Key points
- Foreign persons are currently banned from buying established dwellings, with limited exceptions.
- New dwellings, off-the-plan property and vacant residential land can generally be bought with approval.
- Approval is usually required before buying, and conditions can apply.
The current position
According to the Australian Taxation Office, foreign persons are banned from purchasing established dwellings in Australia from 1 April 2025 to 30 June 2029, with limited exceptions. The government extended the ban, which was originally due to end on 31 March 2027.
What foreign buyers can generally purchase
- New or near-new dwellings
- Off-the-plan property
- Vacant residential land, usually with a requirement to develop it within a set time
- Established dwellings for redevelopment, in limited circumstances
Foreign buyers usually need foreign investment approval before buying, and fees and conditions apply. Property developers selling new dwellings off the plan can apply for approval on behalf of their foreign customers.
What this means for sellers
If you are selling a new, near-new or off-the-plan property, or vacant residential land, overseas buyers may be part of your buyer pool. Whether a particular property qualifies as a new dwelling for a foreign buyer depends on the circumstances, so buyers should get their own advice. Our overseas agents work with international buyers who follow these rules.
Official sources
Rules can change. Check the latest information from the Australian Taxation Office and foreigninvestment.gov.au.
General information only, current as at November 2026. Not legal advice. Foreign buyers should obtain advice before purchasing.
Frequently asked questions
Can foreign buyers purchase off-the-plan property in Australia?
Generally yes, with foreign investment approval. New dwellings and off-the-plan property are treated differently to established dwellings, which foreign persons are currently banned from buying, with limited exceptions.
How long does the ban on established dwellings last?
According to the Australian Taxation Office, the ban runs from 1 April 2025 to 30 June 2029, after being extended from its original end date of 31 March 2027.
This guide is general information only and doesn't consider your circumstances. It is not legal, tax or financial advice.