New versus Old

Buyers have become more discerning with the property market saturated with content on what to buy and not to buy. Investors who once had the capacity to buy on a small deposit are now required to have a considerable deposit to buy off the plan. When thinking about whether to invest in a new or old property, there are specific areas to consider. One key consideration is depreciation. Other important factors include: vacancy rate, current plans by developers, and capital growth of the area over a period of time.