{"id":3180,"date":"2021-11-16T06:06:45","date_gmt":"2021-11-16T06:06:45","guid":{"rendered":"https:\/\/cheongmei.com.hk\/blog_2-tc-copy\/"},"modified":"2022-08-31T08:18:47","modified_gmt":"2022-08-31T08:18:47","slug":"buying-a-house-in-australia","status":"publish","type":"page","link":"https:\/\/cheongmei.com.hk\/en\/blog\/buying-a-house-in-australia\/","title":{"rendered":"Buying a house in Australia"},"content":{"rendered":"<div id=\"themify_builder_content-3180\" data-postid=\"3180\" class=\"themify_builder_content themify_builder_content-3180 themify_builder\">\n    \t<!-- module_row -->\n\t<div   class=\"themify_builder_row module_row clearfix module_row_0 themify_builder_3180_row module_row_3180-0 tb_ymey140\">\n\t    \t    <div class=\"row_inner col_align_top\" >\n\t\t\t<div  class=\"module_column tb-column col-full first tb_3180_column module_column_0 module_column_3180-0-0 tb_472n140\">\n\t    \t    \t        <div class=\"tb-column-inner\">\n\t\t    <!-- module plain text 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-->\n\t<\/div>\n\t<!-- \/module_row -->\n\t\t<!-- module_row -->\n\t<div  class=\"themify_builder_row module_row clearfix module_row_2 themify_builder_3180_row module_row_3180-2 tb_8xng555\">\n\t    \t    <div class=\"row_inner col_align_top\" >\n\t\t\t<div  class=\"module_column tb-column col3-1 first tb_3180_column module_column_0 module_column_3180-2-0 tb_frrn555\">\n\t    \t    \t        <div class=\"tb-column-inner\">\n\t\t        <!-- module image -->\n    <div  class=\"module module-image tb_w9z0556  image-top  \">\n\t                <div class=\"image-wrap\">\n                            <img loading=\"lazy\" decoding=\"async\" width=\"785\" height=\"424\" src=\"https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_icon-eng.png\" class=\" wp-post-image wp-image-1100\" alt=\"brisbane_icon-eng\" srcset=\"https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_icon-eng.png 785w, 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srcset=\"https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector.png 6747w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector-300x75.png 300w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector-1024x256.png 1024w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector-768x192.png 768w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector-1536x384.png 1536w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector-2048x512.png 2048w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector-1024x256-600x150.png 600w\" sizes=\"(max-width: 6747px) 100vw, 6747px\" \/>            \n                        <\/div>\n            <!-- \/image-wrap -->\n        \n        \n        <\/div>\n    <!-- \/module image -->\n\t        <\/div>\n\t    \t<\/div>\n\t\t    <\/div>\n\t    <!-- \/row_inner -->\n\t<\/div>\n\t<!-- \/module_row -->\n\t\t<!-- module_row -->\n\t<div   class=\"themify_builder_row module_row clearfix module_row_3 themify_builder_3180_row module_row_3180-3 tb_apml060\">\n\t    \t    <div class=\"row_inner col_align_top\" >\n\t\t\t<div  class=\"module_column tb-column col-full first tb_3180_column module_column_0 module_column_3180-3-0 tb_qs9a066\">\n\t    \t    \t        <div class=\"tb-column-inner\">\n\t\t    <!-- module plain text -->\n<div  class=\"module module-plain-text tb_78ud037  \">\n        <div class=\"tb_text_wrap\" >\n\t\u3010New Beginners Must Read\u3011A comprehensive guide to the procedures for buying a house in Australia, mortgage, down payment and stamp duty    <\/div>\n<\/div>\n<!-- \/module plain text -->    <!-- module image -->\n    <div  class=\"module module-image tb_2lnz010  image-top    auto_fullwidth\">\n\t                <div class=\"image-wrap\">\n                            <img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1707\" src=\"https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2021\/11\/Property-in-Australia-new-scaled.jpg\" class=\" wp-post-image wp-image-3210\" alt=\"\u6fb3\u6d32\u8cb7\u6a13\u7a0b\u5e8f\u3001\u6309\u63ed\u3001\u9996\u671f\u548c\u5370\u82b1\u7a05\u5168\u653b\u7565\" srcset=\"https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2021\/11\/Property-in-Australia-new-scaled.jpg 2560w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2021\/11\/Property-in-Australia-new-300x200.jpg 300w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2021\/11\/Property-in-Australia-new-1024x683.jpg 1024w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2021\/11\/Property-in-Australia-new-768x512.jpg 768w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2021\/11\/Property-in-Australia-new-1536x1024.jpg 1536w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2021\/11\/Property-in-Australia-new-2048x1365.jpg 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>            \n                        <\/div>\n            <!-- \/image-wrap -->\n        \n        \n        <\/div>\n    <!-- \/module image -->\n    <div class=\"tb_slider_loader\"><\/div>\n    <div  class=\"module clearfix themify_builder_slider_wrap module-testimonial-slider tb_sxsl577  image-bubble   \">\n\t                <ul class=\"themify_builder_slider\"\n\t    data-id=\"tb_sxsl577\"\n            data-visible=\"1\"\n            data-tab-visible=\"0\"\n            data-mob-visible=\"0\"\n            data-scroll=\"1\"\n            data-auto-scroll=\"off\"\n            data-speed=\"1\"\n            data-wrap=\"yes\"\n            data-arrow=\"yes\"\n            data-pagination=\"yes\"\n            data-effect=\"scroll\" \n            data-height=\"variable\"\n            data-pause-on-hover=\"resume\"\n            data-play-controller=\"no\"\n            data-horizontal=\"\"\n            >\n                        <li class=\"post\">\n            <div class=\"testimonial-item\" >\n                \t\n\n                \n                <div class=\"testimonial-content\">\n                                        \t\t\t\t\t\t<div class=\"testimonial-entry-content\">\n \t\t\t\t\t\t\t<p>Under the Covid-19, the local real estate market is booming thanks to Australia&#8217;s low interest rate and the government&#8217;s various measures to stimulate the property market. Among them, first-hand property prices have repeatedly hit new highs and have great potential for appreciation, making them a popular choice for Hong Kong people to invest in overseas properties. If you are new to overseas property buyers, or have never bought a property in Australia, you may wish to take a look at this comprehensive guide on Australian property purchase procedures, mortgages, down payment and stamp duty.<\/p>\t\t\t\t\t\t<\/div>\n                                        \n                                    <\/div>\n                <!-- \/testimonial-content -->\n            <\/div>\n        <\/li>\n            <\/ul>\n    <\/div>\n            <div class=\"tb_slider_loader\"><\/div>\n    <div  class=\"module clearfix themify_builder_slider_wrap module-testimonial-slider tb_5ios720  image-bubble   \">\n\t                <ul class=\"themify_builder_slider\"\n\t    data-id=\"tb_5ios720\"\n            data-visible=\"1\"\n            data-tab-visible=\"0\"\n            data-mob-visible=\"0\"\n            data-scroll=\"1\"\n            data-auto-scroll=\"off\"\n            data-speed=\"1\"\n            data-wrap=\"yes\"\n            data-arrow=\"yes\"\n            data-pagination=\"yes\"\n            data-effect=\"scroll\" \n            data-height=\"variable\"\n            data-pause-on-hover=\"resume\"\n            data-play-controller=\"no\"\n            data-horizontal=\"\"\n            >\n                        <li class=\"post\">\n            <div class=\"testimonial-item\" >\n                \t\n\n                \n                <div class=\"testimonial-content\">\n                                            <h3 class=\"testimonial-title\">The process of buying a property in Australia can be roughly divided into the following seven steps:<\/h3>\n                                        \t\t\t\t\t\t<div class=\"testimonial-entry-content\">\n \t\t\t\t\t\t\t<ol>\n<li>Choose your favorite area and type of property<\/li>\n<li>Know the right mortgage plan<\/li>\n<li>Pay the deposit (Holding Fee) to keep the unit<\/li>\n<li>Sign the sale and purchase agreement<\/li>\n<li>Pay the first installment<\/li>\n<li>Pay stamp duty on property purchases in Australia<br \/>Building inspection and repossession<\/li>\n<\/ol>\t\t\t\t\t\t<\/div>\n                                        \n                                    <\/div>\n                <!-- \/testimonial-content -->\n            <\/div>\n        <\/li>\n            <\/ul>\n    <\/div>\n            <div class=\"tb_slider_loader\"><\/div>\n    <div  class=\"module clearfix themify_builder_slider_wrap module-testimonial-slider tb_8dlf977  image-bubble   \">\n\t                <ul class=\"themify_builder_slider\"\n\t    data-id=\"tb_8dlf977\"\n            data-visible=\"1\"\n            data-tab-visible=\"0\"\n            data-mob-visible=\"0\"\n            data-scroll=\"1\"\n            data-auto-scroll=\"off\"\n            data-speed=\"1\"\n            data-wrap=\"yes\"\n            data-arrow=\"yes\"\n            data-pagination=\"yes\"\n            data-effect=\"scroll\" \n            data-height=\"variable\"\n            data-pause-on-hover=\"resume\"\n            data-play-controller=\"no\"\n            data-horizontal=\"\"\n            >\n                        <li class=\"post\">\n            <div class=\"testimonial-item\" >\n                \t\n\n                \n                <div class=\"testimonial-content\">\n                                            <h3 class=\"testimonial-title\">Choose your favorite area and type of property<\/h3>\n                                        \t\t\t\t\t\t<div class=\"testimonial-entry-content\">\n \t\t\t\t\t\t\t<p>When choosing the property of your choice, it is recommended to consider carefully from multiple angles. The following are a few basic considerations.<\/p>\n<ul>\n<li>What identity should you use to buy a property: Are you a permanent resident of Australia (PR), a citizen (Citizen), or an overseas buyer (Overseas Buyer)?<\/li>\n<li>Type of property: Do you want to buy a flat, a garden villa or a detached house?<\/li>\n<li>Regional support: Is there good infrastructure, transportation, shopping facilities, school network and public security in the area?<\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n                                        \n                                    <\/div>\n                <!-- \/testimonial-content -->\n            <\/div>\n        <\/li>\n            <\/ul>\n    <\/div>\n            <div class=\"tb_slider_loader\"><\/div>\n    <div  class=\"module clearfix themify_builder_slider_wrap module-testimonial-slider tb_n0t8570  image-bubble   \">\n\t                <ul class=\"themify_builder_slider\"\n\t    data-id=\"tb_n0t8570\"\n            data-visible=\"1\"\n            data-tab-visible=\"0\"\n            data-mob-visible=\"0\"\n            data-scroll=\"1\"\n            data-auto-scroll=\"off\"\n            data-speed=\"1\"\n            data-wrap=\"yes\"\n            data-arrow=\"yes\"\n            data-pagination=\"yes\"\n            data-effect=\"scroll\" \n            data-height=\"variable\"\n            data-pause-on-hover=\"resume\"\n            data-play-controller=\"no\"\n            data-horizontal=\"\"\n            >\n                        <li class=\"post\">\n            <div class=\"testimonial-item\" >\n                \t\n\n                \n                <div class=\"testimonial-content\">\n                                            <h3 class=\"testimonial-title\">Know the right mortgage plan<\/h3>\n                                        \t\t\t\t\t\t<div class=\"testimonial-entry-content\">\n \t\t\t\t\t\t\t<p>You can apply for a mortgage from a bank in Australia or Hong Kong. If you need to apply for a property mortgage, you must provide a valid income certificate to the bank, including submission of employer letter or employment contract, bank statement and other documents. Changmei Australia Property Investment Co., Ltd. has many years of experience in assisting clients to apply for mortgages, and can assist in processing applications from the Shanghai Council throughout the process and provide professional advice during the application period.<\/p>\t\t\t\t\t\t<\/div>\n                                        \n                                    <\/div>\n                <!-- \/testimonial-content -->\n            <\/div>\n        <\/li>\n            <\/ul>\n    <\/div>\n            <div class=\"tb_slider_loader\"><\/div>\n    <div  class=\"module clearfix themify_builder_slider_wrap module-testimonial-slider tb_vwer255  image-bubble   \">\n\t                <ul class=\"themify_builder_slider\"\n\t    data-id=\"tb_vwer255\"\n            data-visible=\"1\"\n            data-tab-visible=\"0\"\n            data-mob-visible=\"0\"\n            data-scroll=\"1\"\n            data-auto-scroll=\"off\"\n            data-speed=\"1\"\n            data-wrap=\"yes\"\n            data-arrow=\"yes\"\n            data-pagination=\"yes\"\n            data-effect=\"scroll\" \n            data-height=\"variable\"\n            data-pause-on-hover=\"resume\"\n            data-play-controller=\"no\"\n            data-horizontal=\"\"\n            >\n                        <li class=\"post\">\n            <div class=\"testimonial-item\" >\n                \t\n\n                \n                <div class=\"testimonial-content\">\n                                            <h3 class=\"testimonial-title\">Pay the deposit (Holding Fee) to keep the unit<\/h3>\n                                        \t\t\t\t\t\t<div class=\"testimonial-entry-content\">\n \t\t\t\t\t\t\t<p>After confirming your favorite property, you can pay a deposit to the property agent to keep the unit. The properties sold by Changmei Australia Property Investment Co., Ltd. are listed simultaneously with Brisbane, Australia. Therefore, after you pay the deposit, we can quickly reserve your favorite unit.<\/p>\t\t\t\t\t\t<\/div>\n                                        \n                                    <\/div>\n                <!-- \/testimonial-content -->\n            <\/div>\n        <\/li>\n            <\/ul>\n    <\/div>\n            <div class=\"tb_slider_loader\"><\/div>\n    <div  class=\"module clearfix themify_builder_slider_wrap module-testimonial-slider tb_tkap070  image-bubble   \">\n\t                <ul class=\"themify_builder_slider\"\n\t    data-id=\"tb_tkap070\"\n            data-visible=\"1\"\n            data-tab-visible=\"0\"\n            data-mob-visible=\"0\"\n            data-scroll=\"1\"\n            data-auto-scroll=\"off\"\n            data-speed=\"1\"\n            data-wrap=\"yes\"\n            data-arrow=\"yes\"\n            data-pagination=\"yes\"\n            data-effect=\"scroll\" \n            data-height=\"variable\"\n            data-pause-on-hover=\"resume\"\n            data-play-controller=\"no\"\n            data-horizontal=\"\"\n            >\n                        <li class=\"post\">\n            <div class=\"testimonial-item\" >\n                \t\n\n                \n                <div class=\"testimonial-content\">\n                                            <h3 class=\"testimonial-title\">Sign the sale and purchase agreement<\/h3>\n                                        \t\t\t\t\t\t<div class=\"testimonial-entry-content\">\n \t\t\t\t\t\t\t<p>After the desired property has confirmed the reservation, it will enter the formal contracting process. When signing the sale and purchase agreement, both the buyer and the seller need to hire their respective lawyers. The lawyers will send the contract documents from Australia to the Hong Kong office of Changmei Australia Property. We will help you understand the contract terms and other details (such as delivery of the first installment, repossession of the property) And building inspection procedures), after completing the signing of various transaction documents, then send it back to the developer for you.<\/p>\t\t\t\t\t\t<\/div>\n                                        \n                                    <\/div>\n                <!-- \/testimonial-content -->\n            <\/div>\n        <\/li>\n            <\/ul>\n    <\/div>\n            <div class=\"tb_slider_loader\"><\/div>\n    <div  class=\"module clearfix themify_builder_slider_wrap module-testimonial-slider tb_hprx777  image-bubble   \">\n\t                <ul class=\"themify_builder_slider\"\n\t    data-id=\"tb_hprx777\"\n            data-visible=\"1\"\n            data-tab-visible=\"0\"\n            data-mob-visible=\"0\"\n            data-scroll=\"1\"\n            data-auto-scroll=\"off\"\n            data-speed=\"1\"\n            data-wrap=\"yes\"\n            data-arrow=\"yes\"\n            data-pagination=\"yes\"\n            data-effect=\"scroll\" \n            data-height=\"variable\"\n            data-pause-on-hover=\"resume\"\n            data-play-controller=\"no\"\n            data-horizontal=\"\"\n            >\n                        <li class=\"post\">\n            <div class=\"testimonial-item\" >\n                \t\n\n                \n                <div class=\"testimonial-content\">\n                                            <h3 class=\"testimonial-title\">Pay the first installment<\/h3>\n                                        \t\t\t\t\t\t<div class=\"testimonial-entry-content\">\n \t\t\t\t\t\t\t<p>Four to five weeks after signing the sale and purchase agreement, you will need to wire the first installment to the Solicitor Trust Account of the developer&#8217;s lawyer:<\/p>\n<p>&#8211;\u00a0 \u00a0 \u00a0 If you are an overseas person, the first installment is 20% of the property price;<br \/>&#8211;\u00a0 \u00a0 \u00a0 If you are an Australian permanent resident or citizen, the first installment is 10% of the property price<\/p>\t\t\t\t\t\t<\/div>\n                                        \n                                    <\/div>\n                <!-- \/testimonial-content -->\n            <\/div>\n        <\/li>\n            <\/ul>\n    <\/div>\n            <div class=\"tb_slider_loader\"><\/div>\n    <div  class=\"module clearfix themify_builder_slider_wrap module-testimonial-slider tb_7k7e820  image-bubble   \">\n\t                <ul class=\"themify_builder_slider\"\n\t    data-id=\"tb_7k7e820\"\n            data-visible=\"1\"\n            data-tab-visible=\"0\"\n            data-mob-visible=\"0\"\n            data-scroll=\"1\"\n            data-auto-scroll=\"off\"\n            data-speed=\"1\"\n            data-wrap=\"yes\"\n            data-arrow=\"yes\"\n            data-pagination=\"yes\"\n            data-effect=\"scroll\" \n            data-height=\"variable\"\n            data-pause-on-hover=\"resume\"\n            data-play-controller=\"no\"\n            data-horizontal=\"\"\n            >\n                        <li class=\"post\">\n            <div class=\"testimonial-item\" >\n                \t\n\n                \n                <div class=\"testimonial-content\">\n                                            <h3 class=\"testimonial-title\">Australian property purchase stamp duty<\/h3>\n                                        \t\t\t\t\t\t<div class=\"testimonial-entry-content\">\n \t\t\t\t\t\t\t<p>Given that various state governments have implemented different plans to stimulate the property market, the stamp duty on property purchases in Australia varies from state to state. Among the most popular cities for Hong Kong residents to buy property, Brisbane, the capital of Queensland, has the lowest stamp duty. If you are an Australian permanent resident or citizen, the stamp duty is only about 3.3% of the property price; if you are an overseas person, you need to pay an additional tax of about 7% of the property price.<\/p>\t\t\t\t\t\t<\/div>\n                                        \n                                    <\/div>\n                <!-- \/testimonial-content -->\n            <\/div>\n        <\/li>\n            <\/ul>\n    <\/div>\n            <div class=\"tb_slider_loader\"><\/div>\n    <div  class=\"module clearfix themify_builder_slider_wrap module-testimonial-slider tb_0fbk792  image-bubble   \">\n\t                <ul class=\"themify_builder_slider\"\n\t    data-id=\"tb_0fbk792\"\n            data-visible=\"1\"\n            data-tab-visible=\"0\"\n            data-mob-visible=\"0\"\n            data-scroll=\"1\"\n            data-auto-scroll=\"off\"\n            data-speed=\"1\"\n            data-wrap=\"yes\"\n            data-arrow=\"yes\"\n            data-pagination=\"yes\"\n            data-effect=\"scroll\" \n            data-height=\"variable\"\n            data-pause-on-hover=\"resume\"\n            data-play-controller=\"no\"\n            data-horizontal=\"\"\n            >\n                        <li class=\"post\">\n            <div class=\"testimonial-item\" >\n                \t\n\n                \n                <div class=\"testimonial-content\">\n                                            <h3 class=\"testimonial-title\">Building inspection and repossession<\/h3>\n                                        \t\t\t\t\t\t<div class=\"testimonial-entry-content\">\n \t\t\t\t\t\t\t<p>After confirming the successful payment of the first instalment, the final step of the purchase process in Australia: building inspection and repossession. Changmei Property Australia will entrust a third-party building inspection company to complete the building inspection procedures with a rigorous and professional attitude. Buyers will receive videos, photos and report documents of the on-site building inspection before receiving the building. After the developer receives the building inspection report, it will also perform omission work on the content mentioned in the report. The buyer must pay the mantissa and stamp duty within the deadline given by the developer.<\/p>\n<p>The Australian real estate market is booming. It is not difficult for Hong Kong people to buy Australian properties remotely. As long as there is a reliable intermediary who is familiar with local laws, they can select and purchase Australian properties simply and quickly. Changmei Australia Property Headquarters has more than 22 years of experience. It specializes in collecting high-quality properties in Brisbane, the capital of Queensland, for guests. The types of properties are diversified. It provides you with one-stop property investment, rental management, mortgage services, immigration and education, property tax declaration, etc. professional service. If you want to know more about the process of buying a property in Australia, please feel free to contact our property investment experts to realize your dream of buying a property in Australia.<\/p>\t\t\t\t\t\t<\/div>\n                                        \n                                    <\/div>\n                <!-- \/testimonial-content -->\n            <\/div>\n        <\/li>\n            <\/ul>\n    <\/div>\n        \t        <\/div>\n\t    \t<\/div>\n\t\t    <\/div>\n\t    <!-- \/row_inner -->\n\t<\/div>\n\t<!-- \/module_row -->\n\t\t<!-- module_row -->\n\t<div   class=\"themify_builder_row module_row clearfix module_row_4 themify_builder_3180_row module_row_3180-4 tb_1713641\">\n\t    \t    <div class=\"row_inner col_align_top\" >\n\t\t\t<div  class=\"module_column tb-column col6-1 first tb_3180_column module_column_0 module_column_3180-4-0 tb_3476641\">\n\t    \t    \t        <div class=\"tb-column-inner\">\n\t\t        <!-- module buttons -->\n    <div  class=\"module module-buttons tb_gg4d641 normal solid squared   tb-align-left\">\n\t        \t<div class=\"module-buttons\">\n                            <div class=\"module-buttons-item  buttons-horizontal\">\n\t\t    \t\t\t<a href=\"https:\/\/cheongmei.com.hk\/en\/privacy-policy\/\" class=\"ui builder_button blue\" >\n\t\t    \t\t    \t\t\t<span>Privacy Policy<\/span>\n\t\t    \t\t    \t\t\t<\/a>\n\t\t                    <\/div>\n                    <\/div>\n    <\/div>\n    <!-- \/module buttons -->\n\t        <\/div>\n\t    \t<\/div>\n\t\t<div  class=\"module_column tb-column col6-1 second tb_3180_column module_column_1 module_column_3180-4-1 tb_l0dx641\">\n\t    \t    \t        <div class=\"tb-column-inner\">\n\t\t        <!-- module buttons -->\n    <div  class=\"module module-buttons tb_q79e641 normal solid squared   tb-align-left\">\n\t        \t<div class=\"module-buttons\">\n                            <div class=\"module-buttons-item  buttons-horizontal\">\n\t\t    \t\t\t<a href=\"https:\/\/cheongmei.com.hk\/en\/disclaimer\/\" class=\"ui builder_button blue\" >\n\t\t    \t\t    \t\t\t<span>Disclaimer<\/span>\n\t\t    \t\t    \t\t\t<\/a>\n\t\t                    <\/div>\n                    <\/div>\n    <\/div>\n    <!-- \/module buttons -->\n\t        <\/div>\n\t    \t<\/div>\n\t\t<div  class=\"module_column tb-column col6-1 third tb_3180_column module_column_2 module_column_3180-4-2 tb_d0az641\">\n\t    \t    \t<\/div>\n\t\t<div  class=\"module_column tb-column col6-1 fourth tb_3180_column module_column_3 module_column_3180-4-3 tb_65bv641\">\n\t    \t    \t<\/div>\n\t\t<div  class=\"module_column tb-column col6-1 fifth tb_3180_column module_column_4 module_column_3180-4-4 tb_m1y3641\">\n\t    \t    \t<\/div>\n\t\t<div  class=\"module_column tb-column col6-1 last tb_3180_column module_column_5 module_column_3180-4-5 tb_n106641\">\n\t    \t    \t<\/div>\n\t\t    <\/div>\n\t    <!-- \/row_inner -->\n\t<\/div>\n\t<!-- \/module_row -->\n\t<\/div>\n\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>[rank_math_breadcrumb] \u3010New Beginners Must Read\u3011A comprehensive guide to the procedures for buying a house in Australia, mortgage, down payment and stamp duty Under the Covid-19, the local real estate market is booming thanks to Australia&#8217;s low interest rate and the government&#8217;s various measures to stimulate the property market. Among them, first-hand property prices have repeatedly [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":3174,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"builder_content":"[rank_math_breadcrumb]\n<a href=\"https:\/\/m.facebook.com\/Betty\u6fb3\u6d32\u53cb\u8da3Fun-1462498344069313\/\" rel=\"noopener\" target=\"_blank\"> <\/a> <a href=\"mailto: info@cheongmei.com.hk\" rel=\"noopener\" target=\"_blank\"> <\/a> <a href=\"https:\/\/www.youtube.com\/channel\/UCYw1aytbytvROtoufjPjAXQ\" rel=\"noopener\" target=\"_blank\"> <\/a> <a href=\"https:\/\/www.instagram.com\/bettyausfunshare\/\" rel=\"noopener\" target=\"_blank\"> <\/a>\n<img loading=\"lazy\" decoding=\"async\" width=\"785\" height=\"424\" src=\"https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_icon-eng.png\" alt=\"brisbane_icon-eng\" srcset=\"https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_icon-eng.png 785w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_icon-eng-300x162.png 300w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_icon-eng-768x415.png 768w\" sizes=\"(max-width: 785px) 100vw, 785px\" \/>\n<img loading=\"lazy\" decoding=\"async\" width=\"6747\" height=\"1688\" src=\"https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector.png\" alt=\"brisbane_vector\" srcset=\"https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector.png 6747w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector-300x75.png 300w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector-1024x256.png 1024w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector-768x192.png 768w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector-1536x384.png 1536w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector-2048x512.png 2048w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2020\/06\/brisbane_vector-1024x256-600x150.png 600w\" sizes=\"(max-width: 6747px) 100vw, 6747px\" \/>\n\u3010New Beginners Must Read\u3011A comprehensive guide to the procedures for buying a house in Australia, mortgage, down payment and stamp duty\n<img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1707\" src=\"https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2021\/11\/Property-in-Australia-new-scaled.jpg\" alt=\"\u6fb3\u6d32\u8cb7\u6a13\u7a0b\u5e8f\u3001\u6309\u63ed\u3001\u9996\u671f\u548c\u5370\u82b1\u7a05\u5168\u653b\u7565\" srcset=\"https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2021\/11\/Property-in-Australia-new-scaled.jpg 2560w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2021\/11\/Property-in-Australia-new-300x200.jpg 300w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2021\/11\/Property-in-Australia-new-1024x683.jpg 1024w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2021\/11\/Property-in-Australia-new-768x512.jpg 768w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2021\/11\/Property-in-Australia-new-1536x1024.jpg 1536w, https:\/\/cheongmei.com.hk\/wp-content\/uploads\/2021\/11\/Property-in-Australia-new-2048x1365.jpg 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\n<ul data-id=\"tb_sxsl577\" data-visible=\"1\" data-tab-visible=\"0\" data-mob-visible=\"0\" data-scroll=\"1\" data-auto-scroll=\"off\" data-speed=\"1\" data-wrap=\"yes\" data-arrow=\"yes\" data-pagination=\"yes\" data-effect=\"scroll\" data-height=\"variable\" data-pause-on-hover=\"resume\" data-play-controller=\"no\" data-horizontal=\"\" > <li> \n <p>Under the Covid-19, the local real estate market is booming thanks to Australia's low interest rate and the government's various measures to stimulate the property market. Among them, first-hand property prices have repeatedly hit new highs and have great potential for appreciation, making them a popular choice for Hong Kong people to invest in overseas properties. If you are new to overseas property buyers, or have never bought a property in Australia, you may wish to take a look at this comprehensive guide on Australian property purchase procedures, mortgages, down payment and stamp duty.<\/p> <\/li> <\/ul>\n<ul data-id=\"tb_5ios720\" data-visible=\"1\" data-tab-visible=\"0\" data-mob-visible=\"0\" data-scroll=\"1\" data-auto-scroll=\"off\" data-speed=\"1\" data-wrap=\"yes\" data-arrow=\"yes\" data-pagination=\"yes\" data-effect=\"scroll\" data-height=\"variable\" data-pause-on-hover=\"resume\" data-play-controller=\"no\" data-horizontal=\"\" > <li> \n <h3>The process of buying a property in Australia can be roughly divided into the following seven steps:<\/h3> <ol> <li>Choose your favorite area and type of property<\/li> <li>Know the right mortgage plan<\/li> <li>Pay the deposit (Holding Fee) to keep the unit<\/li> <li>Sign the sale and purchase agreement<\/li> <li>Pay the first installment<\/li> <li>Pay stamp duty on property purchases in Australia<br \/>Building inspection and repossession<\/li> <\/ol> <\/li> <\/ul>\n<ul data-id=\"tb_8dlf977\" data-visible=\"1\" data-tab-visible=\"0\" data-mob-visible=\"0\" data-scroll=\"1\" data-auto-scroll=\"off\" data-speed=\"1\" data-wrap=\"yes\" data-arrow=\"yes\" data-pagination=\"yes\" data-effect=\"scroll\" data-height=\"variable\" data-pause-on-hover=\"resume\" data-play-controller=\"no\" data-horizontal=\"\" > <li> \n <h3>Choose your favorite area and type of property<\/h3> <p>When choosing the property of your choice, it is recommended to consider carefully from multiple angles. The following are a few basic considerations.<\/p> <ul> <li>What identity should you use to buy a property: Are you a permanent resident of Australia (PR), a citizen (Citizen), or an overseas buyer (Overseas Buyer)?<\/li> <li>Type of property: Do you want to buy a flat, a garden villa or a detached house?<\/li> <li>Regional support: Is there good infrastructure, transportation, shopping facilities, school network and public security in the area?<\/li> <\/ul> <\/li> <\/ul>\n<ul data-id=\"tb_n0t8570\" data-visible=\"1\" data-tab-visible=\"0\" data-mob-visible=\"0\" data-scroll=\"1\" data-auto-scroll=\"off\" data-speed=\"1\" data-wrap=\"yes\" data-arrow=\"yes\" data-pagination=\"yes\" data-effect=\"scroll\" data-height=\"variable\" data-pause-on-hover=\"resume\" data-play-controller=\"no\" data-horizontal=\"\" > <li> \n <h3>Know the right mortgage plan<\/h3> <p>You can apply for a mortgage from a bank in Australia or Hong Kong. If you need to apply for a property mortgage, you must provide a valid income certificate to the bank, including submission of employer letter or employment contract, bank statement and other documents. Changmei Australia Property Investment Co., Ltd. has many years of experience in assisting clients to apply for mortgages, and can assist in processing applications from the Shanghai Council throughout the process and provide professional advice during the application period.<\/p> <\/li> <\/ul>\n<ul data-id=\"tb_vwer255\" data-visible=\"1\" data-tab-visible=\"0\" data-mob-visible=\"0\" data-scroll=\"1\" data-auto-scroll=\"off\" data-speed=\"1\" data-wrap=\"yes\" data-arrow=\"yes\" data-pagination=\"yes\" data-effect=\"scroll\" data-height=\"variable\" data-pause-on-hover=\"resume\" data-play-controller=\"no\" data-horizontal=\"\" > <li> \n <h3>Pay the deposit (Holding Fee) to keep the unit<\/h3> <p>After confirming your favorite property, you can pay a deposit to the property agent to keep the unit. The properties sold by Changmei Australia Property Investment Co., Ltd. are listed simultaneously with Brisbane, Australia. Therefore, after you pay the deposit, we can quickly reserve your favorite unit.<\/p> <\/li> <\/ul>\n<ul data-id=\"tb_tkap070\" data-visible=\"1\" data-tab-visible=\"0\" data-mob-visible=\"0\" data-scroll=\"1\" data-auto-scroll=\"off\" data-speed=\"1\" data-wrap=\"yes\" data-arrow=\"yes\" data-pagination=\"yes\" data-effect=\"scroll\" data-height=\"variable\" data-pause-on-hover=\"resume\" data-play-controller=\"no\" data-horizontal=\"\" > <li> \n <h3>Sign the sale and purchase agreement<\/h3> <p>After the desired property has confirmed the reservation, it will enter the formal contracting process. When signing the sale and purchase agreement, both the buyer and the seller need to hire their respective lawyers. The lawyers will send the contract documents from Australia to the Hong Kong office of Changmei Australia Property. We will help you understand the contract terms and other details (such as delivery of the first installment, repossession of the property) And building inspection procedures), after completing the signing of various transaction documents, then send it back to the developer for you.<\/p> <\/li> <\/ul>\n<ul data-id=\"tb_hprx777\" data-visible=\"1\" data-tab-visible=\"0\" data-mob-visible=\"0\" data-scroll=\"1\" data-auto-scroll=\"off\" data-speed=\"1\" data-wrap=\"yes\" data-arrow=\"yes\" data-pagination=\"yes\" data-effect=\"scroll\" data-height=\"variable\" data-pause-on-hover=\"resume\" data-play-controller=\"no\" data-horizontal=\"\" > <li> \n <h3>Pay the first installment<\/h3> <p>Four to five weeks after signing the sale and purchase agreement, you will need to wire the first installment to the Solicitor Trust Account of the developer's lawyer:<\/p> <p>-\u00a0 \u00a0 \u00a0 If you are an overseas person, the first installment is 20% of the property price;<br \/>-\u00a0 \u00a0 \u00a0 If you are an Australian permanent resident or citizen, the first installment is 10% of the property price<\/p> <\/li> <\/ul>\n<ul data-id=\"tb_7k7e820\" data-visible=\"1\" data-tab-visible=\"0\" data-mob-visible=\"0\" data-scroll=\"1\" data-auto-scroll=\"off\" data-speed=\"1\" data-wrap=\"yes\" data-arrow=\"yes\" data-pagination=\"yes\" data-effect=\"scroll\" data-height=\"variable\" data-pause-on-hover=\"resume\" data-play-controller=\"no\" data-horizontal=\"\" > <li> \n <h3>Australian property purchase stamp duty<\/h3> <p>Given that various state governments have implemented different plans to stimulate the property market, the stamp duty on property purchases in Australia varies from state to state. Among the most popular cities for Hong Kong residents to buy property, Brisbane, the capital of Queensland, has the lowest stamp duty. If you are an Australian permanent resident or citizen, the stamp duty is only about 3.3% of the property price; if you are an overseas person, you need to pay an additional tax of about 7% of the property price.<\/p> <\/li> <\/ul>\n<ul data-id=\"tb_0fbk792\" data-visible=\"1\" data-tab-visible=\"0\" data-mob-visible=\"0\" data-scroll=\"1\" data-auto-scroll=\"off\" data-speed=\"1\" data-wrap=\"yes\" data-arrow=\"yes\" data-pagination=\"yes\" data-effect=\"scroll\" data-height=\"variable\" data-pause-on-hover=\"resume\" data-play-controller=\"no\" data-horizontal=\"\" > <li> \n <h3>Building inspection and repossession<\/h3> <p>After confirming the successful payment of the first instalment, the final step of the purchase process in Australia: building inspection and repossession. Changmei Property Australia will entrust a third-party building inspection company to complete the building inspection procedures with a rigorous and professional attitude. Buyers will receive videos, photos and report documents of the on-site building inspection before receiving the building. After the developer receives the building inspection report, it will also perform omission work on the content mentioned in the report. The buyer must pay the mantissa and stamp duty within the deadline given by the developer.<\/p> <p>The Australian real estate market is booming. It is not difficult for Hong Kong people to buy Australian properties remotely. As long as there is a reliable intermediary who is familiar with local laws, they can select and purchase Australian properties simply and quickly. Changmei Australia Property Headquarters has more than 22 years of experience. It specializes in collecting high-quality properties in Brisbane, the capital of Queensland, for guests. The types of properties are diversified. It provides you with one-stop property investment, rental management, mortgage services, immigration and education, property tax declaration, etc. professional service. If you want to know more about the process of buying a property in Australia, please feel free to contact our property investment experts to realize your dream of buying a property in Australia.<\/p> <\/li> <\/ul>\n<a href=\"https:\/\/cheongmei.com.hk\/en\/privacy-policy\/\" > Privacy Policy <\/a>\n<a href=\"https:\/\/cheongmei.com.hk\/en\/disclaimer\/\" > Disclaimer <\/a>","_links":{"self":[{"href":"https:\/\/cheongmei.com.hk\/en\/wp-json\/wp\/v2\/pages\/3180"}],"collection":[{"href":"https:\/\/cheongmei.com.hk\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cheongmei.com.hk\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cheongmei.com.hk\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cheongmei.com.hk\/en\/wp-json\/wp\/v2\/comments?post=3180"}],"version-history":[{"count":19,"href":"https:\/\/cheongmei.com.hk\/en\/wp-json\/wp\/v2\/pages\/3180\/revisions"}],"predecessor-version":[{"id":8313,"href":"https:\/\/cheongmei.com.hk\/en\/wp-json\/wp\/v2\/pages\/3180\/revisions\/8313"}],"up":[{"embeddable":true,"href":"https:\/\/cheongmei.com.hk\/en\/wp-json\/wp\/v2\/pages\/3174"}],"wp:attachment":[{"href":"https:\/\/cheongmei.com.hk\/en\/wp-json\/wp\/v2\/media?parent=3180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}