Real Estate in Melbourne at Barry Plant
English Ελληνικά Italiano 中文简体 Tiếng Việt 中文繁體 عربي
Translating...

News

Off plan sales continue to show strength
Barry Plant Preston  |  2 September 2017  |  Category: Market Update

Off plan sales continue to show strength

With the official arrival of Spring this week, it seems that the property market in the Preston and Northcote area is set for a busy 3-4 months ahead. However, whilst most market watchers are well aware of the strength of demand for established property of all types in recent months, what you may not be aware of is the level of activity in sales of property ‘off the plan’.

Regular readers may recall that around a month ago we posted about some of the strong results our team has achieved in selling brand new homes off the plan, i.e. before the properties have actually been built. Indeed, a few months ago we also posted an article on the BENEFITS OF BUYING OFF THE PLAN.

However, it has been interesting to see that the strong activity we reported in the past has continued unabated. In fact, in the past few weeks alone we have been able to achieve some outstanding off the plan results on new developments in Plenty Road, Kallista Court and Swallow Street in Preston.

Apart from the obvious stamp duty savings that many buyers are enjoying, including several first home buyers who have found they have increased budgets due to the financial benefits of buying off the plan, we are also seeing an increasing number of buyers responding positively to the opportunity to secure a property at today’s price, then being able to sit back and save additional funds while the property is being built.

Of course, a number of investors have been keen to secure the additional tax depreciation benefits that come with buying a brand-new rental property as well.

Remember, if you are curious about the opportunities that buying off the plan may offer, and would like to find out whether this popular option may suit your plans, don’t hesitate to give us a call on 9478 6344.

Cheers,

George Metax & Anthony Cardinale

Directors – Barry Plant Preston

Free appraisal
Free appraisal
Would you like to know what your property is worth?

Barry Plant can assist you.

Finance
Finance
Need help with Finance?

We'll help you start your next Chapter!

40 Retreat Road Newtown
Latest listings (sale)
3 1 2 2
40 Retreat Road
Newtown
SALE BY AUCTION
Contact Agent  
24 Stradling Rise Mernda
Latest listings (sale)
4 2 2 2
24 Stradling Rise
Mernda
SALE BY AUCTION
Contact Agent  
4 Basingstoke Road Rockbank
Latest listings (sale)
4 Basingstoke Road
Rockbank
For SALE
$395,000  
37 Coghlan Street Niddrie
Latest listings (sale)
3 2 1 3
37 Coghlan Street
Niddrie
SALE BY AUCTION
$1,000,000 - $1,100,000  
45 Carissa Road Brookfield
Latest listings (sale)
5 2 2 2
45 Carissa Road
Brookfield
For SALE
$519,000  
3/83 Stephenson Street South Kingsville
Latest listings (sale)
4 1 1 2
3/83 Stephenson Street
South Kingsville
For SALE
$690,000-$720,000  
24/110 Delbridge Drive Sydenham
Latest listings (sale)
2 1 1 1
24/110 Delbridge Drive
Sydenham
For SALE
$340,000  
6 Gilmore Grove Point Cook
Latest listings (sale)
4 2 2 2
6 Gilmore Grove
Point Cook
SALE BY AUCTION
Contact Agent  
9 Woomera Avenue Keysborough
Latest listings (sale)
3 1 2
9 Woomera Avenue
Keysborough
SALE BY AUCTION
Contact Agent  
50/21 Kingfisher Drive Doveton
Latest listings (sale)
2 1 1
50/21 Kingfisher Drive
Doveton
For SALE
$365,000 - $401,000  
Awards
Awards
Awards and recognition of Barry Plant in the industry and community.

View our awards >

BP TV
7A Alern Court, Nunawading
News update
We’re expanding our Sales Team
WE ARE OUR CURRENTLY HIRING SALES CONSULTANTS AND SALES PA’S. Real Estate Sales Consultants and Sale...
Open times
Open times
Want to know what properties are available for inspection?

View our open times here >

EXPAND VIEW
Back to top of Barry Plant Real Estate website
Change Language

Language translation provided by Google, translation may not be 100% accurate.