Confidence is currency in the off the plan apartment market.

A developer’s track record is paramount. If they’re new to the scene, their personal background and the calibre of their partners—architects, builders, planners—can offer strong indications of the project's likely success.

Now, a new layer of buyer assurance is emerging: Latent Defects Insurance (LDI).

INCA Property Group is among the latest developers to adopt this rigorous form of protection, securing LDI through Resilience Insurance for its boutique St Ives development, Ellis Residences.

Currently under construction by GOP Constructions, Ellis Residences will comprise 18 three-bedroom apartments, nestled in a quiet cul-de-sac just moments from St Ives Village.

[smartcode_project:default project_id=144449 project_image_fid=316794]

INCA Development Manager Michael Downs says the team first encountered LDI during their Waitara project but couldn’t proceed at the time, as construction was already too far advanced.

"By the time we were planning Ellis, our builder was proactively asking for it," Downs says. "It gives them certainty, it gives us confidence—and ultimately, it protects the buyer in a way that traditional strata bonds can’t. By the time it’s complete, we know any structural concerns for the next 10 years are covered. It’s a cleaner, more accountable way to do things—the builder can move on, and the buyer isn’t left chasing defects years down the track."

INCA’s Sales and Marketing Manager Mat Cassidy says that while LDI may not be widely understood by buyers just yet, it’s a game changer once explained.

"When we invited our local agent network to preview Ellis before launching sales, the key topic of conversation was how to explain Latent Defects Insurance to buyers," Cassidy says. "We had the Resilience Insurance team on hand to answer questions and break it down. Once it was explained, the value really hit home."

Cassidy describes LDI as "a new benchmark for buyer protection", and says its impact goes beyond post-settlement peace of mind.

"There are monthly or even bi-monthly inspections by a third-party Technical Inspection Service. What the builder delivers isn’t just acceptable to the developer—it has to meet the insurer’s standards. That level of scrutiny benefits everyone."

Even in the event that something does arise post-completion, Cassidy says the process is refreshingly simple for buyers.

"If something goes wrong within the first 10 years, buyers aren’t left fighting for a resolution. They just call the insurer. That’s what we love—peace of mind for everyone involved."

Ellis Residences is currently one of the only developments in the Ku-ring-gai local government area to offer Latent Defects Insurance.

Cassidy confirms INCA plans to roll out LDI across all future apartment projects.

"It’s a must for us—we’re committed to doing the right thing by our buyers," he says. "Without buyers, there are no new projects, so their needs and expectations come above all else."

<hr data-end="3209" data-start="3206" />
<h3 data-end="3252" data-start="3211">What is Latent Defects Insurance?</h3>

Latent Defects Insurance is a 10-year structural warranty that protects apartment buyers from major defects in structural elements, waterproofing, and core building systems such as electrical and plumbing.

It differs from traditional strata bonds in that it’s developer-purchased and activated immediately upon completion. It also includes independent inspections throughout construction to help catch issues early.

Read more:&nbsp;<a href="https://www.urban.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>

Ellis Residences is currently one of the only developments in the Ku-ring-gai local government area to offer Latent Defects Insurance

Joel Robinson

"A new benchmark for buyer protection" INCA takes out Resilience LDI at Ellis Residences, St Ives

Leading Sydney developer <a href="https://www.urban.com.au/developers/deicorp">Deicorp</a> has officially broken ground on its $1 billion Showground Pavilions project in Castle Hill, marking the start of construction on one of the most significant residential projects in Sydney’s north-west.&nbsp;

Located within the Hills Showground Station Precinct, the Precinct East project – known as Showground Pavilions – will deliver 873 new homes across five residential buildings designed by award-winning architecture firms <a href="https://www.urban.com.au/architects/turner-studio">Turner Studio</a> and <a href="https://www.urban.com.au/architects/group-gsa">GroupGSA</a>.

The development will also include 44 affordable dwellings, a 3,500 sqm public park, and communal outdoor spaces such as landscaped courtyards, a playground, barbecue areas and shaded seating.&nbsp;

<img alt="Showground Pavilions in Castle Hill" data-entity-type="file" data-entity-uuid="d7c28303-b5e5-4956-9207-cb3297c33a66" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ShowgroundPavilions_Pedestrian%20Spine%20Link.jpg?VersionId=DNtf0ZNrqZsbLBCLO79fOfeKRG8NX7QL" />

“The Hills Shire is one of the fastest-growing regions in the country, with our population projected to reach 328,000 by 2041," said Mayor Dr. Michelle Byrne.&nbsp;

"This rapid growth presents significant challenges, particularly amid a national housing crisis. That’s why developments like the Pavilions are critical to addressing these challenges. It’s a prime example of situating high-density development close to public transport, community facilities, such as Castle Hill Showground and shopping centres, like Castle Towers."

Dr&nbsp;Byrnev said it is also great to&nbsp;see affordable housing set aside for key workers such as nurses, teachers, and police officers—helping them to live in the community they serve.

The development forms part of the Hills Showground Station Precinct – an urban renewal initiative led by Landcom and Sydney Metro. Deicorp was selected to deliver both the East and Village precincts, with the neighbouring 430-apartment Hills Showground Village now under construction and Stage 1 nearing completion mid-year.&nbsp;

<img alt="Showground Pavilions in Castle Hill" data-entity-type="file" data-entity-uuid="0385da64-995c-4ac2-90ea-da94e977006e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ShowgroundPavilions_Between%20Buildings.jpg?VersionId=nOIPwGTFSn96jKF4oDuxnQsRNS8Yit8z" />

In total, Deicorp’s contributions across both sites will deliver over 1,300 new dwellings and provide more than $2 billion in economic impact. The Precinct East project alone is expected to generate over 5,000 jobs throughout construction and deliver upwards of $200 million to State and Local Government, including local contributions and taxes.

Planning approval for Showground Pavilions was granted by the Department of Planning and Environment in February 2025. The approved scheme includes a considered mix of 136 one-bedroom, 527 two-bedroom, and 210 three-bedroom apartments, with design principles shaped by the site’s natural context and seamless integration with surrounding open space.&nbsp;

“This milestone marks our continued commitment to building vibrant, connected communities along the Sydney Metro line,” said Deicorp Founder Fouad Deiri.&nbsp;

“Showground Pavilions is an outstanding example of how smart, transit-oriented development can help address Sydney’s growing housing demand while creating places people are proud to call home,” Fouad added.&nbsp;

Showground Pavilions is due to launch to market in the coming months.&nbsp;

The project adds to Deicorp’s expanding portfolio of Metro-linked communities, including Tallawong Village, Joynton Avenue in Zetland, and the recently approved Five Ways project in Crows Nest.

Deicorp breaks ground on $1 billion Showground Pavilions in Castle Hill

The Sunshine Coast is currently undergoing something of a development boom.

Unlike its southern counterparts—Brisbane and particularly the Gold Coast—the region has largely avoided the wave of new housing supply, despite experiencing a surge in net internal migration.

According to the Regional Australia Institute, the Sunshine Coast’s share of net internal migration rose to 17.5 per cent in December 2023—the highest level since the metric was first recorded. This was driven by a 33.3 per cent increase from the previous quarter, largely fuelled by migration from capital cities.

While population growth in the region has surged well above the national average, new housing supply hasn’t kept pace.

Several developers—particularly those based in Brisbane—have now identified key areas of the Sunshine Coast as strong performers for future growth. As a result, they're broadening their focus beyond the capital, bringing rare opportunities to buy brand-new apartments—something the region hasn’t seen at scale for decades.

In this article, we’ve highlighted the top four new apartment developments currently selling in 2025.

<h2>What: Bask</h2>

<h3>Where: Bokarina</h3>

<h3>Who: Gardner Vaughan Group</h3>

Builder-developer Gardner Vaughan Group is one of the most active developers on the Sunshine Coast. With its HQ in Brisbane, GVG branched out to the Sunshine Coast in 2021 when they launched Zinc Bokarina.

They recently completed the sell-out project, and are now delivering <a href="https://www.urban.com.au/new-apartments/bask-bokarina-38-bokarina-boulevard-bokarina-qld-4575">Bask Bokarina</a>, just a few doors down on Bokarina Boulevard, a short walk to the Bokarina Beach sand.

[smartcode_project:default project_id=141609 project_image_fid=333361]

Bask comprises two oceanfront towers, Mydas and Caretta, with a total of 135 architecturally designed apartments. Each offers coastal-inspired interiors, large balconies, and indoor-outdoor living.

Amenities include a heated pool, gym, parcel lockers, dog wash, function rooms, and over 1,000 sqm of retail space. Bask’s unbeatable location opposite Bokarina Beach Park, combined with sweeping ocean and mountain views, makes it a clear 2025 standout.

[smartcode_project:default project_id=141609 project_image_fid=333365]

GVG recently sold one of the penthouses at Bask <a href="https://www.urban.com.au/news/qld/exclusive-gardner-vaughan-smashes-bokarina-price-record-with-bask-penthouse-sale">for a suburb-record $5.5 million</a>.

<h2>What: Sunset Caloundra</h2>

<h3>Where: 5-7 Bombala Terrace, Caloundra</h3>

<h3>Who: Dusk Group</h3>

The newest development to the Sunshine Coast market in 2025 is from another Brisbane developer.

Dusk Group recently launched&nbsp;<a href="https://www.urban.com.au/new-apartments/sunset-by-dusk-group-caloundra-5-7-bombala-terrace-caloundra-qld-4551">Sunset Caloundra</a>, just 36 apartments starting from $650,000 in the heart of <a href="https://www.urban.com.au/developments/caloundra-qld-4551">Caloundra</a>.

[smartcode_project:default project_id=148795 project_image_fid=346466]

Designed by&nbsp;<a href="https://www.urban.com.au/architects/mas-architecture-studio">MAS Architecture Studio</a>, Sunset will also feature&nbsp;a resident swimming pool, BBQ pavilion, lounge, and communal green space. It will be a short walk from Kings Beach and Caloundra's cafes.

[smartcode_project:default project_id=148795 project_image_fid=346469]

Having already secured several sales to a mix of owner-occupiers and lifestyle investors, Dusk Group will commence construction in the coming months

<h2>What: St Clair</h2>

<h3>Where: Birtinya</h3>

<h3>Who: Habitat Development Group</h3>

Another burgeoning Sunshine Coast developer, Habitat Development Group, is delivering several projects both in small coastal towns as well as the Maroochydore CBD.

They're half way through construction of <a href="https://www.urban.com.au/new-apartments/st-clair-birtinya-930-931-waterside-retreat-birtinya">St Clair</a>, 200 apartments across two eight-level buildings in <a href="https://www.urban.com.au/developments/birtinya-qld-4575">Birtinya</a>. There are one, two, three and four-bedroom apartments on offer.

[smartcode_project:default project_id=108399 project_image_fid=230359]

The $150 million development is one of the most amenity rich in the area, with a rooftop terrace, 25-metre lap pool, wading pool, private dining room, and over 1,000 sqm of private parklands with BBQ and firepit zones.

St Clair residents will also benefit from direct esplanade access to Lake Kawana and proximity to the Stockland Shopping Centre and Bokarina Beach.&nbsp;

[smartcode_project:default project_id=108399 project_image_fid=230354]

Completion of St Clair is expected in Q1 2026.

<h2>What: Ocean Rise</h2>

<h3>Where: Kings Beach</h3>

<h3>Who: D.C.O Developments</h3>

The small suburb of <a href="https://www.urban.com.au/developments/kings-beach-qld-4551">Kings Beach</a>, on the edge of Caloundra, rarely sees new apartment development.&nbsp;

<a href="https://www.urban.com.au/new-apartments/ocean-rise-kings-beach-48-king-street-kings-beach">Ocean Rise</a> is the only new building currently on the market and under construction in the coastal suburb. It will have just 14 three-bedroom apartments, starting from $1.55 million.

[smartcode_project:default project_id=112638 project_image_fid=195931]

The apartments offer generous living spaces, kitchens with stone benchtops, and expansive balconies designed to maximise the ocean outlook. Outdoor features include a pool and curated lounge areas.

Several developers—particularly those based in Brisbane—have now identified key areas of the Sunshine Coast as strong performers for future growth

Where to buy a new apartment on the Sunshine Coast in 2025

The push for more downsizer apartments in Sydney's affluent Eastern Suburbs is set to continue.&nbsp;

Boutique builder developer MD Living is planning 12 apartments on Hamilton Street, just a few houses down from the centre of Rose Bay village on Old South Head Road.

The $15 million apartment building, that will replace two original homes at 28 and 30 Hamilton Street, has been designed by&nbsp;<a href="https://www.urban.com.au/developers/ess-lifestyle-pty-ltd">ess Life Style</a>&nbsp;and will rise six levels. Two doors down is the 2019-completed Hampton building.

The three and four-bedroom apartments each occupy half a floor.

<img alt="Rose Bay" data-entity-type="file" data-entity-uuid="fdb3790b-2002-4cce-acce-b68720909813" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-26%20at%202.45.56%E2%80%AFPM.png?VersionId=35rms0GhDaRs77aZFZiUMh_2ocluSg7m" />

The new applications marks a continued transition to new larger-scale apartments in Rose Bay, a suburb which has traditionally lacked such supply.

Several new developments are soon to come to the market in the area. Boutique national developer Fortis is planning a new project on Ian Street, 11 three-bedroom apartments and a two-bed apartment in a five-level building by&nbsp;<a href="https://www.urban.com.au/architects/mhn-design-union">MHN Design Union</a>.

Fellow developer Orosi is soon to launch The Avenue, the largest mixed-use development Rose Bay has ever seen.

[smartcode_project:default project_id=145607 project_image_fid=348825]

The development, on an amalgamated 3,000 sqm site adjacent to the&nbsp;Royal&nbsp;<a href="https://www.urban.com.au/developments/sydney-nsw" target="">Sydney</a>&nbsp;Golf Club, will offer 50 two and three-bedroom apartments, and a cafe on the ground level.

"The apartments are on the larger side, so they will suit a wide range of demographics, not just downsizers," Orosi Founder and Managing Director&nbsp;Hamid Samavi told Urban.

"The Avenue&nbsp;will set a new benchmark for architecture and sustainability in The Eastern Suburbs, featuring state-of-the-art facilities and curated retail spaces, including a Kosher café, an organic restaurant, and&nbsp;Sydney’s most iconic wellness centre."

First look: Rose Bay's downsizer push continues

Perth luxury apartment developer Blackburne has announced their first truly boutique high-end development for the South Perth waterfront.

Blackburne, who is known for recent award-winning developments such as The Grove Residences in Claremont and ONE Subiaco, will develop the luxury project at <a href="https://www.urban.com.au/new-apartments/44-mill-point-road-south-perth-wa-6151">44 Mill Point Road</a>.

The project will feature only 57 large-scale apartments, ranging from $2 million to $10 million. The development will have health club-level facilities, a bathhouse, private dining rooms, and a private residents’ lounge.

<img alt="Blackburne" data-entity-type="file" data-entity-uuid="23b666b5-2ee6-4a7b-966b-3d60ef92e224" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-26%20at%203.59.45%E2%80%AFPM.png?VersionId=s75d1n90heoDS9iiEN_GFsW_r5Hsz3fh" />

&nbsp;

Managing Director and Founder of Blackburne Paul Blackburne said it is their most exciting development to date.

“We’re proud to be bringing a project that responds to the unique character of South Perth while raising the bar for apartment living," Blackburne said.

"Perth has never seen a boutique project with mostly ultra-high-end residences, and we’re excited to bring something new to people wanting to live in South Perth.

“With larger floorplans than we have ever done before, ultra-premium finishes and a focus on privacy and views, this development is tailored for discerning owner occupiers who want to stay connected to the city while enjoying a relaxed, riverside lifestyle. This location is without a doubt the best in South Perth and will bring something new to the area. It’s our most exciting development yet,” he said.

<img alt="Blackburne" data-entity-type="file" data-entity-uuid="5117e8f8-9294-49ed-ac07-7e693c3081ba" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-26%20at%204.00.08%E2%80%AFPM.png?VersionId=LQoO6Ky_mBVH8wi7OFIMrDVb9bQNXLrr" />

When designing the South Perth development, local architects MJA Studio drew inspiration from the forms of the river, the local tonal palettes of the peninsula and the iconic local architecture such as the Flour Mill and the Narrows Bridge.

The DA is progressing through the new 11B Pathway and has undergone three comprehensive design review sessions with a state-appointed expert panel of architects.

Throughout the State design review process, the submission received recognition for design excellence for landscape quality, sustainability and aesthetics from the state design review panel. In line with the City of South Perth Activity Centre Plan (ACP), the project is within the height limit of 17 levels.

Managing Director and Founder of Blackburne Paul Blackburne said it is their most exciting development to date.



ME Bank cuts fixed home loan rates to record low of 3.43 per cent

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