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Thanks guys Its a bugger. Yeah I thought so! I'm going to get a sponsership Visa in October for 4 years and this will hopefully help for the short term. You never know the rulings might change over this time period. Thanks for your help. Graham

Hi there, I have been in Australia for nearly 3 months now but I am a UK resident. I have been reading a reasonable amount about the Australian real estate system here and want to invest but have found one crucial problem. I have heard that I might only have the option of buying new properties...