53%
With serious defects
NSW strata buildings surveyed in 2023 with serious defects in common property (NSW Office of the Building Commissioner, cited by NSW Productivity and Equality Commission).
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53%
NSW strata buildings surveyed in 2023 with serious defects in common property (NSW Office of the Building Commissioner, cited by NSW Productivity and Equality Commission).
2,600+
Construction companies reported insolvent in the 12 months to March 2025 (ASIC statistics reported by News.com.au).
1,700+
Homes in progress and signed contracts affected when the major builder collapsed (Grant Thornton statement reported by Guardian Australia).
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PROPERTY ASSURANCE
FINDINGS SUMMARY
Straight answers
Construction is the country's number one industry for insolvencies (ASIC). Check your builder before you sign.
Check a builder nowProperty Assurance is an independent information service. We are not a government body, insurer or credit provider. Information is sourced from public registers, current as at the timestamp shown.