Worst could be over for off-the-plan properties
Nila SweeneyReporter
After a sustained two-year slump, there are signs that demand for off-the-plan properties is returning, prompting some experts to declare that the worst is over for the sector.
Melbourne-based developer Lechte Corporation said 85 per cent of its eight-storey, 186-apartment development The Marker in West Melbourne had been sold before construction.
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Nila Sweeney writes on property from our Sydney newsroom. Email Nila at nila.sweeney@afr.com.au
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