Buying Off the Plan Properties in Australia
Both Local and Non Residents investors mostly choose to purchase properties that are off the plan.
What are the Advantages of buying off the plan?
- It gives investors the chance to secure a property of the given prices with a 10% deposit with nothing else to pay until the completion. This means, you will have enough time to organise your finances.
- You pay depending on the current Market Value and usually within years the value of the property will increase.
- Mostly, buyers can customise the finishing property such as: the colours, carpet or timber flooring and many more.
- It is brand new and most people like the feeling of new property
- Building Guarantee – Properties that are newly built usually come with 7 years guarantee. (Interior building faults/ structural of the property)
- When purchasing properties for investment purposes, you may be able to claim on your tax for things such as fixtures and fittings.
Most off the plan properties take 12 – 36 months to complete.
Why is Australia the Best Place for Investment?
- 23 years of uninterrupted growth
Australia provides a safe, low risk environment in which to do business
- An innovative economy
Australia supports world-class, globally significant research and development opportunities
- Talented workforce
Australia’s labour force is among the most skilled and diverse in the world.
- Connected to Asia
Australia has deep, strong economic and cultural ties with the fast-growing Asia-Pacific region.
- Ease of doing business
Australia is one of the easiest places in the world to do business.