Hi all
I currently live in Sydney and im looking to invest. Initially (and still not totally against the idea) i was looking at Sydney, however, i'm now looking at Perth. The reason being is that apartments are cheaper and rent is similar to what i would get in Sydney, therefore meaning i wouldn't have to add as much to the monthly repayments.
in Sydney, my understanding is that i wouldn't pay stamp duty as i would be a first home buyer. (i would live in it for 6 months before i would rent it out)
My question is, if i was to select Perth to buy a property, as a NSW resident, would i get any first home buyer benefits?
Thanks in advance.