Simple Steps for Vietnamese Buyers and Overseas Investors
Thinking of buying a home in Australia from overseas?
You’re not alone. Many international buyers, especially Vietnamese families, are investing in Australian property—either for their children studying abroad, family migration plans, or long-term wealth building.
While local regulations and processes might seem daunting, with the right guidance, buying property in Australia as a foreigner is completely achievable.
In this guide, Nich Real Estate walks you through the 4 simple steps to take today.
Step 1: Choose the Right Property Type
These three property options work best for foreign buyers and have strong demand in Adelaide:
Off-the-Plan Apartments
Brand new apartments under construction or just completed—perfect for long-term plans.
✅ Lower purchase price if bought early
✅ Pay via instalments during build time
✅ Modern design, high rental demand
✅ Central locations (e.g. Adelaide CBD)
House & Land Packages
Buy a plot of land and build your dream home.
✅ Customize layout and design
✅ Great for families or students staying 3–5 years
✅ Includes yards, privacy, and comfort
✅ Popular suburbs: Prospect, Woodville, St Clair
Brand New Completed Homes
Move-in-ready homes with full features.
✅ No waiting – ready now
✅ Includes kitchen, air conditioning, laundry
✅ Ideal for immediate living or rental
✅ Family-friendly, low maintenance
Step 2: Legal Requirements & FIRB Approval
Do foreigners need approval to buy property in Australia?
Yes. Non-citizens or non-permanent residents require Foreign Investment Review Board (FIRB) approval before purchasing.
What to know:
• Complete the FIRB application online
• Pay an approval fee (based on purchase price)
• Expect 2–4 weeks processing time
👉 More details and applications at the official FIRB website
Step 3: Contract, Deposit & Settlement
Once FIRB approval is granted:
• You sign a Contract of Sale
• Pay a deposit (usually 10%)
• Final payment depends on your property type:
– Off-the-plan: settlement upon completion (6–24 months)
– House & land: staged payments during construction
– Brand-new home: one-time payment, immediate settlement
Nich Real Estate will:
• Coordinate with developers and solicitors
• Track progress and timeline
• Keep you updated every step of the way
Step 4 (Optional): Property Management & Rental Support in Australia
If you’re not living in the property right away—Nich can help you rent it out.
We handle everything:
• Property advertising
• Tenant screening & leasing
• Inspections & rent collection
• Maintenance management
💡 A well-located 2-bedroom apartment in Adelaide can rent for $500–$700 per week, making it a strong source of passive income.
👉 See our rental service in action: Rental Management Services
Why Choose Nich Real Estate?
✅ Vietnamese-owned, Adelaide-based agency
✅ Bilingual service in Vietnamese & English
✅ Proven success with dozens of foreign buyers
✅ Full support: FIRB, legal, financing, rental
✅ Transparent fees and guidance tailored to overseas investors
👉 Learn more about Nich’s services and values: About Us & Team
📌 FAQs
Can I buy if on a student or visitor visa?
Yes—with FIRB approval, new-build properties are permitted.
Can non-residents get home loans?
Yes. Nich refers you to experienced mortgage brokers used to foreign buyers.
Can I rent out the property?
Absolutely—our rental service provides hassle-free management.
Why Adelaide?
Great value, less competition, strong rental market—ideal for first-time foreign investors.
