Hi, I’m from Sussex in the UK but am currently living in Perth with my husband, who is on loan for two years to the Royal Australian Navy from the British RN.
I’ve visited the FIRB website to find out what properties we can purchase and have decided to just concentrate on investing in a primary residence for ourselves in the Rockingham area.
So we can keep the property and rent it out when we have to go back to the UK, (hopefully we’ll be coming back permanently when I’ll begin investing for income!) – I’m looking at buying a spec house.
Does anyone know any developers with property ready to sell in the Perth area that hasn’t been lived in or previously sold?
Please email me at [email protected] with details!!
Thanks.
SarahSarah Cairncross
http://www.worthing.co.uk – your community websiteHi Sarah,
Thanks for your post and welcome to the website!
You have an interesting problem, but don’t forget that you can apply for exemption to the rules (not sure what chance you would have…)
Otherwise, I suggest checking out the weekend property section to the West Australian as when I last thumbed it through it was chockers with ads from developers.
Regards,
Steve McKnight
**********
Remember that success comes from doing things differently.
**********Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.comSuccess comes from doing things differently
Sarah,
We used to arrange FIRB approval for foreign owners.
I guess that having visited the FIRB site you would be familiar with the requirements.I would suggest contacting some local agents with your requirements ( ie…newly built and previously unoccupied homes, or 50% of a new development)
I believe you can also purchase vacant land as long as you build on it.
This may be worth considering, as your stamp duty costs would be much lower…( stamp duty on land price, vs stamp duty on completed building+land)Good Luck,,
KP
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