Off the plan sales vs 2022 Resales performance.
The data is in… We analysed 6 apartment complexes throughout inner Brisbane and compared the original off the plan developer sale to the most recent 2022 resale. Did many apartments make a loss despite the property boom? The results may surprise you…
The rules:
· A resale must be genuine (not a developer sale) sold through a local real estate agent with proper marketing between 1st January 2022 – 31st December 2022.
· The difference is calculated between the original developer sale and the 2022 resale.
· The complex must be built from 2015 and beyond.
· The developer sale must be from 2015 and beyond.
· The assessment is based on inner Brisbane high density apartment complexes.
Yes, you can make a profit from buying off the plan but you need to understand the difference between a good apartment and every other apartment. If you’re not sure how to do this; talk to us.