Can a 300 prospective marriage visa holder buy a house in Australia?

Yes. The strongest path is a joint application with your Australian (or eligible NZ) fiancé as joint tenants on your principal residence. That setup removes the FIRB requirement, removes the April 2025 dwelling restriction, and removes the foreign buyer stamp duty surcharge. Solo 300 applications are also possible but carry tighter LVR limits and a smaller lender panel.

How much deposit does a 300 visa holder need?

Joint applications with an Australian citizen or PR partner can borrow up to 95% LVR, so a 5% deposit plus fees is the practical floor. Solo 300 applications typically max out at 70–80% LVR, requiring a 20–30% deposit. Genuine savings, gifts, and overseas transfers with documentation are all acceptable.

Does a 300 visa holder need FIRB approval?

Generally yes — the 300 is a temporary visa under FIRB rules. The exception is when you buy jointly with your Australian citizen or PR partner as joint tenants in your principal place of residence. In that case the FIRB requirement is removed entirely, along with the April 2025 established dwelling restriction. FIRB application fees start at $14,700 for properties under $1 million.

What happens to my home loan when I move from a 300 to an 820 visa?

Nothing changes on the loan itself. Once you marry and lodge your 820 partner visa, your visa status updates but the existing mortgage continues unchanged. Many clients refinance at this stage to access sharper rates now that the lender has a longer track record on the loan and a clearer PR pathway.

Will I pay the foreign buyer stamp duty surcharge on a 300 visa?

Most states charge a 7–8% foreign buyer surcharge on top of standard stamp duty. ACT and the Northern Territory have no surcharge. Buying jointly with your Australian citizen or PR partner as joint tenants typically removes the surcharge entirely — a saving that can run to tens of thousands of dollars on a median-priced property.

Can I apply for the home loan jointly with my Australian fiancé?

Yes — and we recommend it for almost every 300 visa application. A joint application gives the lender the certainty of your partner’s Australian income and residency, which is what unlocks the higher LVR, the standard interest rates, and the FIRB and stamp duty exemptions. We structure the application to maximise borrowing capacity from both incomes.

MAP Home Loans > 300 Prospective Marriage Visa Home Loans | MAP Home Loans

Home Loans for 300 Prospective Marriage Visa Holders

Engaged to an Australian citizen, PR, or eligible NZ citizen
Buy jointly with your partner — removes FIRB and foreign buyer surcharge
Borrow up to 95% of the purchase price
Same interest rates as Australian buyers with a joint application
No cost, no obligation service

Free Home Loan Strategy Session

Call us:

International: