It is interesting to see how resales have gone for off-the-plan purchasers in Meriton's Soleil (501 Adelaide St, Brisbane). Some original buyers have profited, and some have lost. I am not convinced that the risk in buying off-the-plan, when you can't see the view or quality or feel of the apartment, is worth it, when it seems that there is a good chance that you can buy the same apartment when complete for less.
Apt 5304 - Sold off-the plan in June 2009 for $543,000, resold in June 2014 for the same price. This is a loss, because of stamp duty and agent's selling fees.
Apt 2403 - Sold off-the plan in August 2012 for $493,725, resold in April 2014 for $525,000.
Apt 5505 - Sold off-the plan in August 2009 for $669,240, resold in April 2014 for $600,000.
Apt 5604 - Sold off-the plan in November 11 for $586,000, resold in April 2014 for $565,000.
Apt 4404 - Sold off-the plan in April 2012 for $485,000, resold in April 2014 for $572,000.
Apt 4004 - Sold off-the plan in March 2009 for $502,000, resold in March 2014 for $570,000.
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