top of page

New Development vs Resale Property Investment – Which Is the Better Investment?

A real estate viewing

When it comes to property investment, one of the most common questions buyers ask is: New Development vs Resale Property Investment – which is the better investment?

Both options offer unique advantages, and the right choice ultimately depends on your financial goals, risk appetite, and long-term strategy. Whether you're a first-time buyer, seasoned investor, or looking at opportunities in sought-after areas like Haasendal Estate, understanding the pros and cons is essential.


Let’s break it down.


What is a New Development Property?

A new development property refers to a newly built home, often purchased directly from a developer. These homes are typically located in secure estates or newly established communities and may even be bought off-plan.

Pros of New Development Property Investment

Lower Maintenance Costs

Everything is brand new — from plumbing to roofing — which means fewer repairs and lower maintenance costs in the first few years.

Modern Design & Energy Efficiency

New developments often include contemporary finishes, open-plan layouts, solar geysers, energy-efficient lighting, and smart home features.

Developer Guarantees & Warranties

Most new builds include structural guarantees, offering peace of mind.

Transfer Duty Savings

In many cases, buyers only pay transfer fees and not transfer duty when purchasing directly from a developer — a significant upfront saving.

Strong Capital Growth Potential

Buying early in a development phase (like in Haasendal Estate) can mean purchasing at launch prices, with strong appreciation as the estate matures.

Cons of New Development Property Investment

Smaller Stand Sizes

New developments may offer more compact erven compared to older homes.

Limited Negotiation Room

Prices are often fixed by the developer.

Construction Delays (If Buying Off-Plan)

Completion timelines may shift.


What Is a Resale Property?

A resale property is a home that has had previous ownership. These homes are often in established neighborhoods with mature infrastructure.

Pros of Resale Property Investment

Established Area & Amenities

You know exactly what you're buying into — schools, shops, transport, and community are already in place.

Larger Stands & Mature Gardens

Older homes often offer more space and established landscaping.

 Immediate Availability

No waiting period for construction.

Negotiation Potential

Private sellers may be more open to negotiating on price.

Cons of Resale Property Investment

Higher Maintenance Costs

Older plumbing, roofing, or electrical systems may require upgrades.

Renovation Expenses

Modernizing kitchens and bathrooms can be costly.

Transfer Duty Payable

Unlike most new developments, resale properties require transfer duty, which increases upfront costs.

New Development vs Resale Property Investment

– A Direct Comparison

Factor

New Development

Resale Property

Maintenance

Low

Higher

Transfer Costs

Often No Transfer Duty

Transfer Duty Payable

Customization

Limited (unless early purchase)

Renovate as desired

Capital Growth

Strong in growing estates

Slower but stable

Availability

May require waiting

Immediate occupation

A Real Estate agent greeting his client

Why Haasendal Estate Is a Strong New Development Investment

When comparing New Development vs Resale Property Investment, location plays a crucial role.

Haasendal Estate has become one of the most attractive growth nodes in the Northern Suburbs due to:

  • Secure estate living

  • Proximity to Haasendal Gables Shopping Centre

  • Excellent schools nearby

  • Easy access to major routes

  • Modern architectural design

  • Strong demand from young professionals and families


Investing in a new development within Haasendal Estate offers buyers the opportunity to secure a modern home in a rapidly appreciating area. Early-phase buyers especially benefit from long-term capital growth as the estate continues to expand and mature.

For investors, this means:

  • Competitive rental demand

  • Attractive resale potential

  • Low initial maintenance risk


So, Which Is the Better Investment?

The answer depends on your goals.

Choose new development property investment if you:

  • Want lower upfront maintenance

  • Prefer modern finishes

  • Are focused on long-term capital appreciation

  • Want transfer duty savings

  • Are investing in a growth area like Haasendal Estate

Choose resale property investment if you:

  • Want immediate occupation

  • Prefer larger stands

  • Enjoy renovation projects

  • Want to negotiate purchase price


Final Thoughts on New Development vs Resale Property Investment

There is no one-size-fits-all answer when comparing New Development vs Resale Property Investment. However, in high-growth areas like Haasendal Estate, new developments are increasingly proving to be strong long-term investments due to modern appeal, buyer demand, and structured estate growth.

If you're considering investing and would like expert guidance on developments or resale opportunities in Haasendal Estate, our team is here to help you make the right move.


Comments


bottom of page