1. The developer's and builder's track record
Look at what they have completed before, how those buildings have held up, and whether they finished on time.
2. Inclusions and finishes
Check exactly what's included: appliances, flooring, air conditioning, car parking and storage. Artist impressions sometimes show upgrades.
3. The sunset date
Your contract sets a date by which the property must be finished. Understand what happens if construction runs past it.
4. Deposit and finance
Know how much deposit is required, where it is held, and when the balance is due. Lending conditions can change before settlement, so speak to your broker early.
5. Independent advice
Have a solicitor review the contract before you sign, and a tax adviser if you're buying to invest. Buyers from overseas should also check foreign investment (FIRB) requirements.