‘Like a lottery’: alarming find for unit buyers

‘Like a lottery’: alarming find for unit buyers

‘Like playing lottery’: unit buyers have high chance of getting defective property, research shows Shonky building practices have turned Sydney’s apartment market into a “lottery” where purchasers have a high chance of getting a defective unit, a new report has revealed. Shonky building practices have turned Sydney’s apartment market into a “lottery” where purchasers have a high chance of ending up with defective units, a new report has revealed. A UNSW and University of Technology Sydney review of strata schemes registered over a 10-year period showed defects were “commonplace” and often poorly documented. Nearly 26 per cent of the strata schemes analysed in the Sydney, Parramatta and Canterbury-Bankstown local government areas reported problems. MORE: Karl Stefanovic’s Sydney house up for grabs Nicole Kidman leads celebrities moving to this NSW region …
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