Construction risk — what no listing tells you
Building Commission NSW / Strata Community Association 2023 Strata Defects Survey: 53% of newly registered strata buildings reported at least one serious defect in common property (39% in the 2021 survey). Defects are common, not exceptional — and new does not mean safe (Opal Tower was under a year old).
Get an independent structural and strata inspection before you commit — the defect base rate makes it the single highest-value dollar in the purchase.
We cannot see inside a building — no one can from public records. This section states base rates and observable adjacency only, and will never call a building safe.
What's changing in Caulfield North — recent local signals
2026-10-06 — Development site — listing's own words: "STCA" (5 Albany Court, Caulfield North, Vic 3161) (listing rea-149238364 (rea), first seen 2026-10-06)
2026-10-06 — Development site — listing's own words: "STCA" (14 Cantala Avenue, Caulfield North, Vic 3161) (listing rea-204521372 (rea), first seen 2026-10-06)
2026-10-06 — Development site — listing's own words: "STCA" (14 Park Crescent, Caulfield North, Vic 3161) (listing rea-152407216 (rea), first seen 2026-10-06)
Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.