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 Essendon — recent local signals
2026-08-29 — Development site — listing's own words: "STCA" (19 Jacka Street, Essendon, Vic 3040) (listing rea-150902688 (rea), first seen 2026-08-29)
2026-08-28 — Development site — listing's own words: "STCA" (29 Peterleigh Grove, Essendon, Vic 3040) (listing rea-151205960 (rea), first seen 2026-08-28)
2026-08-26 — Development site — listing's own words: "STCA" (2 Fletcher Street, Essendon, Vic 3040) (listing rea-149331000 (rea), first seen 2026-08-26)
Dated public signals compiled for this suburb — openings, closures, site sales and institutional moves. Facts with sources, not forecasts.