It looks shiny, brand-new, and full of promise — but buying off-the-plan could be one of the riskiest moves a buyer can make. In this episode, Dion breaks down why most off-the-plan apartments don’t perform, what really drives value in property, and how government incentives can actually mask serious financial risks. You’ll learn: Why more than half of Melbourne’s apartments resell for a loss How developers “bake in” incentives to inflate prices The danger of buying something that doesn’t yet exist Why land is the only thing that truly drives long-term value The few rare cases when buying off-the-plan can still make sense If you’ve ever been tempted by a brand-new apartment with stamp duty savings, listen to this first — it could save you years of regret.