Off the plan proves popular in Canberra
research

Off the plan proves popular in Canberra

By webmaster

More investors in Canberra are opting to purchase new residential units and apartments off the plan, according to Colliers International.

“Colliers International has seen significant presales of apartment developments in Kingston, Barton and the City with many Canberrans reaping the benefits of buying off the plan,” Colliers International director of residential project marketing, Derek Whitcombe said.

As Canberra’s values rise and confidence in the market continues, Mr Whitcombe believes off the plan sales will continue to be popular choice for investors, first home buyers and a large number empty nesters.

“They find buying off the plan suits them ideally because it can give them up to two years to get their home into the best possible state to go to the market and enables them to utilise capital growth in the value of their home whilst waiting for the construction of their new apartment,” he said.

promoted stories
Email:

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
SOLDIERS POINT 48.92%
2.
BLUE BAY 43.96%
3.
BERKELEY VALE 42.74%
4.
LEMON TREE PASSAGE 42.55%
5.
NORTH NARRABEEN 40.19%
Off the plan proves popular in Canberra
SPI logo