Two-year break: Australia no longer wants buyers from abroad for real estate
Foreign investors will no longer be able to buy property in Australia, starting from 1 April Source: Moment RF / Andrew Merry/Getty Images
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Published 24 March 2025 2:47pm
Updated 24 March 2025 4:43pm
By Barbara Barkhausen
Source: SBS
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After New Zealand, Australia is also making it more difficult for foreigners to buy a house. The reason being the unaffordable real estate market, which is jeopardizing the Australian dream of owning a home. But this is a controversial issue ahead of the election. Barbara Barkhausen has put together exactly what is changing for us.
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