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OTP = the sum of future expectations. It's got to be low enough to encourage people to purchase yet high enough so the developer makes a decent profit given the risk of delays, defaults etc. Given the current market people would pay a lot just to get into the market (plus the whole marketing...

I remember people were literally lining up to buy docklands apartments off the plan many years ago. So it's definitely risky but there are many others who have made a lot of money buying OTP. It depends on what the market is like. Currently (in Melbourne at least) it is definitely a seller's...

Off-the-plan can be a good investment. It's really no different from buying an existing house - you just have to research and buy well. however you do have the additional risks of the builder stuffing up/delaying the project. The real problem with OTP is you normally pay a premium for the...

If you're looking for a good 1 bedroom apartment you really need to look at South Yarra, Richmond, Prahran, Fitzroy etc. The question you have to ask is this - who is going to rent/buy this apartment from me? People who buy 1 bedroom apartments are predominantly young people, and that group...

Definitely not Docklands - as the place is a wind tunnel and doesn't really have any life in spite of all the development going on there. Why don't you try apartments in nearby suburbs like Carlton, Fitzroy etc? There's usually a glut of CBD apartments so it might be hard to get substantial...