I am a recent immigrant and believe I am eligible for some government assistance when buying my first home.
At the moment I am renting, and I am happy living in rental accommodation for the foreseeable future.
My question is: Is there a way for me to invest in property in Australia without forgoing my future first-time buyers grant? I currently live in Torquay, Vic and there are several opportunities to invest in holiday accommodation and hotel rooms. Would investing in this kind of property mean I would not be eligible for the grant when the time came for me to buy my own home?
Thanks in advance for your replies
Pilkster.
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