Updated FIRB Rules for Foreign Property Buyers in Australia
By Ravs Realtors · 25 September 2026 · 1 min read · Source: Zagdim
Foreign nationals generally require FIRB approval to buy Australian property, with a ban on purchasing established dwellings extended until June 30, 2029, subject to limited exceptions. Investment is channeled towards new dwellings, off-the-plan, and vacant land for development.
Foreign investors targeting Melbourne's western growth corridor should focus on new developments or vacant land with clear construction plans, understanding that established properties remain largely inaccessible and fees apply.
Summarised by Ravs Realtors from reporting by Zagdim.
