A husband has to relocate for work while the rest of the family need to stay in Sydney for now. Can it work?
A husband has to relocate for work while the rest of the family need to stay in Sydney for now. Can they have two owner-occupied properties? This is the question being asked by a broker in need of some assistance. Here are the details:
- The husband of this couple is relocating to Grafton but they have a residential house here in Sydney.
- The two children are still studying in the university and one is now working full time as a nurse but still living with the family.
- If the husband buys a house in Grafton, he's being offered a no stamp duty deal.
- Can they own two owner-occupied properties between them? The wife and three children would live in Sydney while the husband would spend most of his time living at the property in Grafton – possibly also renting out a room or two.
