Autobiography is the latest builder-developer to take out the sought-after 10-year Latent Defects Insurance policy from Resilience Insurance.

Autobiography has locked in the new insurance, that covers off the plan apartment buyers for any structural or waterproofing defects in a building for 10 years post-completion of the development, in their newest apartment project in Wickham, on the fringe of Newcastle.

The development, Autobiography at Wickham, will bring 150 one-, two-, and three-bedroom apartments to Railway Lane, a stone's throw from the Newcastle Interchange and the Honeysuckle Drive retail and dining precinct.

It is one of just two multi-residential developments on the market in the Newcastle region to have the Latent Defects Insurance policy, the other being Third.i's Dairy Farmers projects.

Unlike traditional warranties, LDI covers apartment owners from day one, protecting against structural defects including cracks, water ingress, and other latent construction issues that may arise over the life of the building.

The policy is taken out by the developer prior to construction and applies across the entire building and its individual units. This ensures owners have direct recourse without needing to initiate costly or lengthy litigation processes.

“When buyers take possession, they have full insurance protection, from day one, for 10 years,” said Resilience Insurance CEO Corey Nugent.

Designed by Urbanacorp in collaboration with architect Nicholas Lycenko and Paul Scrivener Landscape Design, Autobiography at Wickham is purpose-built for the inner-city lifestyle.

It will feature a suite of resident-only amenities, including a fully equipped gym, yoga and Pilates studio, wellness centre, in-ground swimming pool, landscaped BBQ areas, a children’s playground, and a series of communal indoor-outdoor spaces. Practical additions such as EV charging stations and extra car parking options further reflect the project’s future-oriented approach.

Autobiography Wickham is one of several projects currently being undertaken by the developer.

They have Autobiography at The Belrose Collection, and Autobiography at Broadmeadow. In 2022 they completed Autobiography at Adamstown, 40 apartments above four commercial spaces.

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