Buying Off the Plan - Do The Risks Outweigh the Rewards? | Owners Corporation Network

Buying Off the Plan - Do The Risks Outweigh the Rewards?

In August 2015 Sue Williams of the Sydney Morning Herald wrote the first of what was to be a series of articles graphically illustrating the dangers of buying off the plan.  When you buy off the plan, you accept the risk that you can't see the home or investment for which you are paying large sums of money, trusting that the reward is future delivery of a shiny new apartment that has increased in value.  But many off the plan purchasers, enticed by the glossy brochures are blissfully unaware of the various traps awaiting the unsuspecting.

Grab a cup of strong tea or coffee before reading the related articles below.  If you are still keen,

  1. read our short guide to a successful Off the Plan purchase, and
  2. Join OCN to benefit from its members' vast experience!

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