Foreign Resident Capital Gains Withholding (“FRCGW”) applies to the sale of residential property in Queensland by foreign residents, whereby a withholding tax of 12.5% is applied to the contract price of the property being sold.
Suburb Profiles
Surfers Paradise is a popular tourist destination and perfect for those night owls who are looking to party until the early hours of the morning. Surfers Paradise is the crown jewel of the Gold Coast, and its shores are lined with some of Australia’s tallest building, including Q1 Resort. Its beaches are famous for the golden sand and perfect waves.
Property Law
There are changes coming to property law in Queensland from 1 August 2025 with the introduction of new requirements upon the seller of property when it comes to what disclosure they must make to a potential buyer, and what documentation they must provide before a contract of sale is entered into.
Suburb Profiles
Helensvale is a well-connected suburb located on the northern end of the Gold Coast, with excellent public transport links to the coast’s beachside suburbs, as well as north to Brisbane. It is connected by the G:link Gold Coast Light Rail, as well as the train, and direct access to the M1 Motorway, so you can easily access the beaches or the city.
Suburb Profiles
Hope Island is one of the Gold Coast’s most exclusive suburbs. Home to an enclave of exclusive housing estates, such as Sanctuary Cove and Hope Island Resort, with several world class golf courses meandering in between.
