The importance of 10-year Latent Defects Insurance was not lost on first home buyers Mason Davis and his partner Chloe, who recently secured an apartment at Infinity Park in Norwest, which came with the sought-after insurance policy offered by Resilience Insurance.

The couple found it “hugely reassuring” compared to other new developments. It is the only project in the area offering a 10-year policy that protects purchasers from any structural or waterproofing defects for 10 years post-completion of the building.

[smartcode_project:default project_id=94408 project_image_fid=360032]

Developer Haitchin Group is approaching completion of the 290-apartment development.

Robert Tasevski, General Manager at Haitchin Group, says they are seeing buyers place a high value on certainty, certainty of build quality, certainty of delivery timeframes and certainty around what they’re buying into.

“Being able to offer a 10-year Latent Defects Insurance policy, alongside a project that is nearing completion, provides a level of reassurance that’s increasingly important for first-time purchasers.”

[smartcode_project:default project_id=94408 project_image_fid=360040]

Another key driver in Mason and Chloe’s purchase was the proximity to Norwest Metro, which they called a “game-changer” for living in Norwest.

“The extended Sydney Metro Line is a game-changer for the area, providing greater and faster connectivity from Norwest to the CBD,” Davis said. “The reduced commute times to the CBD and other major business hubs have made Norwest highly attractive from an investment perspective. People can now get to Sydney’s CBD in just over 30 minutes, which for those who rent or live here is important for work-life balance.”

[smartcode_project:default project_id=94408 project_image_fid=360002]

PRD Norwest Director David Inkster noted that several buyer types, what he describes as ‘investor-occupiers’ like Mason and Chloe, those who invest now and plan to live in the apartment in later years, have been securing apartments based on forecasts of capital growth in properties surrounding Metro stations.

“We’re seeing a growing cohort of buyers who are happy to invest now with the intention of living in the apartment later,” Inkster said. “The Metro has fundamentally changed how people view Norwest, reduced commute times and improved connectivity are driving stronger long-term confidence in the area.”

Recent research supports this view, with data indicating that apartments located along the North West Metro Line have outperformed comparable suburbs over the past decade. Improved transport connectivity has been a key driver, alongside population growth and increasing demand for higher-density housing near stations.

[smartcode_project:default project_id=94408 project_image_fid=360033]

Construction of the 290-unit development by Haitchin Group is approaching completion, and will welcome buyers in mid-2026.

When completed, <a href="https://www.apartments.com.au/new-apartments/infinity-park-residential-8-maitland-place-norwest-nsw-2153">Infinity Park</a> will comprise three residential buildings: the 25-storey Marque tower and two low-rise buildings, Alpha and Omega, delivering a mix of one-, two- and three-bedroom apartments and penthouses.

[smartcode_project:default project_id=94408 project_image_fid=360043]

The development also includes a seven-storey commercial building opposite the residential precinct, featuring strata commercial suites and a rooftop dining venue by chef Joshua Mason.

The residential precinct has been designed by Turner, with a focus on larger apartment formats and shared amenities intended to support long-term occupancy. A resort-style lagoon pool, extensive landscaping, rooftop gardens and communal spaces form the centre of the development, positioning Infinity Park as a lifestyle-led residential offering within Norwest’s evolving town centre.

[smartcode_project_cta:default project_id=94408]

Joel Robinson

Latent Defects Insurance and Sydney Metro drives buyers to Infinity Park, Norwest

The 10-year Latent Defects Insurance (LDI) policy, now one of the most important considerations on an off-the-plan apartment buyer’s checklist, has expanded its growing presence to another Sydney suburb.

Norwest-based developer Haitchin Group has secured the policy through Resilience Insurance for its recently launched Hornsby project, Habitat. The cover will protect the development’s 67 apartment owners against structural and waterproofing defects that may arise within the first 10 years after completion.

Located just 200 metres from Westfield Hornsby, Habitat will also include two retail tenancies and 15 commercial suites, creating additional opportunities for investors and owner-occupiers while contributing to the vibrancy of the surrounding precinct.

Read more: <a href="https://www.apartments.com.au/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">What is Latent Defects Insurance and is it bringing confidence to the off the plan apartment market?</a>

[smartcode_project:default project_id=6784 project_image_fid=360113]

PRD Norwest Director David Inkster, who is managing sales for Habitat, said today’s buyers are seeking certainty and quality above all else.

“Location, reliable delivery teams and confidence in the finished product are paramount,” Inkster said.

“Buyers want proximity to retail, transport and green space, and reassurance that both the developer and builder have proven track records.”

He added that initiatives such as Latent Defects Insurance are playing an increasingly important role in restoring confidence among both owner-occupiers and investors by mitigating concerns around major structural issues.

Read more: <a href="https://industry.apartments.com.au/updates/resilience-latent-defect-insurance-protection-runs-hot-in-new-south-wales">Resilience Latent Defect Insurance protection runs hot in New South Wales</a>

[smartcode_project:default project_id=6784 project_image_fid=199386]

The development team is pitching Hornsby as a "compelling investment destination", underpinned by strong fundamentals, excellent infrastructure connectivity and a resilient rental market.

With strong rail access, proximity to major retail and employment hubs, and sustained demand from professionals, downsizers and essential workers, Hornsby offers investors an attractive balance of affordability, yield stability and long-term capital growth potential.

Habitat is the first new-build residential development to come to the local market in more than seven years. The undersupply of new housing, particularly three-bedroom apartments, will likely see Habitat's apartments perform well into the future.

“Off-the-plan investors are showing renewed confidence, supported by improving economic conditions and a greater willingness to commit when the right product is offered in the right location," Inkster added.

“The off-the-plan apartment market in Sydney is not just surviving, it’s adapting and evolving in response to buyer needs, setting the stage for a promising revival.”

[smartcode_project:default project_id=6784 project_image_fid=360123]

Haitchin Group General Manager Rob Tasevski said the vision with Habitat is to deliver a residential address that combines world-class architecture with interiors meticulously designed for owner-occupiers and downsizers, while also offering a compelling proposition for investors seeking stability and long-term value.

“Our previous masterplanned community, Infinity Park, set a new benchmark in the Hills District. With Habitat, we are proud to deliver the first development in Hornsby to offer Latent Defects Insurance, providing purchasers with an additional layer of confidence and security.”

Two-bedroom apartments with a car space are priced from $845,000.

[smartcode_project_cta:default project_id=6784]

Hornsby becomes the latest suburb with new apartments backed by Resilience Insurance's 10-year Latent Defects Insurance policy

The first new apartment development in Gladesville to offer 10-year Latent Defects Insurance (LDI) protection is soon to welcome its residents.

Respected boutique developer Geron Property has partnered with the Gladesville RSL to deliver Jordan Hall Residences, named after the historic Jordan Hall building on Western Crescent, on the edge of the town centre.

The façade of the original 1938 building has been kept intact by the development team. The Inter-War Free Classical community venue is known for its Art Deco parapet, dual-tone brickwork, and decades of RSL Youth Club activity. The building once anchored the view down Jordan Street, and its façade will continue to do so as the hall becomes the architectural centrepiece of the new residential project.

Innovate Architects has designed a new structure that rises behind Jordan Hall, featuring 29 large-scale apartments that are setting new benchmarks in the suburb.

Local construction company Gauge is putting the finishing touches on the apartments, which are designed primarily for local downsizers. Each apartment features three bedrooms, kitchens with integrated Miele appliances, generous natural light through strategically placed windows, and private outdoor areas.

Beyond the private spaces, the project includes communal areas on the first and seventh levels, positioned to take advantage of Gladesville’s elevated outlook.

<img alt="Jordan Hall" data-entity-type="file" data-entity-uuid="f696a00e-e624-4af7-809c-e10cbf5fb051" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-04%20at%2012.17.43%E2%80%AFPM.png?VersionId=AwWxRbU92OMu0kMwFzaTbFO3qtwEr7go" />

Jordan Hall will be the first new apartment development in Gladesville with Latent Defects Insurance, a new insurance policy that gives peace of mind for off the plan buyers when it is secured by the builder or developer of the new building.

Offered by Resilience Insurance, LDI is a first-right insurance product that protects purchasers from structural or waterproofing defects within the first 10 years after completion. Geron Property's adoption of the policy aligns with broader industry movement toward more rigorous assurances and supports buyer expectations around long-term asset performance.

Geron Property, led by Tom Zarimis, is intending on taking out the policy on its next project, a luxury development on Cronulla's Gerrale Street.

Zarimis appointed&nbsp;Adobe Property Agents to sell Jordan Hall Residences. There are just a handful of apartments remaining.

Read more: <a href="https://www.apartments.com.au/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">What is Latent Defects Insurance and is it bringing confidence to the off the plan apartment market?</a>

Geron Property, Gladesville RSL, approach completion of Jordan Hall Residences, Gladesville's first new apartment building with Latent Defects Insurance

The sought-after Latent Defects Insurance policy, offering off the plan apartment buyers peace of mind for 10 years post-completion, has made its way to Sydney’s harbourside. Boutique developer <a href="https://www.apartments.com.au/developers/toohey-miller">Toohey Miller</a> has secured this insurance for its newly launched Elizabeth Bay development, <a href="https://www.apartments.com.au/new-apartments/barncleuth-square-elizabeth-bay-4-4a-barncleuth-square-elizabeth-bay-nsw-2011">Barncleuth</a>. This marks the developer’s second project in the area, following the success of No. 1 Onslow Place.

Latent Defects Insurance, offered by <a href="https://www.apartments.com.au/news/resilience-latent-defects-insurance">Resilience Insurance</a>, provides cover for structural or waterproofing defects in new apartment buildings. It is a policy that only the developer or builder can take out, not the apartment purchaser.

Located just&nbsp;off Macleay Street, one of Sydney’s most desirable high streets, Barncleuth offers a rare collection of only 10 residences. With just two per floor, each oversized floorplan has been designed by SJB specifically for the owner-occupier.

[smartcode_project:default project_id=140184 project_image_fid=356342]

The five-storey building captures views over Rushcutters Bay and Paddington, blending contemporary brickwork with the expressive silhouettes of its Art Deco neighbours.

Inside, the residences, designed by David Hicks, prioritise generous scale and enduring quality, with a mix of two- and three-bedroom layouts. Expansive terraces and cross-ventilated interiors maximise light and airflow, while sustainable features such as a green roof and locally sourced materials reflect SJB’s commitment to long-term liveability.

[smartcode_project:default project_id=140184 project_image_fid=356341]

Developer Toohey Miller, led by Nick Couloumbis, says the design aims to bring lasting quality to an area long celebrated for its apartment heritage.

"It's a stone's throw from the best restaurants in Sydney. Some people call it the Soho of Sydney," Couloumbis told Apartments.com.au when the project was approved.

[smartcode_project:default project_id=140184 project_image_fid=356337]

By securing <a href="https://www.apartments.com.au/news/resilience-latent-defects-insurance">Resilience Latent Defects Insurance</a>, Barncleuth joins a growing group of premium Sydney projects adopting the gold standard in building protection.&nbsp;

The cover, provided before construction begins, ensures any hidden structural or waterproofing defects are repaired immediately, without lengthy litigation or fault disputes.

Resilience Insurance CEO Corey Nugent said the product has been a catalyst for renewed confidence in the off the plan market.&nbsp;

“Ultimately what we’re trying to do is build better buildings consumers can trust. When buyers take possession, they have full insurance protection from day one, for 10 years,” Nugent explained.

Unlike traditional policies such as strata or construction insurance, Resilience LDI is a first-resort, strict liability policy, meaning repairs are covered immediately without needing to prove negligence. Coverage extends to foundations, load-bearing walls, and waterproofing, the elements most critical to long-term structural integrity.

Regarded construction firm Jasara has been appointed to deliver Barncleuth. They are forecasting an early 2027 completion.

[smartcode_project_cta:default project_id=140184]

Toohey Miller brings 10-year Latent Defects Insurance to Elizabeth Bay as Barncleuth apartments launch

Latent Defects Insurance (LDI) is rapidly becoming a must-have in the New South Wales new development market, with more developers than ever adopting the rigorous insurance policy that brings confidence to the market like no other.

While LDI has been long established in Europe and the Americas, it only entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover. It arrived against a backdrop of high-profile defects cases that had dented confidence in the apartment sector.

Latent Defects Insurance is secured by the developer and protects the building—and, more importantly, the apartments within it, from any structural or waterproofing defects that may arise within the first 10 years of the building's completion.

Resilience Insurance CEO Corey Nugent says developers have quickly realised its importance.

“The overarching feedback from prospective buyers in the new development space is that they have an inherent lack of confidence,” Nugent says. “That has been the number one factor in buyers transacting. Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product by taking out the insurance.”

Nugent says there has been a marked uptick in new projects with LDI in the last 12 months.

“There are now over 3,200 apartments in the pipeline that have, or will have, the Latent Defects Insurance policy. Developers understand the value it gives to buyers while also recognising that if they don’t offer it, others will—and that makes a competing development much more appealing to a buyer.”

Nugent says we are now seeing a real shift in the culture of development. The policy doesn’t just protect purchasers; it encourages better standards during construction because independent inspections are part of the process. “That’s the real long-term benefit.”

Builder-developers have been particularly active in driving adoption of the policy. Deicorp was among the earliest adopters, setting a precedent that many others have followed. Builder-developer DASCO has taken out LDI across its two new projects, Danks Street District in Waterloo and Senso in Epping.

[smartcode_project:default project_id=111820 project_image_fid=344699]

Fellow prolific builder-developer ALAND has taken out its first Latent Defects Insurance policy at The Walden, the newest apartment development in North Sydney. ALAND Founder Andrew Hrsto said offering the policy was a natural decision.

“We will be the first project in North Sydney to offer our purchasers the certainty this level of insurance brings,” Hrsto says.

[smartcode_project:default project_id=134323 project_image_fid=6384]

Newcastle builder-developer GWH has just taken out the policy at its newest development, ERA, one of the only new developments in the region with Latent Defects Insurance.

GWH Director Jonathan Craig said the policy is a “win for everyone.” “As a builder and developer, we take great pride in our work. Having third-party inspections throughout construction gives us confidence and delivers peace of mind for the buyer.”

[smartcode_project:default project_id=135096 project_image_fid=351104]

Longstanding, diversified developer Northland Group is offering the only LDI-insured apartments in Merrylands in Sydney’s growing west. Their under-construction Pitt Street development, Central Quarter, will comprise 194 apartments above a full new commercial and retail precinct.

Chris Williams, Operations Director at Home789, who is selling Central Quarter in conjunction with Stone Projects, says buyers are seeing LDI as both a value-add and protection.

“LDI is helping first home buyers and investors feel more confident, especially with all the negative publicity around off-the-plan apartments,” Williams says. He adds that buyers also appreciate the strict requirements and scheduled inspections throughout construction. “That adds another layer of credibility to the project and gives them extra confidence in the build quality.”

[smartcode_project:default project_id=5660 project_image_fid=1673]

Developments with LDI are subject to the Technical Inspection Service program, an independent third-party review process that monitors and evaluates a building’s design and construction. By integrating regular inspections and detailed assessments into every stage of construction, the TIS significantly reduces the likelihood of latent structural defects—issues that only become apparent after project completion.

Resilience Insurance is working with the NSW Government and expects Latent Defects Insurance to be mandatory by 2028.

“There are now over 3,200 apartments in the pipeline that have, or will have, the Latent Defects Insurance policy."

Resilience Latent Defect Insurance protection runs hot in New South Wales

Developers&nbsp;<a href="https://www.apartments.com.au/developers/equicentia">Equicentia</a>&nbsp;and Wingala Capital, have become the first in Manly to secure Resilience Insurance’s Latent Defects Insurance.

The duo has recently launched <a href="https://www.apartments.com.au/new-apartments/de-ville-manly-11-victoria-parade-manly-nsw-2095">De Ville</a>, an ode to the remnant heritage building that will be integrated into the final development. The&nbsp;new luxury project will be delivered on a long-dormant yet prime site at 9–11 Victoria Parade, positioned between East Esplanade and South Steyne.

<img alt="De Ville" data-entity-type="file" data-entity-uuid="b2639bb1-d72c-4f28-b4dc-33190655e147" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-12%20at%209.38.37%E2%80%AFAM.png?VersionId=orUAk2m2tTKAAasLvZg0IaGQyDaZcKYI" />

The site was originally earmarked for a 13-apartment scheme, but following its $23.5 million acquisition of the near-600 sqm parcel, the development team opted for a more refined approach, reducing the yield to just 12 two- and three-bedroom residences across a seven-level building.

Among them will be three full-floor penthouses boasting panoramic views across Manly Beach, North Harbour, and the city skyline. The apartments will sit above four ground-floor retail and commercial tenancies, designed to help activate Victoria Parade, an area long defined by its beachside character and interwar brick architecture.

<img alt="De Ville" data-entity-type="file" data-entity-uuid="d6922f4a-21fb-4a07-8e40-241d594c2538" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/int3.jpg?VersionId=7U1Qw79_YT3bOZKr7.H03JHOFm3QVYlE" />

Designed by <a href="https://www.apartments.com.au/architects/platform-architects">Platform Architects</a>, De Ville’s sculpted form takes cues from the ebb and flow of Manly’s dual waterfronts, the ocean to one side and the harbour to the other.&nbsp;

The architecture’s soft curvature and rhythmic vertical brickwork reflect the natural patterns of the tide, while a refined palette of Lohas brick, sandy render and glass detailing allows the building to harmonise with its coastal context.&nbsp; Cascading greenery and deep balconies bring texture and shadow to the facade, reinforcing the building’s connection to nature and the street.

Buyers have a choice of two different colour palettes, Taj Mahal and Brescia Green, each layering soft tones and organic finishes to capture the coastal light.

<img alt="De Ville" data-entity-type="file" data-entity-uuid="be78b114-88ed-4d33-a4ef-50e14d2f9064" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/int6a.jpg?VersionId=hBrZPvs1L2LwThSatcNMXTg0tltfEn4a" />

The development marks another significant milestone for the partnership between Ashwin Arumugam, Managing Director of Equicentia, and Christopher Howard, Managing Director of Wingala Capital, both former colleagues at Poly Developments &amp; Holdings, where they jointly led acquisitions and capital markets for one of China’s largest developers.

“As a Northern Beaches local for the past decade — and with my wife having lived here her whole life — it’s a genuine privilege to contribute to a community we deeply care about,"&nbsp;Howard says.

"This site has sat dormant for many years, and we’re proud to play a part in reactivating it in a way that respects and enhances the unique beauty of Manly."

Equicentia and Wingala have partnered with Monark Property Partners to deliver De Ville.

Tom Nadav, Director of Investments at Monark, said partnering with Equicentia &amp; Wingala Capital represents an exciting step in Monark’s east coast expansion strategy.

"Manly is a unique market, and collaborating with developers of this calibre underscores our focus on backing high-quality people with a clear vision. By leveraging the strength of strategic partnerships, Monark is providing the capital that enables outstanding projects like this to move from concept to reality.”

<img alt="Equicentia" data-entity-type="file" data-entity-uuid="6b6d253d-372d-4204-86d6-37cb8d56f7e4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-15%20at%207.27.18%E2%80%AFAM.png?VersionId=vzGFgOKEGLRuT_RulWT0N1YS6qDNKj8S" />

De Ville is the first development in Manly to fully protect its buyers with 10-year Latent Defects Insurance offered by Resilience Insurance.

The policy covers buyers for 10-years post-completion of the building, a first-resort cover again&nbsp;major structural or waterproofing defects.&nbsp;

Unlike traditional statutory warranties, which often require complex and lengthy claims processes, LDI ensures that if a covered defect arises, the insurer responds immediately - without the need to prove fault or pursue the builder or developer.

This new model of protection has been gaining traction among forward-thinking developers and financiers alike. For buyers, it offers tangible assurance of quality and accountability; for lenders and insurers, it reflects a measurable reduction in long-term risk.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">What is Latent Defects Insurance and is it bringing confidence to the off the plan apartment market?</a>

[smartcode_project_cta:default project_id=151559]

Equicentia and Wingala bring Manly its first apartment development with 10-year Latent Defects Insurance

Sun Property Group (SPG) has taken a major step to reinforce its commitment to consumer trust by securing Latent Defects Insurance (LDI) from Resilience Insurance for its nearly completed Willoughby development on Sydney’s Lower North Shore.

The boutique project, Aurora, comprising 12 apartments and a ground-floor commercial space, is one of few in the region to adopt the forward-thinking insurance model—offering a point of difference in a competitive market.

For Cameron Johnson, General Manager at Sun Property Group, the decision to adopt LDI was rooted in the company’s long-standing philosophy of maintaining a highly personalised relationship with its end users.

“We’ve always taken ownership over our product,” Johnson said. “Introducing LDI is not just about peace of mind for the buyer—it’s about raising the internal bar. It becomes the baseline for how we do things going forward.”

[smartcode_project:default project_id=109919 project_image_fid=205006]

While hundreds of developers and builders have taken out an LDI policy from Resilience Insurance, the insurance is still relatively new to Australia. Johnson says he sees significant future potential with LDI nationwide, with both&nbsp;regulatory and market frameworks starting to evolve to support its wider use in class two buildings.

“When we started the Willoughby project, LDI was still just a concept being floated by the Building Commissioner’s office," Johnson says.

"Delays in the construction timeline gave us the unique opportunity to adopt it as the product became more available in late 2023."

That timing aligned with a shift in construction contractors on the project, which opened the door for a more collaborative and considered implementation of the insurance. According to Johnson, Resilience Insurance was proactive and solution-oriented.

“It wasn’t just about us buying a product off the shelf. It was a dialogue—how can we work together to deliver something that meets both of our needs?” he added.

[smartcode_project:default project_id=109919 project_image_fid=5717]

LDI covers major structural defects for up to 10 years post-completion and offers an alternative to the traditional developer bond held under the Department of Fair Trading’s scheme. SPG prudently factor in a two per cent cost profile for such measures into its feasibility, treating it as “business as usual.”

“What LDI does is show the consumer that we’re front-ending our responsibilities—design, delivery, documentation, execution. That whole chain of custody is assessed and independently reviewed throughout construction. It’s a rubber stamp on quality,” Johnson said.

In a region where no other nearby developments currently carry LDI, the move also creates a market differentiator. While some projects may carry an iCIRT rating, few offer the depth of protection and oversight that LDI provides, especially outside of publicly listed organisations.

Aurora is being brought to market by Henry Burke of McGrath Projects. With the recent cut in interest rates Burke expects that many first home buyers and investors will jump at the chance to buy in Aurora due to its convenient location, fantastic retail amenity, picturesque parks with leafy walks, and excellent transport connections with only one stop to Sydney CBD. He expects a local owner-occupier to secure the standout penthouse which offers 175 sqm of internal space and further 200 sqm of outdoor space.

[smartcode_project:default project_id=109919 project_image_fid=205010]

Johnson says Aurora residents will not only benefit from the first right insurance policy, which means action is taken immediately rather than often long and complicated battles as developers and builders point fingers at each other as to who created the issue, but from how it can benefit the strata communities of the building.

Many buyers, especially first-time apartment owners, have limited understanding of shared infrastructure or the responsibilities of Owners Corporations. LDI adds an important layer of education, structure, and protection.

“People want to move in and enjoy what they’ve bought. But when things go wrong, that’s when emotions and stress levels rise. The insurance policy gives owners a clearer path to resolution—an assured, regulated compensation process. It also helps equip owners and managers with the knowledge they need to maintain the building properly.”

The insurance includes tools such as service penetration matrices and access documentation—going far beyond standard build drawings. Johnson says it’s about delivering not just a home, but a sustainable, manageable asset.

[smartcode_project:default project_id=109919 project_image_fid=343670]

Sun Property Group continues to build on its strong track record across Sydney’s Lower North Shore, with an upcoming major development of its Bowen Street, Chatswood landholdings and additional projects underway in Melbourne. The team recently completed its debut Melbourne apartment project, The Brookville in Toorak, showcasing their commitment to delivering high-quality, design-led communities.

In a region where no other nearby developments currently carry LDI, the move also creates a market differentiator

Sun Property Group approaches completion of Willoughby's first apartment development with 10-year Latent Defects Insurance

Autobiography is the latest builder-developer to take out the sought-after 10-year Latent Defects Insurance policy from Resilience Insurance.

Autobiography has locked in the new insurance, that covers off the plan apartment buyers for any structural or waterproofing defects in a building for 10 years post-completion of the development, in their newest apartment project in Wickham, on the fringe of Newcastle.

The development, Autobiography at Wickham, will bring 150 one-, two-, and three-bedroom apartments to Railway Lane, a stone's throw from the Newcastle Interchange and the Honeysuckle Drive retail and dining precinct.

It is one of just two multi-residential developments on the market in the Newcastle region to have the Latent Defects Insurance policy, the other being Third.i's Dairy Farmers projects.

Unlike traditional warranties, LDI covers apartment owners from day one, protecting against structural defects including cracks, water ingress, and other latent construction issues that may arise over the life of the building.&nbsp;

The policy is taken out by the developer prior to construction and applies across the entire building and its individual units. This ensures owners have direct recourse without needing to initiate costly or lengthy litigation processes.

“When buyers take possession, they have full insurance protection, from day one, for 10 years,” said Resilience Insurance CEO Corey Nugent.

&nbsp;

<img alt="Autobiography @ Wickham" data-entity-type="file" data-entity-uuid="1f1d77f5-7c8a-47ff-af60-a882f6e1bddf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/67eac37caf8a09978ce70a3a_URBANA%20PLAN%2073-79%20RAILWAY%20LANE%20WICKHAM_HERO%202.jpg?VersionId=Jvam7sJ4VDGHH1A4pK9NRo8REKrLgkrI" />

Designed by Urbanacorp in collaboration with architect <a href="https://www.apartments.com.au/architects/nick-lycenko-architect">Nicholas Lycenko</a> and <a href="https://www.apartments.com.au/landscape-architect/paul-scrivener">Paul Scrivener Landscape Design</a>, Autobiography at Wickham is purpose-built for the inner-city lifestyle.

It will feature a suite of&nbsp;resident-only amenities, including a fully equipped gym, yoga and Pilates studio, wellness centre, in-ground swimming pool, landscaped BBQ areas, a children’s playground, and a series of communal indoor-outdoor spaces. Practical additions such as EV charging stations and extra car parking options further reflect the project’s future-oriented approach.

<img alt="Autobiography @ Wickham" data-entity-type="file" data-entity-uuid="8f77a069-3f9a-4665-8a3a-e84ce7fe9d48" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/67eac36c08e716d1bbd0be5e_URBANA%20PLAN%2073-79%20RAILWAY%20LANE%20WICKHAM_HERO%201.jpg?VersionId=fZLLVPmOmounYhHL9ZSeDfRo4UKvTit8" />

Autobiography Wickham is one of several projects currently being undertaken by the developer.

They have Autobiography at The Belrose Collection, and Autobiography at Broadmeadow. In 2022 they completed Autobiography at Adamstown, 40 apartments above four commercial spaces.

Autobiography makes confident Wickham debut with 10-year LDI-backed apartments

The Victorian Government has passed legislation creating a developer-paid Strata Building Bond establishing much needed first level consumer protections for purchasers of new apartments in the state.&nbsp;

Aligned to that legislation the government is progressing new regulation to allow developers to insure those new apartment projects with a 10-year Latent Defects Insurance (LDI) policy, <a href="https://www.apartments.com.au/news/resilience-latent-defects-insurance">Resilience LDI</a>, instead of the traditional Strata Building Bond.

The move is part of a broader strategy to stimulate both supply and demand in the new apartment market. Recent government initiatives include removing stamp duty on new apartments until October 2026 and encouraging increased housing density around 50 key train and tram corridors.

This latest insurance reform is expected to boost buyer confidence in a market that has seen sluggish demand in recent years.

Read more: <a href="https://www.apartments.com.au/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">What is Latent Defects Insurance and is it bringing confidence to the off the plan apartment market?</a>

Resilience Insurance was the first provider to offer Latent Defects Insurance in Australia, with Sydney developers such as Deicorp, Urban Property Group, and <a href="https://www.urban.com.au/developers/northland-group">Northland Group</a> already taking up the policy.

Corey Nugent, CEO of Resilience Insurance, says the new legislation is a significant step toward rebuilding trust in Victoria’s off the plan property market.

“We work in an industry where buyers are cautious about purchasing off the plan,” Nugent says. “As a country, we need people to feel confident in that buying process. Having a Resilience LDI on a building gives those buyers absolute peace of mind when transacting.”

Nugent says as construction standards and buyer expectations continue to rise, Resilience LDI is becoming a crucial part of the insurance landscape.&nbsp;

“Builders, developers, and property owners need to recognise its unique role in safeguarding against long-term risks. It is not a replacement for other insurances, but a necessary addition that fills critical gaps in coverage.”

Read more:&nbsp;<a href="https://www.apartments.com.au/expert-insights/strata-insurance-vs-latent-defects-insurance-closing-the-coverage-gaps-for-property-stakeholders">Strata Insurance vs Latent Defects Insurance: Closing the coverage gaps for property stakeholders</a>

Resilience has been working closely with the Victorian Government over the past 12 months to help establish a workable framework for the policy’s adoption.

Victoria’s Strata Building Bond scheme, which operates similarly to the same program in NSW, introduced in 2017, requires developers of apartment buildings with four or more storeys to provide a bond equal to two per cent of the total contract price. This bond, held by the Building and Plumbing Commission, is intended to cover the cost of fixing defects found in common areas within a set timeframe after completion.

However, one of the key criticisms of the bond scheme is that it only covers common property—not private areas or structural defects. It also doesn’t address issues related to faulty materials, design, or workmanship.

Latent Defects Insurance, typically costing between 1 and 1.5 per cent of a development’s total build cost, offers far broader protection. As a “first right” policy, it serves as the primary source of financial coverage in the event of structural issues. LDI covers the cost of repairing or replacing components damaged due to defects in design, materials, or workmanship, with a 10-year coverage period beginning from the date of the Occupancy Certificate.

The New South Wales Government has also thrown its support behind Latent Defects Insurance and is expected to announce it will become mandatory in 2028.

Resilience has been working closely with the Victorian Government over the past 12 months to help establish a workable framework for the policy’s adoption.

VIC Government introduces Latent Defects Insurance as alternative to Strata Building Bond

Longstanding Sydney developer <a href="/developers/northland">Northland Group</a> has delivered two of the most confidence-boosting signals in the off-the-plan property market: launching their new development well after construction is underway, and securing Resilience Insurance’s 10-year Latent Defects Insurance.

Their latest project, Central Quarter in Merrylands, is already well on track to deliver 194 one-, two-, and three-bedroom apartments, along with a retail and commercial podium, by early to mid-2026.

A major bonus for buyers is that Northland is both the developer and builder, meaning they’re responsible for the full delivery and quality control of the project.

Apartments start from just under $600,000, with two-bedrooms priced from under $750,000 — making them particularly popular with first home buyers who benefit from no stamp duty under the NSW Government’s $800,000 threshold.

[smartcode_project:default project_id=5660 project_image_fid=1605]

Each residence features modern finishes, including laminate timber flooring, plush carpeting, and zoned air conditioning in all bedrooms and living areas. Open-plan living and dining areas extend to tiled balconies, maximising natural light and seamless indoor-outdoor living.

Kitchens are equipped with premium Smeg appliances and Villeroy &amp; Boch tapware, while bathrooms offer fully tiled finishes, polished chrome fittings, and soft-close cabinetry.

[smartcode_project:default project_id=5660 project_image_fid=1607]

Northland Head of Property, John Soliman, says when the opportunity arose to purchase the Pitt Street site, it was the prime location that drove the acquisition.

"Central Quarter is one of the most connected developments in Merrylands&nbsp;— and potentially in all of Western Sydney," Soliman said.

"The building sits directly next to Merrylands Station (just 35 minutes by train to the CBD), the Merrylands bus interchange, and across the road from Stockland Merrylands, home to nearly 200 retailers. It offers everything a modern day buyer would want at their fingertips."

Northland is also bringing new amenity to the base of the building, securing major fast food operators, a 24/7 gym, a childcare centre, and other local service providers to further activate the precinct.

[smartcode_project:default project_id=5660 project_image_fid=1616]

The biggest advantage for buyers at Central Quarter is the inclusion of Resilience Insurance’s 10-year Latent Defects Insurance — a major shift in buyer protection and industry transparency.

This structural warranty protects purchasers against significant issues related to structural elements and waterproofing.

Unlike traditional strata bonds, Latent Defects Insurance is purchased by the developer, activated at completion, and includes independent inspections throughout the build — helping to identify and rectify problems before handover.

[smartcode_project_cta:default project_id=5660]

Apartments start from just under $600,000, with two-bedrooms priced from under $750,000

Resilience Latent Defects Insurance

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News