Australian Property News

Tighter FIRB Rules Redirect Foreign Property Investment

By Ravs Realtors · 21 September 2026 · 1 min read · Source: Taxesforexpats
Photo: Nico Nelson / flickr · CC BY 2.0

A ban on foreign persons buying established dwellings is in effect from April 1, 2025, to June 30, 2029, with limited exceptions. This policy aims to prioritize local buyers for existing homes while encouraging new housing supply.

For foreign investors eyeing Melbourne's western growth corridor, opportunities are primarily in new developments. This policy supports growth in new housing projects, potentially benefiting developers and those seeking brand-new properties in the region.

Summarised by Ravs Realtors from reporting by Taxesforexpats.

← All insights

More in Australian Property News

30 October 2026 · 1 min read · via Macrobusiness

Melbourne Property Becomes Relatively More Affordable, Ending Exodus

Melbourne's median house prices and rents are now more favorable compared to other major capital cities, potentially halting a prior resident exodus.

Read
30 October 2026 · 1 min read · via realestate.com.au

Economists' Poll Reveals Surging Recession Fears in Australia

Economists increasingly fear a recession within six months, driven by persistent inflation and an anticipated RBA interest rate hike.

Read
29 October 2026 · 1 min read · via Brokernews

Australian New Home Sales Decline, Raising Supply Concerns

New data shows a sharp decline in Australian new home sales, prompting warnings of a potential future housing shortage.

Read

Thinking of buying or selling? Talk to Rav.

Get in touch