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Updated almost 4 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Jack Martin
  • New to Real Estate
  • Sydney, NSW
1
Votes |
3
Posts

Moving to Sydney from the US and want to buy right away

Jack Martin
  • New to Real Estate
  • Sydney, NSW
Posted

Due to Covid delaying my permanent residency visa, I've, very gratefully, been able to save up more than my goal for a down payment. When I'm finally granted to go to Australia, I'll will have saved up AUD60K for a home. Sydney is one of the most expensive cities to start out in. Do I have a shot at obtaining a mortgage my first year, assuming I'll also be working?

If I can't make it happen there, I plan on moving to Brisbane in the next two years when my visa allows me to move and would buy there. I'm pretty eager to buy and plan on having a room mate to hack the costs.

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