Understand the structure, deposit, key dates, conditions, sunset provisions and your rights if circumstances change.
New Build and Off-the-Plan Investing
INVESTOR RESOURCES
New Build and Off-the-Plan Investing
Understand the additional questions that arise when the property is being built, forms part of a new development or is purchased from plans.
Begin with a clear framework.
New-build and off-the-plan opportunities can involve staged payments, specifications, completion timing and contracts that differ from established-property purchases. Focus on the actual agreement, what will be delivered and how change is handled.
Check plans, dimensions, orientation, inclusions, finishes, common property and what marketing images do—and do not—represent.
Research the relevant developer, builder, approvals, construction pathway, settlement process and likely timing.
Questions to resolve before committing
01
What exactly is included?
Request the plans, specifications, schedules and contract documents that define the delivered property.
02
What can change?
Understand permitted variations to design, area, finishes, price, timing and shared facilities.
03
What happens before settlement?
Plan for finance reassessment, valuations, inspections, defects and the possibility that market conditions change.
04
Who should review it?
Use legal and finance professionals familiar with the relevant contract and state requirements.
Continue your research.
Common questions
Are artist impressions exact representations?
No. Read the plans, specifications and disclaimers to understand what is contractual.
Is completion timing guaranteed?
Construction and contract timing can be subject to conditions and change. Ask your legal adviser to explain the relevant provisions.
When should finance be reviewed?
Before exchange and again as settlement approaches, according to lender requirements and professional advice.
General information only. This page does not provide personal financial, legal, tax or investment advice. Property information, prices and availability can change. Verify the current position and obtain advice appropriate to your circumstances before making a commitment.
Ready to explore current opportunities?
Use the property search to build a shortlist, then verify the details and independent advice that matter to your decision.
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