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.

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