11 Essential Tools to Invest in Australian Property

1. Google Map: Sounds obvious but this is actually underrated, especially with the street view function.

2. Facebook Groups: one of the most important aspects when picking a property is the community and the demographic, this is one of the quickest ways for you to get the vibe of the community without the need of physically being there.

3. Realestate.com.au: A complete solution for foreigners to check the pulse of the Australian property market, from real time prices, time on market as well as market insights and trajectory in general.

4. Domain.com.au: sometimes there are listings on Domain but not on realestate, make sure you're on it too to not miss out.

5. Getting your tax right is crucial when investing in Australia, gov websites often explain and provide guidelines: https://www.ato.gov.au/individuals-and-families/investments-and-assets/capital-gains-tax/property-and-capital-gains-tax

6. Buying Australian property requires buyer to pay Stamp Duty, this fee will be different for non-resident buyers and can be calculated here: https://stampduty.calculatorsaustralia.com.au/

7. To secure permanent ownership of Australian property, foreigners must have FIRB approval, this fee will depend on the value of the property you intent to purchase: https://www.ato.gov.au/individuals-and-families/investments-and-assets/foreign-investment-in-australia/fees-for-foreign-residential-investors

If you're looking for speed and efficiency, talking to the experts is the fastest way:

8. Sales agents: One of the best ways to know current market prices and feel, they're talking to hundreds of people daily, the amount of data they have is massive and they know what the market wants.

9. Mortgage brokers: find out how much you could borrow, a great broker will be able to make lenders your allies and you can have great returns with them, one of the greatest assets is the smart use of interest rate and lenders.

10. Solicitors: they are one of the most important people in your investing/ home buying journey in Australia, they will be your guide through everything and giving advices from the Australian real estate buying/ selling legal perspective, some even could help you negotiate the price.

11. Tax accountant: this might be the most important people when you're planning to invest in Australia, they might be able to advise you what investment type would make sense to your specific situation, they could make you more money, save you money and if you are required to pay certain tax like land tax (varies in different state)

We hope to give you something that you can use right away with this post on your own without having to wait for anybody. Please feel free to reach out if you have any questions. We're happy to help you on your Australian real estate journey.

(All info are not investment advice, we encourage you to do your own due diligent)