Australia's Heaven Homes hub covers Sydney, Melbourne, Brisbane, Perth, Adelaide, Gold Coast, Sunshine Coast, Canberra, Hobart and Darwin. Median prices in 2026: Sydney AUD 1.62m, Melbourne AUD 950k, Brisbane AUD 880k, Perth AUD 780k, Adelaide AUD 770k, Canberra AUD 950k, Hobart AUD 680k. Foreign buyers face FIRB (Foreign Investment Review Board) approval — new dwellings and vacant land OK with application fee from AUD 14,700; established dwellings restricted to temporary residents only (under reforms from 1 April 2025, foreign nationals are banned from buying established dwellings for 2 years through 31 March 2027 except in narrow exceptions). Foreign-buyer surcharges add 7-8% stamp duty in NSW/VIC/QLD on top of standard duty. Buying costs ~5-6% for residents: stamp duty 3-5.5%, conveyancer AUD 1,500-3,000, mortgage registration AUD 200, building inspection AUD 500. Closings via conveyancer + lender — 30-45 days post-exchange. Resident mortgages 80% LTV at ~6% (May 2026 RBA cycle); non-residents 60-65% LTV at ~7%+. Yields: Brisbane 5-6%, Perth 6-7%, Adelaide 5-6%, Sydney/Melbourne 3-4% capital-growth plays. Significant Investor Visa (SIV) requires AUD 5m complying investment (not residential property). Investor visas via property alone are not available.
