Information Disclosure & Residential ‘Off the Plan’ Sales Contracts

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Author(s)
Reid, Sacha
Wilson, Therese
Pocock, Melissa
Hsiao, Aaron
Caldera, Helessage
Roca, Eduardo
Liu, Benjamin
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2020
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Abstract

There is an increasing trend in development approvals for attached dwellings (i.e. apartments, units, townhouses and duplexes) compared to single-family homes in Australia, prompting property developers to capitalize on consumer desires for liveability and lifestyle. The increase in apartment development has also been perceived to address issues of housing affordability, with the Australian desire for home ownership still one of the highest in the world, despite the costs. However, there is a fundamental lack of understanding on what strata titling is among consumers. Strata titling enables individual titling of lots (e.g. apartments) as well as shared ownership of the property used in common (i.e. lobby, garages, driveways and gardens).

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© 2020 Consumer Policy Research Centre. The attached file is reproduced here in accordance with the copyright policy of the publisher. Please refer to the publisher’s website for further information.

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Urban and regional planning

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Reid, S; Wilson, T; Pocock, M; Hsiao, A; Caldera, H; Roca, E; Liu, B, Information Disclosure & Residential ‘Off the Plan’ Sales Contracts, 2020

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