Hi, we are a couple looking to invest in property. Neither of us have owned a house before. We realise that we won’t be able to claim the $7000 FHOG because we do not intend to live in the house. Our question is – will we be able to claim the FHOG next time when we purchase a house for our place of residence?
hi kagen, short answer is yes. Search for other threads on the topic, there was one a few weeks ago.
Thank you Dohicky, We have tried searching a few threads but couldn’t find it and also try using the search facility, but it seems to be broken.
Hi Kagen
Probably yes
The following is from the NSW OSR website at:
http://www.osr.nsw.gov.au/portal/page?_pageid=33,63440&_dad=portal&_schema=OSRPTLT“A person is not eligible if they or their spouse (including de facto spouse) has had a relevant interest in any residential property in Australia prior to 1 July 2000, whether they live in it or not.
However, a person may be eligible if they or their spouse (including de facto spouse) has only ever had a relevant interest in any residential property in Australia on or after 1 July 2000 and they have not resided in that property.”Cheers, Paul
Paul Dobson | Vendor Finance Institute
http://www.vendorfinanceinstitute.com.au
Email Me | Phone MeAn alternative way to finance your home.
Cheers Paul,
I wish the WA FHOG website was as informative as the NSW [blush2]
That is what we were looking for “I have owned an investment home previously. Can I still be eligible for the grant? “
By any chance would you know if WA is the same?
Exactly the same.
http://www.dtf.wa.gov.au/cms/osr_content.asp?id=379
Cheers,
Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
The following is from the NSW OSR website at:
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