Welcome back to another episode of the 360 Money Matters Podcast!

In this episode, Billy and Andrew draw from real client experiences to expose the hidden financial risks of off-the-plan purchases that most buyers never consider until it's too late. From valuation gaps at settlement to developer insolvencies during COVID, they reveal why buying property you can't see yet might be one of the riskiest financial decisions you can make.

Discover what you need to know before signing that contract and committing to a property that won't exist for another two years.

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706

Episode Highlights

• Valuation gaps at settlement and what happens when banks won't lend

• Developer and builder insolvency risks (lessons from COVID)

• How lending conditions can change between signing and settlement

• Quality defects and contract fine print that protects builders, not buyers

• Hidden costs: strata fees, special levies, and owners corporation surprises

• Sunset clauses and how developers can cancel your contract for profit

• Limited capital growth in high-density apartment markets

• Why choosing the right builder matters as much as the property itself

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