BENEFITS OF BUYING

Whether you’re a first home buyer, owner or investor, buying off the plan has benefits for everyone. Some of these benefits include:

• The ability to buy a home at today’s price, which allows you to take advantage of capital gain in a growing property market when construction is completed
• Extra time to get your finances in order with only 10% of the amount required for the deposit, and settlement of the remaining amount only due once the property is built
• Additional choice within a large scale project to choose your ideal property from what’s available giving you more options than with an already existing home
• Investors benefiting from greater tax depreciation
• Strict energy efficiency requirements for newly built homes means you’ll save on electricity, water and gas bills compared to properties built in the past
• No initial ongoing maintenance or renovation required compared to an older property
• The Great Start Grant, a Queensland Government initiative providing first home owners with $15,000 towards buying a new house, unit or townhouse (valued at less than $750,000)