• How using a Buyers Agent can help you avoid the pitfalls of buying off the plan

    Buying off the plan has become an appealing and realistic option for Australians looking to buy their first home. For many it’s the promise of a newly built home. Others like the fact that these houses are in newly-developed areas with plenty of potential for growth. It sounds too good to be true. Sometimes it is. 

    Many things can go wrong when you decide to buy off the plan. What you’re promised in the 3d-rendered imagery isn’t always what you get. There’s also been many horror stories associated with off the plan properties. Some never get finished when property developers fold. Other houses simply don’t get built to the high standards that they should be.

    Shocked homeowners have been appalled when they realise they’re new houses lack some of the basics. You may have seen these houses featured on news stories. Some end up having rooms with doors that don’t have enough space to open. Then there’s houses made with the cheapest and most unreliable materials available on the market. 

    What to look out for

    While the cost of your off the plan property may seem cheap. Don’t be too confident about the costs involved. This property type has a habit of revealing it’s true costs after you’ve already signed on the dotted line. Here are just some of the pitfalls to watch out for:

    Owners corporation fees

    The developer may create an Owners Corporation for your property and surrounding ones built at the same time. This locks you into a long term contract that requires paying exorbitant fees to help manage the complex. 

    A slow rise in value

    If you’re looking to turn your off the plan property into an investment property there’s a few things you need to consider. Apartments bought off the plan can take up to a staggering 7 years to reach the value of their original purchase price. So you may not be able to increase rent or make a profit out of selling it until at least ten years. 

    Low rental return

    It’s common for an off the plan property to be built at the same time as others that surround it. The downside is that all of these properties tend to be similar. When you’re looking to rent this property you’ll discover it’s hard to raise the rent because so many other properties around it may stay at the same low rental rate.

    Getting locked into an imbedded network

    Your developer may end up making your property part of an imbedded network. This may force your property and the ones around it to be locked in with the same utility suppliers. So your property could end up being stuck with higher than average utility costs. This setup also sees the developer receiving the difference between what the average household would pay and what you pay the utility supplier. 

    How a Buyer’s Agent can help

    We’re not saying all off the plan properties are bad options. We just wanted to point out the bad things that can happen when builders don’t deliver what’s promised in their marketing campaigns. But there are plenty of ways to safeguard yourself from the pitfalls of buying off the plan. One of the best ways to protect yourself is using the professional services of a Buyer’s Agent. 

    A Buyer’s Agent can help you find the perfect off the plan property. Are you looking for short or long term returns for your new property? A Buyer’s Agent can factor in all of your preferences like this. Another advantage is that a Buyer’s Agent can help you identify unique property options from a collection of new off the plan houses. It’s often the more unique properties that can increase in value before the others around it do.

    So before you consider buying off the plan, think about talking to the experts. Property professionals like Buyer’s Agents are usually experts in their chosen suburbs. They know how to identify a bargain and find properties that perfectly match your preferences. 

    Ready to buy off the plan? Learn more about the process by visiting

    Turning Dream Homes into Reality – The Power of Professional Pool plastering

    Meet Dean, a new homeowner whose dream turned into a daunting project when he discovered the true state of his inground swimming pool. Dean’s excitement about purchasing his dream home, nestled in the perfect neighborhood with its own inground swimming pool, quickly turned into apprehension as he realized the extent of plastering needed. Despite his […]

    Read More

    20 L-Shape Modular Kitchen Designs for Modern Indian Homes

    The L-shape modular kitchen designs has gained popularity in India for its space-saving efficiency and ergonomic design, making it a top choice in modern homes. This configuration optimizes corner spaces and allows for a seamless workflow, catering to the diverse cooking and socializing needs typical in Indian households. It provides multiple cooking zones, ample storage […]

    Read More

    Kitchen Island With Seating: 15 Design Ideas for Indian Interiors

    Kitchen island with seating truly serve as a family anchor in the home. They are more than just practical fixtures; the kitchen island with seating is the cornerstone of the family’s structure, fostering connection and unity. Its layout allows multiple people to move around the kitchen island with seating easily while working, enhancing spatial comfort […]

    Read More

    20 Summer Design Ideas for a Breezy and Bright Home

    As the summer sun beckons, it’s time to infuse your home with these fresh summer design ideas. These summer design tips will guide you through designing and decorating your home. Let’s devolve into these summer design tip ideas. 1. Enhancing Your Outdoor Patio Transform your outdoor space with summer design ideas where relaxation meets style. […]

    Read More

    Customize Your Storage: 15 Wardrobe Designs for Bedroom Spaces

    Wardrobes are an essential part of bedroom furniture, offering both functionality and style. In Indian homes, wardrobes need to cater to diverse needs, from storing traditional attire to maximizing space in compact rooms. When considering wardrobe design for bedroom spaces, it’s important to balance practicality with aesthetic appeal. This blog explores 15 wardrobe designs for […]

    Read More

    20 Kitchen Floor Ideas: Guide to Stunning Flooring Options

    Choosing from various kitchen floor ideas is a crucial decision that impacts both the functionality and aesthetics of the space. With various kitchen floor ideas options available, each material offers unique benefits and characteristics. From the timeless elegance of hardwood and the budget-friendly versatility of vinyl, to the durable practicality of ceramic tiles, understanding the […]

    Read More

    20 Kitchen Cabinets Design Style: Design Your Dream Kitchen

    Kitchen cabinets design are the hidden heroes of interior spaces, orchestrating a symphony of function and form. These adaptable pieces go beyond their practical foundations,. It becomes the canvas on which designers can sculpt the very spirit of a room. From the slick minimalism of a contemporary home to the warm, rustic appeal of a […]

    Read More

    Quartz Stone For Kitchen: 20 Expert Tips to Transform Your Cooking

    Quartz stone has rapidly become a favored material for kitchen countertops and surfaces due to its durability, aesthetic versatility, and low maintenance requirements. This engineered stone combines the best qualities of natural stone and modern technology, providing homeowners with a surface that’s both beautiful and practical. Whether you are designing a sleek, modern kitchen or […]

    Read More

    50 Magnificent Gate Design That Will Protect Your Home

    Gate Design is an important feature of any home. Numerous scopes for experimentation open up when delving into the design possibilities. Materials like wood and black steel are popular options in Indian homes. At the same time, designers also experiment with a combination of materials that suits their aesthetic. Buying mass-produced gate design has become […]

    Read More

    50 Wooden Door Design Ideas For Your Next Home

    Wooden Door Design is an essential feature of every Indian home. It comes in a wide range of colours and shapes that can also be customised. Wall-height doors are a trend in most modern homes, which create a welcoming aura to the home. At the same time, experimenting with the position of the door is […]

    Read More
  • The Importance of Drainage Planning

    How to get Blueprints of My House