- PackerParticipant@packerJoin Date: 2010Post Count: 41
I am thinking of nuying some off the plan apartment in Melbourne at moment.
Has anyone dealt with 'Ninety Four Feet' before? Was it a successfull investment?find_another_slaveParticipant@find_another_slaveJoin Date: 2009Post Count: 25
There are many better options than off the plan. Beware inflated prices in Melbourne at the moment.Jamie MooreParticipant@jamie-mJoin Date: 2010Post Count: 5,069
They've just experienced 20% growth in one year. Off the plan can be quite effective when purchasing in a rising market. Not sure if this will be the case in Melb at present.
JamieJamie MooreParticipant@jamie-mJoin Date: 2010Post Count: 5,069PackerParticipant@packerJoin Date: 2010Post Count: 41find_another_slave wrote:There are many better options than off the plan. Beware inflated prices in Melbourne at the moment.
Thanks F.A.S I do understand that Melbourne is pretty hot at moment to be buying off the plan. I buy this with a long term plan in mind though, not looking for the cheap buy so that in a few years time when it is built I sell and make some quick money (If the market rises). I am really on the fence, I have bought off the plan before and it was a reall good investment, but it comes down to the developer and the uniqueness of the project.
Ninety four feet is A melbourne developer and I would like to know if anyone has dealt with them before or heard of anyone who has?