G’day all,
Can a first home buyer use the first home buyers grant to purchase a block of land for investment?
Or do they have to be purchasing a house to live in?
Cheers
Wayne
Wayne Leech
*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your property for FREE (Private sellers only)Wayne,
It is for a home – not any sort of investment.
They can buy land and may apply for the FHOG when their home is built.
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985NODOC Loan – 65% Loan – No questions asked! 6.85% Rate!!
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
thanks Simon!
If a first home buyer did buy a block of land as their first piece of property, would they still get away with not having to pay stamp duty?
btw, did u get my email bout my other post?
cheers
Wayne
Wayne Leech
*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your property for FREE (Private sellers only)Wayne,
Replied to your email.
Not sure what your state’s requirements are for the stamp duty exemptions. Suggest you contact your Office of state revenue or siilar – the links are on my FHOG page at my website.
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985NODOC Loan – 65% Loan – No questions asked! 6.85% Rate!!
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
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