Auctions are a popular medium for buying properties in Australia. In fact, many bank repossessed properties become available to the public through property auctions. But as with any home purchases in Australia, the government regulates the sale of homes through public auctions. People wanting to relocate to Australia may have an easier time procuring a home through an auction, whereas an investor may have more paperwork or obligations to meet in order to purchase through auction.  Australia typically requires that foreign buyers get approval of their purchase first by the review board and that any purchases made my foreign investors [...] Read more »