Off-the-plan apartment sales are making a comeback as booming markets improve prospects that buying at today’s prices will deliver a healthy capital gain by the project’s completion.
Agents in Brisbane, Perth and Melbourne claim OTP buyer demand is strong and growing as generous government concessions and the prospect of cheap money for the next few years fuel buyer confidence.
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Duncan Hughes is a Walkley award-winning personal finance reporter, based in our Melbourne newsroom. Connect with Duncan on Twitter. Email Duncan at duhughes@afr.com.au