FIRB Payment Methods Change as Established-Home Ban Approaches End
As of September 19, 2026, the Treasury no longer accepts credit or debit card payments for foreign investment fees, requiring foreign buyers to use BPAY, direct deposit, or international bank transfer. Concurrently, the temporary restriction on foreign persons buying established dwellings is scheduled to end on March 31, 2027, though its future remains unconfirmed.
For Melbourne's western growth corridor, the potential lifting of the established-home ban could introduce more foreign buyer activity, particularly if the policy is not extended. Investors should monitor this closely, as increased demand could influence market dynamics and property values in the future.
Summarised by Ravs Realtors from reporting by Kalkine.



