All Topics / General Property / FHOG – CONFUSION

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  • Profile photo of qbnjuggernautqbnjuggernaut
    Member
    @qbnjuggernaut
    Join Date: 2004
    Post Count: 15

    Hi

    I have a question for anybody that has enquired into the FHOG (NSW) that may be of some assistance.

    First question:

    To access the current grant, is it true that if you have not owned a property before July 2000, you can access the current grant?  I did have access to the grant in AUG 2000, and i wish to purchase a new house(as a principle place of residence)  I am in the process of selling my current place of residence – i dont have any other properties.

    Would i qualify – i have checked the osr(nsw) website and it is confusing to read. PLEASE HELP!!!!

    any info would be of great assistance!!!!

    QBNJUGGERNAUT

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    If you have owned a PPOR (to which you have said yes) – then you do not get it.
    If you have previously recieved the grant (to which you have said yes) – then you do not get it.

    Profile photo of ducksterduckster
    Participant
    @duckster
    Join Date: 2004
    Post Count: 1,674

    Yes it is confusing this statement below is the cause.

    you or your spouse (including de facto spouse) have not resided in a residential property in Australia in which you acquired an interest, on or after 1 July 2000 for a continuous period of at least six months
    reference from
    http://www.osr.nsw.gov.au/benefits/first_home/faqs/fhogs/eligibility/

    If you have owned a PPOR (to which you have said yes) – then you do not get it. {scott's comment}

    if you resided in the property then it is seen as PPOR

    strangely if it had been an investment property after 1 july 2000 and you didn't get the grant then you have not resided in the property and are eligible for the grant.

    if you are like me and purchased the investment property before 1/7/2000 then you can't access the grant even though the next property would be your first PPOR house.

    Profile photo of qbnjuggernautqbnjuggernaut
    Member
    @qbnjuggernaut
    Join Date: 2004
    Post Count: 15

    Thanks everybody – your comments have been helpful, and i am sure that people will find your comments helpful!!!

    qbnjuggernaut

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