Off-plan buyer's guide

Buying from a developer is a different journey to a resale transfer. Use this checklist before you pay a reservation deposit.

1. Step 1

   Confirm the seller is the developer

   NewProperties only lists developer stock. Check the verified badge, company registration and NHBRC number on the profile.

2. Step 2

   Understand the stage

   Pre-launch and launching stock is usually cheaper. Under construction carries a visible programme. Ready stock can transfer faster.

3. Step 3

   Read the building contract

   NHBRC enrolment, defect liability, penalty interest on late occupation, and what is included in the price (VAT, transfer, bond costs).

4. Step 4

   Bond timing

   Many banks issue a grant in principle off-plan and instruct closer to sectional title opening. Use the bond calculator as a first pass only.

5. Step 5

   Progress, not promises

   Ask for dated progress notes and a completion target. Developers on this site can publish updates on the listing.

6. Step 6

   Snag and occupation

   Budget for occupation interest, levies from transfer, and a snag list walk-through before you sign happy letters.

7. Step 7

   This is a public beta

   Enquiries go to the NewProperties desk. A developer is copied only once verified and confirmed. An enquiry is not a reservation — confirm pricing and availability before you commit.