All Topics / Help Needed! / First Home Owners Grant

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  • Profile photo of investhutinvesthut
    Member
    @investhut
    Join Date: 2007
    Post Count: 73

    Hi All,

    I thought I had this cleared till i saw this
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    I have owned an investment home previously. Can I still be eligible for the grant?
    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 for a continuous period of at least six months.
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    I am single and not owned any property in Australia ever. If I buy an unit/house as an investment property in NSW and not live in it. 2-4 years later will I be eligible for First Home Owners Grant of $7000 and Stamp Duty Free Under 500 k in NSW.

    Thankyou

    InvestHut

    Profile photo of BezBez
    Participant
    @bez
    Join Date: 2006
    Post Count: 21

    I went to the bank last week and we talked about this…
    You are correct, You can still get your FHOG aslong as you havent lived in any of your investment propertys…

Viewing 2 posts - 1 through 2 (of 2 total)

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