Overseas Buyer's Guide

Overseas Buyer's Guide

Savills is pleased to present our Overseas Buyer's Guide for residential property in Sydney and Melbourne. With over 700 offices in 60 countries, Savills is extremely well placed to understand the drivers behind foreign investment, global trends and ensure our clients receive the best advice.

Australia has long been an attractive destination for foreign investment into residential property. The stable economy and political landscape, tourism, education, immigration and health are all key drivers that attract investment from offshore buyers. However, for many the biggest draw is the lifestyle Australia offers. The warm, sunny climate combined with the rich and diverse culture appeals to buyers from all over the world.

Our key cities of Sydney and Melbourne have experienced strong growth in values over recent years much like many other global cities. As we look forward, although the tightening credit markets have already caused a reduction in supply, demand is expected to continue to grow.

We are now witnessing a generational boom in infrastructure investment, particularly in Sydney following a period of under investment. This investment in key transport projects will enhance our cities’ international reputation as business centres and a place to live. 

While there have been recent policy changes directed at international buyers, we expect our key cities to remain attractive investment destinations. Sydney and Melbourne will continue to provide the security, freedom and space together with a high quality of life that is so attractive to foreign buyers who seek their own piece of the Australian dream.

 
Sydney

Sydney is one of the most multicultural cities in the world with over 40 percent of residents born overseas and over 250 different languages spoken. 

 
Melbourne

A highly regarded city, Melbourne’s charms have been globally recognised, including being ranked the world's most liveable city for seven years in a row by the Economist Intelligence Unit's Global Liveability Index.

 
Purchasing Practicalities

Find out more about Australian types of property ownership, potential restrictions, the Foreign Investment Review Board and any additional taxes for foreign buyers.

 

Key contacts

Ged Rockliff

Ged Rockliff

Head of Residential

+61 (0) 2 8215 8861

 

Sophie Chick

Sophie Chick

Head of Research, Residential

+61 (0) 2 8215 6097

 

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