For China residents who want to buy a house in Australia, they must consider whether the conditions for buying a house are met, otherwise they cannot buy a house in Australia. Especially in Australia, the conditions for buying new houses and second-hand houses are different, so for those who want to buy new houses and second-hand houses, it is necessary to distinguish what conditions they need to meet.

What are the conditions for China people to buy a house in Australia?

For China residents, they are non-Australian residents, that is, foreign citizens who do not live in Australia, including those who hold short-term visas and are allowed to stay in Australia for a limited time. For such residents, it is generally impossible to buy real estate directly in Australia. If they want to buy, they need to submit an FIRB application to obtain the qualification to buy, and they can only buy a new house.

if you buy a second-hand house, you need to hold a temporary visa that allows them to stay in Australia for more than 12 months, and you need to apply through FIRB before you can buy a second-hand house in Australia, and it is only for your own use. It can be seen that even if you buy a second-hand house in line with the conditions, there is not much room for investment. It's ok if you live by yourself. For details, see Can China People Buy Second-hand Houses in Australia

. Therefore, it can be seen that one of the most important conditions for buying a house in Australia is to obtain an FIRB application first, and if it is not approved or violates FIRB regulations, it will be punished, as follows:

Pure overseas people: a fine of $2,4+a supplementary FIRB application fee.

Australian visa holder: fine of $1,2+supplementary application fee.

in addition, both of them will also face a civil penalty of up to 1% of the house price.

under what circumstances can you buy a house without applying for FIRB

In Australia, you can buy a house directly without applying for FIRB, mainly through the following ways.

1. Purchase the developer's property that has been approved in advance and can be sold to foreigners. 2. purchase some residential real estate of the comprehensive tourist resort 3. rights and interests obtained according to the will or legal property inheritance

4. rights and interests obtained from the Australian government (federal government, state, territorial government or local government) or legal enterprises established for public purposes.

as for the conditions of buying a house, if you are buying a new house, you only need to apply through FIRB for China residents, but if you are buying a second-hand house, you need to meet more conditions, except holding a temporary visa that allows them to stay in Australia for more than 12 months as mentioned above. There are the following situations.

1. major Australian enterprises can apply for buying second-hand houses for their employees in Australia to live in.

2. If you purchase a second-hand house for renovation, you can usually get approval as long as the renovation proposal can increase the housing stock in Australia (at least two houses need to be built to demolish one house), or it can show that the existing houses are abandoned or unfit for living.