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Australia · AUD

Real estatein Australia

Australia devolves property transaction to the state. Sydney and Melbourne apply different stamp-duty scales, FIRB approval is required for foreign buyers, and strata title governs most apartments. sivrce opens with Sydney, Melbourne, Brisbane and Perth.

Registry path
Title checked
3D map
4–5.5%state stamp duty, scaled
8%NSW foreign surcharge
FIRBfederal approval before bidding
Bond authorityholds your deposit, not the landlord
What a purchase really costs

$1,000,000 home in Australia

Stamp duty (state) + surcharge — ≈4–5%
$49,508
foreign purchaser surcharge (NSW)
$80,000
Conveyancer & disbursements (≈0.6%)
$6,000
Cash needed at closing
$1,135,508

≈ +13.6% over the price. Stamp duty is state law — Sydney and Melbourne run 4–5.5% scaled; the table models NSW bands. Foreign buyers add a surcharge stamp duty of 7–8% in NSW/Victoria on top and need FIRB approval before bidding, with a fee scaled to price. First-home buyers get concessions in every state, and the ACT rolls duty into rates.

Rentals run on rules

The rent side, in three lines

  • Deposits run four to six weeks’ rent as bond, held by a state bond authority.
  • Standard leases are 12 months, then periodic.
  • Rent increases are capped in frequency (12 months in most states), not amount.

Sydney prices off harbor scarcity; Melbourne off the world’s biggest suburban footprint; Perth off mining cycles.

Foreign buyers need FIRB approval before signing a contract, pay a foreign-buyer surcharge on stamp duty (8% in NSW, 8% in Victoria), and face a vacancy fee if the property is left empty. The total premium over a local buyer is significant.

Stamp duty is the big closing cost: in NSW it scales from 1.25% to 7% above $3.5m; in Victoria the rate is lower but the full land tax is charged on investment properties. Budget the state where you close, not a national average.

sivrce.com/au is the canonical Australia URL. Listings publish only when verified.

FAQ

Can a foreigner buy in Australia?
Yes, with FIRB approval and a foreign-buyer surcharge. New-build is generally easier to obtain than established property. Apply before you sign, not after.
Is the auction system risky?
At auction you are legally bound with no cooling-off period. Do your building and pest inspection before auction day, not after.

All markets: sivrce.com · Georgia marketplace: sivrce.ge · Prices and availability are published only when a verified listing exists. Market currency: AUD.