WELCOME GUEST! JOIN FOR FREE
REMEMBER FORGOT PASSWORD  
     
WHERE
state, region, suburb or postcode
PROPERTY TYPE
YOUR PRICE RANGE
minimum
 maximum
BEDROOMS
minimum
maximum
BATHROOMS CARSPACES
minimum
 minimum
ONLY SHOW

Adelaide Off The Plan

Advantages of Buying Properties off the Plan Adelaide

Now is the time to get into the Adelaide Property market, but with so many options what is the best way to go? Below are some tips on off the plan investment in Adelaide

Strong affordability, significant medium-term growth and increased demand for inner city living are all major drawcards for buying properties off the plan in Adelaide. A key driver for buying investment property in Adelaide has been high demand, particularly properties located within 10km of the CBD, the inner city and coastal areas which are consistently star performers in an investor’s portfolio.

Here are six good reasons why you should consider buying a property off the plan in Adelaide and diversify your investment portfolio.

Attractive tax breaks

Tax incentives are a major incentive of buying a property off the plan in Adelaide. Any legitimate expense incurred in the running of your investment property such as body corporate fees, property management fees and landlord’s insurance are also tax deductible.

Off the plan apartments usually attract a higher rate of property tax allowances compared to other investment properties as owners may be eligible to claim depreciation allowances as well as building allowances. There are over 850 items that may be depreciable including air conditioners, carpet and light fittings and owners may be able to claim between 10-20% of the buildings value as depreciable plant, depending on the apartment’s specifications, furnishings and sale contract conditions.

Investors can write off 4 per cent building allowance on the construction costs for an off the plan property in Adelaide. We provide a depreciation schedule for our Adelaide investment properties where possible. You should always seek advice from a financial adviser or accountant before signing a contract when buying a property off the plan in Adelaide.

Potential for capital gains

Most off the plan properties come with a prolonged settlement while you wait for construction to be completed. During this time your Adelaide investment property may improve in market value. For some investors, buying a property off the plan in Adelaide may represent an opportunity for capital gain by securing a property at today’s prices and having ‘instant’ equity in the investment upon completion.

As the property market fluctuates, capital growth largely depends on where and what you buy. Historically real estate in Adelaide experiences steady growth over the longer term. With an off the plan investment here is also the option to resell your property before, during or after construction which gives you added flexibility.

Instant equity

With the prospect of instant equity, this is a major drawcard for shrewd property investors to buy properties off the plan in SA as the property appreciates in value over time. In simple terms, equity is the difference between what your investment is worth and how much you owe on it.

Thus, if you purchase a property off the plan in Adelaide for $500,000 which is then valued at $550,000 upon completion, you have essentially gained $50,000 in instant equity. Many astute investors would then go on to use this equity to help create wealth or potentially add another Adelaide investment property to their existing investment portfolio.

Saving a higher deposit

Generally with buying off the plan properties in Adelaide, you will be asked to pay a deposit to secure the property and the balance is due upon completion. This minimal hand over of money up front can be a major drawcard for investors looking to buy a new apartment in Adelaide.

It is possible to sell your right to the apartment before you’ve even paid your full settlement fee, though this is a short term plan and not one often advised in the longer term view of property investments.

Greater choice and flexibility

When buying off the plan, you may have a wider variety of choices when it comes to the properties floor plan depending on what stage the development is at when you have entered into the market. Your options may include several floor plan orientations, a balcony, courtyard, garden, additional parking or storage or a higher floor level.

Properties with better views, positioning and a superior floor plan can offer better potential for capital growth and may help to maximise rental yields.

Lower maintenance costs

A new property requires less maintenance as the building, fittings and furnishings are all brand new. A new property is not likely to require any large maintenance costs that may attract higher body corporate fees.

Off the plan properties often have more energy-efficient heating and cooling, better insulation, and have water saving fittings installed. All of these improve the overall running costs for either the tenant or the property investor.

The promise of instant equity, strong rental returns or gross yields and high capital growth could be a strong incentive for buying a property off the plan in Adelaide. It is important to do your research and due diligence to ensure you find a developer who is licensed and reputable. Employ a lawyer or conveyancer to look at the contract and make sure that you understand the fine print.

Find Investment Property has listings for some of the best off the plan properties currently available so start searching to find your next property deal and add an off the plan property in Adelaide to your investment portfolio.




Find Investment Property is the best property investment resource online and features the latest new apartments and off the plan investment properties. Whether you are looking to buy investment property or looking for the best property investment research, Find Investment Property has the real estate investment properties you need.