I heard that only PR was allowed to buy the second hand property in Australia. How does the mortgage system work in Australia? How much should I save up for the first instalment of the mortgage?
According to my limited knowledge temporary resident also can but second hand property but required approval from relevant authority, my hubby had done a little research and said it is not too hard. How much saving depends on the value of the property you want to buy, it's best to have a chat with the mortgage bank to understand more.
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