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Comparison rates above are based on a home loan of $150,000 for 25 years. WARNING: The comparison rates are true for the example given only and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.

Important Information:

Any information provided does not constitute an offer of credit and are examples of what may be available to you based on the information available. It does not take into account any product features or any applicable fees. Lending criteria and the basis upon which we assess what you may be able to afford may change at any time without notice. For Fixed Rate home loans, break costs may be payable which can be significant if you change the whole or part of your fixed rate loan or where additional or early repayments are made during the fixed rate period.

All applications are subject to lender assessment and approval. Cashback offers may be provided by some lenders and may only be available for particular products, terms and conditions apply.

© 2025 Ello Lc Pty Ltd ACN 662 742 645. Australian Credit Representative Number 544008. Ello is a Credit Representative of QED Credit Services PTY LTD (Australian Credit Licence number 387856).

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Off the Plan Houses Melbourne: How To Find The Best Deals

4th June, 2023
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Ello
Cover image for Off the Plan Houses Melbourne: How To Find The Best Deals

If you're considering buying an off the plan house in Melbourne, you're in luck! Melbourne offers some of the best off the plan house deals in Australia, making it an attractive option for property buyers.

Purchasing an off the plan house allows you to enter the property market without having to pay the full price upfront and offers the advantage of avoiding the wait for a house to be built.

To find the best off the plan house deals in Melbourne, there are important factors to consider. Here are some tips to guide you through the process:


1. Research the Market:


Start by researching the current market conditions in Melbourne. Analyze the prices of similar properties in the area to gain insights into available deals and expected price ranges.


2. Look for Deals:


Once you have a good understanding of the market, actively search for off the plan houses that are being sold at a discount. Such opportunities may arise when developers aim to quickly sell the property or if the house requires minor repairs. Diligent searching can lead to discovering excellent deals.


3. Seek Professional Advice:


It's crucial to seek professional advice when buying an off the plan house. Consult with a mortgage broker or a real estate agent who can provide insights into available deals and expected prices. They can also offer guidance on financing options that best suit your needs.


4. Negotiate:


When you find a property of interest, it's time to negotiate. Aim to secure the best deal possible by negotiating the price and any additional terms and conditions. Professional advice becomes particularly valuable during this stage to ensure you navigate negotiations effectively.

These tips serve as a starting point to help you find the best off the plan house deals in Melbourne. It's essential to conduct thorough research and seek professional advice to make informed decisions and secure favorable terms.

At Ello Lending, we understand the complexities of buying an off the plan house and are here to support you. Our experienced mortgage brokers offer expert advice and guidance throughout the process, helping you secure the most suitable home loan for your needs.

If you have any questions or want more information about off the plan houses in Melbourne, please don't hesitate to contact us. Our friendly and knowledgeable mortgage brokers are ready to assist you and provide the necessary guidance to help you obtain your dream home.

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