MPAC Service

Property & Development

From FIRB to keys in hand — every acquisition is feasibility-tested.

Property in Australia isn't just about buying a house. For foreign investors, it involves FIRB applications, stamp duty surcharges (up to 8% in Victoria), financing restrictions, and development regulations that change every budget cycle.

MPAC acts as your buyer's advocate — but with a strategic lens that goes beyond finding a property. We look at every acquisition through the filter of: Can this generate income? Can this support your family? Can the construction costs be incorporated into the purchase to create a cashflow asset?

The Hidden Costs Nobody Tells You About

Foreign buyers face a wall of costs: FIRB application fee ($14,700 for properties under $1M), foreign buyer stamp duty surcharge (8% in Victoria), land tax surcharge (4%), plus standard stamp duty. On a $900K property, government fees alone can exceed $120K. Many agents sell you the property but don't explain these costs upfront. You discover them when it's too late to negotiate or restructure.

The MPAC Property Strategy

FIRB Application & Compliance

We handle the entire FIRB process — application, supporting documentation, compliance requirements — so you can focus on finding the right property.

Knockdown-Rebuild Strategy

Buy an older property in a prime location, demolish, and build a multi-dwelling development. Construction costs are incorporated into the purchase, creating instant equity and multiple income streams.

Student Housing Model

Build properties designed to house international students — individual rooms with shared facilities. Melbourne's 1.1% vacancy rate and 24% projected rent surge by 2030 make this highly profitable.

Full Feasibility Before Commitment

Every property goes through our feasibility framework: purchase costs, construction costs, rental yield, capital growth projections, and tax implications — all before a dollar is committed.

The Detailed Process

No emotional buying. Every property is stress-tested across 12+ financial variables before a dollar is committed.

Gross & net rental yield modelling
Holding costs: council rates, water, insurance, strata levies
Land tax thresholds & negative gearing strategy
Depreciation schedules — Division 40 vs Division 43
Stamp duty calculation & concession eligibility
FIRB application fees ($14,700+) & vacancy fees for international buyers
Cash flow projections — Year 1 through Year 10

Real Scenarios

The Le Family — Knockdown-Rebuild Success

The Le family purchased a rundown 3-bedroom house in Clayton for $850K. The land was 650sqm in a university zone. MPAC structured a knockdown-rebuild: demolish the old house and build a 5-bedroom property with 3 separate student rooms, each with ensuite. Total build cost: $420K (incorporated into the financing structure). The family lives in the main section while three rooms generate $250/week each — $39,000 annual rental income. The property is now valued at $1.45M. Net equity created: $180K.

Mr. & Mrs. Dinh — FIRB First-Timers Buy Off-the-Plan in Box Hill

The Dinhs, based in Hanoi, had never purchased overseas property. They were terrified of the FIRB process and assumed foreign buyers couldn't get Australian bank loans. MPAC walked them through everything: FIRB application ($14,700 fee for their price range), the 8% foreign buyer stamp duty surcharge in Victoria, and — crucially — the fact that some developers pre-arrange FIRB approval for their projects. We found a new 3-bedroom apartment in Box Hill's central development corridor, 200m from Box Hill Central and the train station. Purchase price: $720K off-the-plan. The developer had bulk FIRB approval, saving the Dinhs 8 weeks of application time. MPAC connected them with a broker who secured 60% LVR financing through a foreign-buyer-friendly lender. Settlement is in 14 months, and the apartment's estimated rental yield is 4.8% — above the Melbourne median. Their daughter starts at Deakin University next year, and will live in the apartment.

Dr. Tran — Melbourne Apartment Portfolio for Passive Income

Dr. Tran is a dentist in Saigon who wanted to diversify out of Vietnamese dong into AUD-denominated assets. He wasn't ready to migrate — he wanted passive income that he could manage remotely. MPAC identified two apartments near Monash University (Clayton campus) in the $450K-$550K range. Both were existing dwellings with current tenants paying $420-$480/week — well above the area median due to proximity to the university and hospital precinct. MPAC handled FIRB applications for both properties, coordinated with a buyer's advocate for inspections, engaged a property manager for ongoing tenancy, and structured ownership through a newly established Australian company for tax efficiency. Net rental yield after all expenses: 4.2%. Dr. Tran receives monthly AUD income deposited into his Australian trust account, managed by MPAC. He visits Melbourne once a year on a Discovery Tour to review his portfolio and scout new opportunities.