FurryBear Posted July 20, 2014 Report Share Posted July 20, 2014 Would I be allowed to buy land and build a house if I was on a 457 visa. If I could roughly how much would it cost to get a four bedroom steel frame house built? Quote Link to comment Share on other sites More sharing options...
Nic964 Posted July 20, 2014 Report Share Posted July 20, 2014 it depends if you could get a mortage on a 457 visa. Prices vary hugely. depends on location, spec etc. Currently a house and land package starts around $350K upwards. Obviously if you are building it yourself, then you'll save large amounts, but then you need to be qualified. really difficult to say. Nick Quote Link to comment Share on other sites More sharing options...
Daveakaginge Posted July 20, 2014 Report Share Posted July 20, 2014 Would I be allowed to buy land and build a house if I was on a 457 visa. If I could roughly how much would it cost to get a four bedroom steel frame house built? We are on a 457, and have a mortgage..... Quote Link to comment Share on other sites More sharing options...
verystormy Posted July 21, 2014 Report Share Posted July 21, 2014 Yes, you can build and get a mortgage. They may demand a higher deposit and you need foreign investment approval - though that is a formality. Not sure about steel framed and do check that the area you want to build permits them as some don't. There is a house building thread running in the realestate section. Quote Link to comment Share on other sites More sharing options...
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