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Great results over the weekend , a 100% auction clearance rate with 6 properties sold at or prior to auction 

·         54 Menzies Road, Marsfield

·         34 Boronia Road, Epping

·        1/19 Herring Road, Marsfield  

·         8/37 Doomben Avenue, Eastwood

·         35/19 Taranto Road, Marsfield

If you are interested in buying or selling a property, don’t hesitate to contact us to see how we can help.

Buying off-the-plan has accumulated some bad reputation among buyers as it can been as an investment that has an unjustified amount of risk to it as well as not being able to inspect the property before purchasing it. However, there are still benefits from buying off the plan when well researched for those seeking more alternatives to own property.
1.    Saving on stamp duty
2.    Depreciation benefits: Get a full depreciation schedule from a quantity surveyor once you have settled your property. This will allow you to claim deductions for brand new fittings and fixtures.
3.    No need for repair or renovations
4.    Reduced power bills: New properties must meet energy efficiency requirements due to changes to the Australian Building Code. 
5.    Potential capital gains: Within such a competitive market, buying off-the-plan allows you to buy at the current price. This means your property may be worth more than what you originally paid for after construction is completed.
6.    Allows buyers to enter into the property market: Since only a 10% deposit is needed to secure the property it allows buyers to pay the balance of the purchase price at settlement when construction is completed.
We currently have an off-the-plan opportunity at 22-26 Essex Street Epping, for more information visit our website (http://tracyyap.com.au/1P6629/22-26-essex-street-epping) or feel free to contact Danny Yap at danny@tracyyap.com.au or 0406 338 088.

For more details see the link below.
http://www.realestate.com.au/advice/6-perks-buying-plan/