10 Tips for buying off the plan...
Before you sign on the dotted line, consider the top 10 issues related to this type of property purchase.
Buying apartments off-the-plan has become very popular with property investors throughout Australia over recent years.
For a relatively small deposit, they can secure an apartment and then look forward to future capital growth as the development is constructed.
In particular, property investors have been very active in the off-the-plan apartment markets in Sydney and Melbourne over the past three years because property prices in these two capital cities have been on an upward trajectory.
More recently, DEPRO has recorded greater activity by property investors in the off-the-plan markets in Brisbane and the Gold Coast because they believe property values in these areas may increase over the next two years.
Sourced from: www.whichinvestmentproperty.com.au