New Zealanders buying property in Australia may need approval if they're buying rural or commercial property. If buying urban property, they may be able to get the First Home Owner Grant.
Purchasing property in Australia
Liability of non-Australian citizens for property related taxes, such as surcharge purchaser duties and surcharge land taxes, may vary between states. Please get advice before purchasing to ensure you are not caught out.
Urban property
New Zealanders don’t have to get approval from the Australian Foreign Investment Review Board (FIRB) before they buy an urban property in Australia.
Rural and commercial property
New Zealanders who want to buy rural or commercial property in Australia, like all other foreign citizens, would likely need Foreign Investment Review Board approval.
For more information, contact the Foreign Investment Review Board(external link).
First Home Owner Grant (FHOG)
New Zealanders living in Australia may also be able to get the First Home Owner Grant(external link).