First home buyer question about location
Looking to buy a first home, however not near my current employment as I plan to relocate within 12 months of purchase.
I’ve been told that to be considered for first home buyers grants schemes etc I need to buy within „commutable distance” of current employment.
I’m looking at buying something 160 odd km away, in a location that I travel to most weekends.
My parents would live in the place temporarily until I move in.
Are there restrictions on where you can buy ?
Heck if I lived in NSW and wanted to buy in TAS and move there after purchase, is that feasible ?
Does that affect deposit amounts, MLI etc ?