When it comes to building your property portfolio, both off-the-plan and land and construction projects can get you to the same destination - but the paths are quite different.
The biggest difference lies in flexibility and funding.
With off-the-plan, the developer funds the build. You typically pay a deposit upfront, and settlement happens once construction is complete and occupancy permits are issued. It’s a simple, hands-off approach - but you’ll have limited say in design and layout. The floor plan and finishes are usually predetermined.
With land and construction, you call the shots. You choose your block of land - its size, location, and orientation - and work with your preferred builder to create a home that fits your vision. The trade-off? Payments happen progressively. As each stage of the build is completed - base, frame, lock-up, and final -the builder is paid accordingly.
Ultimately, off-the-plan offers convenience and lower upfront involvement, while land and construction gives you control and customisation. It’s about deciding what matters more: ease or flexibility.
