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Buying Property in Queensland as a Non-Resident: What You Need to Know
By: Annoymous
February 16, 2024

Investing in real estate can be a lucrative venture, and Queensland, with its beautiful landscapes and robust economy, is an attractive destination for property buyers worldwide. But can non-residents purchase property in Queensland? Let’s delve into the details.

Understanding Non-Resident Property Ownership in Queensland:

Legal Framework:

  • Yes, non-residents are generally allowed to purchase property in Queensland.
  • However, there are certain regulations and restrictions that non-residents need to be aware of before making a purchase.

Foreign Investment Review Board (FIRB):

  • Non-residents looking to buy property in Australia, including Queensland, must obtain approval from the Foreign Investment Review Board (FIRB).
  • FIRB approval is required for both new and existing residential properties and certain commercial properties.

Steps for Non-Residents Buying Property in Queensland:

1. Obtain FIRB Approval:

  • Before entering into any property transaction, non-residents must apply for FIRB approval.
  • The application process involves providing details about the property, intended use, and personal information.
  • FIRB approval is generally granted for residential properties that will be used as a primary residence or as an investment for rental income.

2. Engage Legal and Financial Professionals:

  • It's crucial for non-residents to engage legal and financial professionals familiar with Australian property laws and regulations.
  • These professionals can guide buyers through the legalities, tax implications, and financing options associated with purchasing property in Queensland.

3. Research Property Market:

  • Conduct thorough research on the Queensland property market to identify suitable investment opportunities.
  • Consider factors such as location, property type, rental yields, and potential for capital growth.

4. Budgeting and Financing:

  • Determine your budget and explore financing options available for non-resident property buyers.
  • Non-residents may be eligible for home loans from Australian lenders, but criteria and interest rates may differ from those for residents.

5. Due Diligence:

  • Before finalising a property purchase, conduct due diligence to ensure the property meets your requirements and is free from any legal or structural issues.
  • Consider engaging a qualified building inspector to assess the property's condition.


Buying property in Queensland as a non-resident is feasible with the right knowledge and guidance. By obtaining FIRB approval, engaging professional assistance, conducting thorough research, and exercising due diligence, non-residents can navigate the property market successfully.

Whether you're purchasing a residential property for personal use or an investment property for rental income, Queensland offers diverse opportunities for non-resident buyers to capitalize on its thriving real estate market.

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