NSW heads the 88,000 temporary resident home ownership stats

Figures from Federal Treasury show there were 88,000 established homes owned by temporary residents as of March 2015.

There are concerns that people on temporary residency visas — who are entitled to buy established homes as long as they sell on leaving the country — have kept their properties as investments.

NSW accounts for 26% with Victoria constituting 25 per cent of those home approvals as temporary visa-holders.

Western Australia accounts for 22% of the established housing market for temporary residents, Fairfax Media report.

Queensland has 19% followed by South Australia with 4%, the ACT with 1.5%, Tasmania with 1.1% and Northern Territory with 0.2%.

Temporary residents are allowed to buy one established dwelling to live in, but are required to sell it when their visa expires or the property is no longer their primary residence.