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Ok, if i can rephrase the original question then:
If someone is currently renting, would it be better to purchase their first property in NSW, so that they are eligible for First Home Plus – Exemption or Concession from Duty, (in addition to the FHOG), or begin with several cheaper positively geared investments interstate?
Cindy
So does that mean someone could purchase an investment property in NSW or elsewhere in Australia, but then still quality for the NSW FHOG later provided we can show documented proof of consistently residing elsewhere to the Office of State Revenue?
Previously I was also under the same impression as Jae …
Confirmed … here are two of the eligibility criterias on the OSR website:
* All applicants have not owned a residential property in any State or Territory of Australia before 1 July 2000
* All applicants have not owned on or after 1 July 2000 a residential property and occupied that property in any State or Territory of Australia
Cindy
