Hi guys we are in the process of hopefully moving to Adelaide from the uk and was looking for some advise on buying a property in Oz. We are going on a state sponsership visa, and was hoping to rent for the first 6 months to a year and then buy. However a friend of my mother has told us she thought you could not buy a place until you have lived in Oz for 2 years, Is this true?
Also does anyone know how easy it is to get a mortgage in Oz, we would be looking at putting down about 50 thousand (uk pound) as a deposit and was looking at places around the 400 to 450 thousand Australia dollors. Thanks for you help. Andy and Jo