What are the requirements for buying a house in Australia?

Everyone is familiar with Australia. It is the only country in the world whose territory surrounds the whole continent. It not only has many unique animals, plants and natural landscapes, but also is a multicultural immigrant country. So what are the conditions for buying a house in Australia? What is the process of buying a house in Australia? Let's take a closer look with Bian Xiao!

What are the requirements for buying a house in Australia?

1. Overseas personnel buying houses in Australia must be approved by FIRB before they can buy houses. If you are an international student, you have to study there for more than one year before you can buy a house. After the buyer chooses a house, he will sign a purchase agreement with the Australian real estate agent and then pay a deposit, so as to keep your property.

2. When buying a house, you should pay the down payment within the specified time, accounting for about 10% of the total house price. You can sign a house purchase contract after paying the down payment, but you must have a clear goal before buying a house and know what kind of house you want.

What is the process of buying a house in Australia?

1, book a room

To buy a house, you should look at the house first, book the house, and put the deposit on the trust account of the developer's lawyer or real estate agent. The deposit is generally around1000-5,000 Australian dollars, which can be fully refunded.

2. Lawyer participation

After booking the house, the lawyer will explain the contract for both parties and sign it. This is the agreed cooling-off period. In addition, overseas people should apply for a house purchase permit (FIRB).

3. Sign a house purchase contract

Both parties sign a house purchase contract and pay the down payment, which is about 10% of the house price, to the trust account of the developer's lawyer.

4. Building construction

No charge.

Step 5 prepare loans

3-4 months before the house is completed, the developer will inform the buyers to apply for a loan.

6. Check the house before delivery.

The customer accepts the property and confirms the loan.

7. hand over the house and get the key.

Summary of the article: Well, the knowledge about the conditions of buying a house in Australia and the process of buying a house in Australia ends here. If you need more information, please continue to pay attention to Qijia. We will provide you with better and more exciting content in the future.