Changes to buying a house on temp visa
 

The changes to people on temp visa e.g. 457 buying a house have been brought in today (they were reported Dec '08, but not legal until now). It is no longer a requirement to get FIRB approval if it is your only and main home.

See www.firb.gov.au for details.

This makes those wishing to buy at auction much easier also.

Re: Changes to buying a house on temp visa
 

Well that's stupid. What will happen to your house when you get evicted from the country after your temporary visa expires ?
It will work for stupid people I guess... When they are evicted the PR's will get some cheap housing off their auctions...

Re: Changes to buying a house on temp visa
 

I guess that you'll sell it, may be make a profit and not have been paying $2000+ a month as dead money in rent.

Re: Changes to buying a house on temp visa
 

I think the op was referring to people who move out on temp visas such as the SIR which convert to perm. visas after a required time, not people on holiday visas or students travelling around the country.

Re: Changes to buying a house on temp visa
 

Finally

Now I can transfer ownership to the wife:sneaky: (no stamp duty payable between husband and wife).