FHB here. Based on my reading it seems the general sentiment here is to avoid buying anything OTP due to the risks involved (usually build quality). This makes sense to me, but I'm wondering if it also applies to the more "luxury" developments that we're starting to see aimed at downsizers - are these likely to be any better in that regard? They're usually 3 levels max, between 10-30 dwellings, and most don't have over the top amenities like pool/gym (though they almost all have lifts). Most are apartment complexes but some are townhouses. Examples: Central Park Apartment at 2a Nyora Street, Malvern East - realestate.com.au Timeless Apartment at 555 Burke Road, Camberwell - realestate.com.au 23-27 Prince Edward Avenue, McKinnon, Vic 3204 134 McKinnon Road, McKinnon, Vic 3204 Despite their purchase prices being well out of FHB incentives territory (generally $800-900k for 2BR and $1.1-1.4M for 3BR), because they're OTP the dutiable value might actually fall within the $650-750k range to qualify for stamp duty concession (I need to research construction costs further to validate this - could be completely off the mark). OC fees seem to range from $2k-6k p.a. from what I've seen so far. My thinking is that if we could afford to do so, would it make sense to skip the FHB price bracket ($500-700k) and the locations that would restrict us to, and instead jump straight into the next level/upgrade of dwelling to make use of the OTP stamp duty incentives on offer, thus avoiding them further down the line? We'd primarily be looking at the property as a PPOR, but may be open to rentvesting if that made sense.