Off the plan

My Real Estate Mate summer reading series: Buying off the plan - the finished product

As crazy as it sounds, settling a new off the plan apartment requires you to be even more organised then when you purchased. It is an exciting time and you are well on your way to reap the advantages of apartment ownership, such as: Freedom and flexibility. Predictability and stability. Accumulating capital and equity. A quick recap: you have picked your apartment out with Apartment Register, signed the contract of sale and paid your 10% deposit...

My Real Estate Mate summer reading series: Buying off the plan: the nitty gritty

Calculator ready! In our third instalment of Apartment Register’s Summer Reading Series we will identify key investor considerations. You will often hear the term ‘vacancy rate’ which is a calculation based on tenanted dwelling within an area and is used as a tool to determine rental demand. A 3% vacancy rate is the point at which a market is set to be evenly balance between landlords and renters, that is equilibrium. Calculating an off the plan...

My Real Estate Mate summer reading series: Buying off the plan - the first move

Time is of essence ! Have you ever enquired for an apartment project on the Internet, only to discover by the time you speak to the real estate agent - or visit the display suite - the project is almost sold out? Apartment Register ensures our client’s receive first priority pick in new off the plan developments prior to public launch. Having said that, you need to be organised with a clearly defined apartment selection criteria and...

My Real Estate Mate summer reading series: Purchasing off the plan apartments

New off the plan apartments are increasingly becoming the first choice for first home buyers, owner occupier and investors. Buying off the plan property is very different to established property offering apartments to purchasers prior to construction commencing. Since launching the Apartment Register platform, My Real Estate Mate clients regularly ask us ‘how do I buy an apartment off the plan?’ So we thought it would be a good idea to guide you...