How the election results will affect the new development market

How the election results will affect the new development market


How the election results will affect the new development market

The Coalition’s unexpected victory last month came as a welcome surprise for developers, who are already seeing a positive future for new and off-the-plan housing projects.
The Coalition has promised to keep negative gearing and capital gains tax policies that help investors.
There is suggestion that this outcome has reversed the negative sentiment that had crippled the new development market over the past few years.
The certainty in government should support investment in property enticing investors back into the off-the-plan market.

If you would like further information regarding off the plan purchases give us a call today. Blackwood and Belair Conveyancing 8278 8022