Foreign Buyers Banned from Purchasing Established Homes in Australia – Act Before April 1st!

March 11, 2025
By Jones Editorial Team
2 min read

A major government change is about to shut foreign buyers out of the Australian property market for at least two years.

From April 1st, 2025, foreign buyers will no longer be able to buy established properties—and the ban is expected to last until at least 2027, if not longer.

That’s just a few weeks away.

If you’re a foreign buyer looking to purchase in Perth, this is your last chance before restrictions lock you out for years.

What Does This Mean for Foreign Buyers?

  • As of April 1st, 2025, foreign buyers will be banned from purchasing established properties, for a minimum of two years.
  • This applies nationwide and may be extended beyond 2027.
  • Foreign buyers will still be able to purchase brand-new off-the-plan properties that meet FIRB (Foreign Investment Review Board) guidelines.

With only a couple of weeks left, demand for eligible properties is increasing fast.

We have a limited selection of brand-new, completed apartments that you can secure ahead of the ban, located in Como and Nedlands.

The below projects are both completing in March, with available apartments that can be purchased ahead of April 1st, 2025.

Modèle Residences, Como

  • 2 bedroom apartments (1 available) from $866k.
  • 3 bedroom penthouse (1 available) from $2.3m.
  • Completion due at the end of March 2025.
  • Move-ins estimated for April/May 2025

 

View Apartments

Melvista on Broadway, Nedlands

  • 2 bedroom apartments (2 available) from $1.65m.
  • 3 bedroom apartments (2 available) from $2.49m.
  • Completion due at the end of March 2025. 
  • Move-ins estimated for April/May 2025.

 

View Apartments

⏳ With just weeks left, the countdown is on.

We specialise in assisting foreign buyers and can guide you through the process to secure a property before it’s too late.

Explore the available apartments at Modèle and Melvista. 

Or contact us today to explore available properties and how you can secure a Perth apartment ahead of the April 1st ban. 

 

Disclaimer: This article is valid as at February 18, 2025 in accordance with www.ato.gov.au website. 

Written by

Jones Editorial Team
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Jeremy Wealleans
Mortgage Broker

Jeremy Wealleans brings more than 40 years of experience across banking, finance broking, business development and leadership.

Jeremy’s understanding of both lender and broker perspectives supports Jones clients across property development, investment and home ownership. By connecting the right people, building strategic partnerships and identifying practical finance pathways, Jeremy helps clients make informed decisions and move forward with greater confidence.

With a strong focus on relationships and long-term outcomes, Jeremy adds valuable finance expertise to Jones’ end-to-end approach to property.

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With 12 years working as an accountant for a Swiss manufacturing company – solutions for people, property and infrastructure protection, Christina brings a wealth of knowledge and precision to Jones Realty & Projects.

Her extensive background also includes accounting roles in construction, landscaping, glazing, and recruitment, where she honed her skills through navigating complex accounting standards.

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Emily is the friendly face and go-to problem solver you want in your corner. With a background that spans hospitality, client relations, and real estate support, she’s a natural at building genuine connections and making every step of the process straightforward.

Emily’s knack for connecting with clients means she doesn’t just get the job done—she makes the whole experience easy and enjoyable.

Fueled by a genuine love for property (and a good coffee!), she’s dedicated to making every step of your journey smooth, stress-free, and even a little fun. Whether it’s answering questions or anticipating your needs, Emily’s here to make sure you feel right at home with us.

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Brooke prides herself on outstanding interpersonal and communication skills, with a natural ability to connect with people.

She brings a diverse skillset, drawing from her experience across radio, health and cosmetics, hospitality, and transport.

As an Executive Producer in broadcasting, Brooke handled unique situations that taught her how to manage anything life decides to throw her way.

She loves a challenge and is passionate about real estate, always eager to learn as much as she can to help our clients achieve their property goals.

Simon Atkins
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Simon’s passion for property has driven him to invest, develop, and renovate for himself since 1996. Over the years, he’s built a substantial portfolio, learning valuable strategies through hands-on experience in the Perth market.

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Simon finds real satisfaction in seeing his clients achieve their goals and is always willing to go the extra mile to ensure they’re set up for success.

Annette Henshall
Property Partner

Annette’s career background has centered in and around property and property development. With a natural love for real estate and an enthusiastic, genuine nature she is inherently suited to the property industry. With over a decade’s worth of residential, project sales and property development experience.

Annette’s aim is to ensure every one of her clients are set on a firm path towards successful property ownership and investment using her knowledge of the local market, her exceptional attention to detail, high level of professional service and strong negotiation skills.

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Hayley Patrick
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Marketer Of The Year REIA Awards 2026 & REIWA Awards 2025

A decade in, and I still believe marketing is only as good as the results it delivers. As Marketing Director, I turn blank slates into sought-after addresses.

My approach is hands-on, strategic, and focused on the end game: make every campaign, asset, and customer touchpoint count. Brand strategies that reach the right market, campaigns that move the needle, tools that convert, and a relentless focus on measurable impact. Every off-the-plan project has a story.

My job? Make sure it’s the one buyers remember, and act on. Named REIWA’s 2025 Marketer of the Year and the 2026 REIA National Marketer of the Year — what drives me is the opportunity to keep raising the bar for off-the-plan marketing in WA.

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Nicole Jones
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Top 1% Salesperson REIWA Awards 2025

Nicole prides herself on providing incomparable customer service through a hands on, professional approach to ensure your biggest asset is in the best hands and that you’re a part of the process, every step of the way.

She has created and aligned herself with a strong network of business professionals and an overseas network with direct channels to China, Singapore and Hong Kong to create a complete solution for your real estate journey.

Her philosophy is there is no luck in real estate when finding the right solutions for you, regardless of your property needs. It is the direct result of a carefully planned and well executed process.

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As an award winning businessman and Realtor Steve provides Strategic Project Marketing and Project Sales feasibility solutions across many of Perth markets.

His business is built on dedication, communication, determination, knowledge & most all TRUST. His ability to cater and adapt to all of his clients needs is an essential asset he possesses.

Just as the Real Estate industry evolves to become more digital and cutting edge so does Steve. His knowledge of all forms of property and development across the landscape provides his clients with the knowledge and confidence of them reaching and exceeding their real estate expectations.