Buying a property before it is built, usually at a lower price.
Off-plan purchases let you lock in a price early and often pay in instalments as construction progresses. Developers use the payments to fund the build.
The trade-off is risk: delays, changes to the design, or a project that stalls. The developer’s track record and title matter as much as the price.
What to check
- Verify the developer’s title to the land and the Building plan approval.
- Visit projects the developer has already finished.
- Tie payments to construction milestones in the Contract of sale.
- Agree what happens to your money if the project is delayed or cancelled.
Related terms
General information about property in the FCT, not legal or tax advice. Rules, fees and processes change, so confirm the current position with AGIS, a lawyer or our team before you act.