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Sun Property Group Enhances Buyer Confidence with 10-Year Latent Defects Insurance

Aurora Development Sets New Standard in Willoughby

Sun Property Group Enhances Buyer Confidence with 10-Year Latent Defects Insurance?w=400

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Sun Property Group (SPG) has taken a significant step to bolster buyer confidence by securing a 10-year Latent Defects Insurance (LDI) policy for its Aurora development in Willoughby, Sydney.
This boutique project comprises 12 apartments and a ground-floor commercial space, setting a new standard in the region by offering extended protection against structural defects.

LDI provides coverage for structural defects that may become apparent after the completion of a building, offering peace of mind to buyers and investors. By implementing this insurance, SPG demonstrates a commitment to quality and consumer trust, distinguishing the Aurora development in a competitive market.

For landlords and property investors, the inclusion of LDI in new developments can be a valuable factor when considering potential investments. It not only ensures the structural integrity of the property but also mitigates potential future costs associated with unforeseen defects. As the property market evolves, such proactive measures may become increasingly influential in investment decisions.

Published:Saturday, 30th May 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

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Knowledgebase
Surrender Value:
The amount of money an insurance policyholder will receive if they voluntarily terminate the policy before it matures.