one person in Sydney.

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What is a typical expat home or apartment like in Australia?
"An apartment in downtown. Most expats live in houses outside of the city center," remarked one member in Melbourne.
"Expat homes and apartments in Australia tend to be spacious and modern, offering plenty of natural light and fantastic features such as stunning views of the harbour and beaches if located in coastal towns. Expats often have access to a range of amenities such as private pools and tennis courts, along with modern interiors and luxury appliances. Many of the homes and apartments available may come unfurnished, allowing expats to make their new homes reflect their own style and personalities," explained one expat living in Australia.

The TEFL Institute of Ireland operates under European standards of education, which are renowned and respected worldwide. Once you complete the course, you will receive a globally recognised certificate, which is a passport to teaching English worldwide and online. Teach English Online In Less Than 3 Weeks - Ditch the 9-5 job and start living life on your terms by teaching English online. Whether you want to travel the world or crave the flexibility of working from home, teaching online gives you the freedom you need.

The TEFL Institute of Ireland operates under European standards of education, which are renowned and respected worldwide. Once you complete the course, you will receive a globally recognised certificate, which is a passport to teaching English worldwide and online. Teach English Online In Less Than 3 Weeks - Ditch the 9-5 job and start living life on your terms by teaching English online. Whether you want to travel the world or crave the flexibility of working from home, teaching online gives you the freedom you need.
What is the average cost of housing in Australia?
If you are thinking about moving to Australia, cost of living in probably a key consideration. Expats commented about the cost of housing:
"Housing is more expensive here. They vary a lot but in this area you would pay A$1400-A$1600 for a clean family home. O/w most would be rather shabby," remarked one foreigner who made the move to Sydney.
"The cost of housing in Australia varies greatly depending on the location, with the average cost of housing being relatively high compared to other countries. Generally speaking, the average cost of rental accommodation in Australia can range from around $250 to upwards of $700 per week, while the median price of purchasing a house is approximately $550,000," explained one person living in Australia.
Should I buy or rent a home in Australia?
If you have not spent a lot of time in Australia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Australia is typically recommended if you are planning on staying in the country for more than two years and if you feel financially stable enough to commit to a mortgage. Renting gives you the flexibility of not having to worry about the costs, repairs and upkeep of being a homeowner. However, you may not be able to build any equity in the property if you decide to rent. It really comes down to a personal choice and the financial ability to back up that decision," said one person in Australia.
What do I need to know when buying property in Australia?
When we asked expats what advice they would give a foreigner before buying a property in Australia, they said:
"1. First, it is important to understand the local market, research and compare prices of properties in the area in which you wish to purchase. 2. Talk to a buyer's agent and/or property attorney to get help, advice and assistance in the purchase process. 3. Familiarize yourself with Australian laws and regulations regarding property ownership. 4. Get a building and pest inspection to assess the condition of the property before purchasing. 5. Make sure you have appropriate insurance in place to cover any unexpected costs. 6. Be aware of any hidden costs, such as transfer fees, mortgaging fees, legal fees, and other fees associated with the purchase. 7. Consider long-term maintenance costs for the property. 8. Speak to a qualified tax adviser to make sure that you are aware of any tax implications associated with the purchase. 9. Have a clear plan of action and timeline, and know what steps need to be taken in order to purchase the property. 10. Investigate the loan options available to you, and ensure that you are making a decision that is financially responsible," explained one expat in Australia.
Are foreigners allowed to own property in Australia?
When we asked expats what advice they would give a foreigner before buying a property in Australia, they said...
"Yes, foreigners are allowed to own property in Australia. However, they must obtain approval from the Foreign Investment Review Board (FIRB) before they can purchase any real estate. The FIRB assesses applications on a case-by-case basis and considers factors such as the type of property, the purpose of the purchase, and the applicant's financial capacity. Foreigners are generally only allowed to purchase new dwellings, and they must also demonstrate that they have the financial capacity to meet the purchase price and associated costs," explained one foreigner living in Australia.
What appliances are typically included in a rental?
We asked foreigners in Australia what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In Australia, a typical rental property will usually come with a refrigerator, stove (or oven/cooktop), washing machine, and sometimes additional appliances like a microwave, dishwasher, and/or clothes dryer. Furthermore, some rental agreements may also include furniture and basic home appliances, such as a television and DVD player. Additionally, outdoor equipment may be provided, like a BBQ, mower, and gardening tools," said one expat in Australia.
Additional Information about Searching for a Home in Australia:
We asked foreigners in Australia what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Australia by using online real estate websites, such as Domain and Realestate.com.au, to browse listings and find properties that meet their needs. They can also contact local real estate agents to get more information about the area and to arrange viewings. Additionally, expats can join online expat communities to get advice from other expats who have already moved to Australia," explained one foreigner living in Australia.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
Additional Information:
- Australia Guide
- Healthcare & Health Insurance in Australia
- Members Talk about Healthcare & Health Insurance in Australia
- Best Places to Live in Australia
- Guide to Real Estate in Australia
- Pros & Cons of Living in Australia
- Cost of Living in Australia
- 10 Cultural Faux Pas to Avoid While Living in Australia
- Top Hospitals in Australia by Specialty
- Best Places to See While on a Look-See Trip to Australia (Plus, Itineraries)
- Moving with a Pet to Australia
- 2025 Guide to Living in Australia
- Pros and Cons of Living in Australia 2025
- 2025 Guide to Moving to Australia