OFF THE PLAN PROPERTY INVESTMENT

THE OFF THE PLAN REAL ESTATE MARKET IN VICTORIA

Most investment properties promoted by Unreal property are “off the plan”.

This is popular in Victoria as stamp duty on the transaction is assessed on the land value component at the time the sale was entered in to.

This can result in substantial savings in stamp duty-often ten’s of thousands for highly priced property.

To learn more about the Off the Plan property market in victoria. Click here.

Benefits of Off the plan purchases (compared to established homes )

Potential for Capital growth between date of contract and settlement.
More attractive to tenants: rent quicker for more.
Building warranties with no maintenances issues for 5 years.
New properties maximize depreciation allowances: assists with cashflow.

Benefits of Unreal Property

Unreal Property only lists property with good capital growth potential and strong rental appeal.
Despite good supply of off the plan property in the Southbank area of Melbourne, we do not generally recommend purchase in this area as capital growth potential is low.
Unreal Property only deals with developers who have a proven history of delivering projects in a timely and professional manner.
Unreal Property has never sold a property which has not has at least, valued to its purchase price at settlement.

The Cashback

The cashback is up to 2% of the purchase price of the property and varies with each development. The amount of the cashback will be clearly stated in each project we promote.

The cashback comes directly from Unreal Property and is not available from the developer, wholesaler or other parties involved in the transaction. It is simply paid out of the fee Unreal Property receives from the developer.

It is paid shortly after settlement. Please note investors will be required to provide either a Tax file number or an ABN to receive the cashback.

The price of the property is not inflated to cover the cashback. The price of the property is provided by the developer and is the same as the price quoted by other agents.

We guarantee the price of the property has not been inflated to cover the cost of the cashback. If you find it has and prove it to be so, we will forfeit our entire commission to the purchaser.