A wise investment?

With the population of Australia growing at a rapid rate and demand for inner city living only increasing, apartments will continue to be a worthwhile investment as building up, not out is the most viable option to fill the demand. The fact is that apartments wouldn’t continue exist if they weren’t a wise investment.

Buying off the plan may also allow you to lock in a good price before construction has commenced as developers offer financial incentives. And because you purchase before construction, you can benefit from capital growth if your property increases in value over the construction period.

As an investor there are also other perks, such as Stamp Duty exemptions in some states and territories as well as claiming depreciation, fixtures, and fittings.

For more information or if you have any further questions, please contact us.

 

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