Saturday, November 8, 2014 2:40pm ET by  
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Iggy Azalea buys her new home from Selena Gomez

Australian rapper Iggy Azalea has purchased a new property from a fellow music star. 

The 'Fancy' Aussie and her Los Angeles Lakers basket player boyfriend Nick Young are set to move in together after buying Selena Gomez's former Californian home. 

The couple bought their new 6,630-square-foot house from Gomez for $3,495,000.  

Azalea and Young's abode boasts six bedrooms, nine bathrooms, a swimming pool, spa and sport court. 

Selena Gomez originally bought the property back in 2011 for $2,175,000 before renovating it. 

Iggy Azalea will be performing at the American Music Awards later this month on November 23 where she is nominated for Artist and Song of The Year. 

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Watch Iggy Azalea and her boyfriend Nick Young starring in a Forver 21 campaign ad below: