Can Indians buy property in Australia?
Here’s a common question: Can Indian nationals buy property in Australia without a PR (Permanent Residency)?
Australia provides a safe and regulated enviornment for international property purchasers with high rental income and exceptional capital growth, especially in the major capital cities such as Melbourne.
Here’s the one thing you need to know: The property must be NEW, and not established.
Australia’s foreign property investment rules encourage foreign buyers to purchase new buildings and therefore stimulate the construction of new housing.
In a city like Melbourne, where the population is booming, there are many advantages to buying a brand new home. When buying a new property in Melbourne, you are likely to make more in capital growth and rental yields than other Australian cities.