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 Balwyn — recent local signals
2026-10-21 — Development site — listing's own words: "development potential (STCA)" (1A Sevenoaks Street, Balwyn, Vic 3103) (listing rea-152694424 (rea), first seen 2026-10-21)
2026-10-11 — Development site — listing's own words: "STCA" (1020 Burke Road, Balwyn, Vic 3103) (listing rea-151040644 (rea), first seen 2026-10-11)
2026-10-03 — Development site — listing's own words: "STCA" (54 Northcote Avenue, Balwyn, Vic 3103) (listing rea-152241160 (rea), first seen 2026-10-03)
Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.