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You are yet to provide any logical reasoning to support your argument. I have no issue with people having different investment strategies, however people should at least provide some logical basis so that the original poster can make an informed decision. Talking about Amway and new BMWs...

This comes down to doing your own research and buying something that is priced well. If you have bought well, it will val up. The difference is that property generally appreciates, cars and most other items do not. The benefit of buying off the plan is that you have the opportunity for...

To clarify, I don't have a personal interest at all. I am professionaly conflicted as I should not comment on developments where I have acted for that party previously. I have moved firms and have not had anything to do with that developer for 6 months or more but still find it inappropriate to...

I'm a property lawyer that specialises in property development. Makes sense that I would have acted for a number of developers. I personally have an OTP unit under contract. I think that shows me putting my money where my mouth is with OTP purchases.

Newstead is a great suburb. You can be forgiven for getting the suburb wrong as the devleopment you have linked to is on the border of Newstead and Fortitude Valley. I am far too closely linked to the developer through my professional life so I won't make any further comment on the...

Why? I'm curious to know your reasoning.

So a cashflow positive house for $530k in Brisbane with good potential for CG? Sign me up. Whether to buy house and land or a unit is another topic and not the point I was making. My point relates to OTP unit vs established unit.

Exactly the same if as buying an established property. What would you prefer, two years of holding costs and no CG (ie established property with no growth) or no holding costs and no CG (ie OTP purchase with no growth)? What makes a 'better' property? Why is OTP inferior? Why? Units have...

Simple answer is because there are no holding costs for the 2+ years yet you still get the benefit of the capital growth.

Which development in the Fortitude Valley are you looking at? My view is that the Brisbane market is on the rise and as such, buying OTP is not a bad move at the moment assuming you are paying fair market value. As mentioned by RPI, finding the first tenant can be difficult following...