Off PlanProperties
Open navigation

Buyer's guide / Checking a developer and builder

How to check a developer and builder before you buy off the plan.

Two companies stand between you and a finished apartment, and either can fail. Here is how to check both in an afternoon using the public registers in Queensland and NSW, what covers you if they do fail, and what the registers cannot tell you. None of it replaces a solicitor's review of the contract.

General information only · Not legal advice · Sources checked 28 October 2026 · Builder reputation sources checked 5 November 2026 · Register and iCIRT sources checked 8 November 2026

The short answer

Two companies, four registers, one afternoon.

The developer sells you the apartment. The builder builds it. They are usually different companies, and either can fail. Before you sign, get both names from the contract, not the brochure, and run each through the licence register for your state, the ASIC company register, the insolvency notices and, in NSW, the iCIRT registry. Then look at what they have actually finished. Everything below is free or costs a few dollars, and none of it needs a login.

Queensland

QBCC licensee register (full history report), ASIC, completed buildings, and whether the building is over three storeys.

New South Wales

NSW licence check, Design and Building Practitioners register, iCIRT registry, ASIC, and the strata building bond for buildings of four storeys or more.

Step 1

Get the right names.

The developer

The seller named on the contract, which is often a single-purpose company set up for this project. Ask who its directors are and which other companies they run. The project's brand name is not the company.

The builder

Ask whether a building contract has been signed and with whom. If the answer is "to be appointed", your checks on the builder cannot start, and the contract should say what happens if the named builder is replaced.

Related entities

The QBCC advises checking the individual and any related entities, as both will hold licences (QBCC fact sheet, October 2025). The same applies at ASIC: search the directors, not just the company.

Step 2

Check the licence.

Queensland: QBCC licensee register

The register provides a complete licence history and is more detailed than the find a local contractor search (QBCC, updated 12 December 2025). Open the full history report. Its first page shows the licensee's disciplinary record; the second shows the licence classes held and any conditions or endorsements; the maximum revenue section shows the annual turnover allowed under the licensee's financial category (QBCC fact sheet, October 2025). Ensure the licence class matches the work. If you get no result a second time, you may be dealing with an unlicensed person.

Queensland: demerit points

Demerit points for unpaid judgment debts are publicly recorded on the online licence search as a warning to subcontractors, suppliers and consumers (QBCC, updated 30 August 2021). Points on a builder's record are a reason to ask questions.

NSW: licence check

Search verify.licence.nsw.gov.au by name, licence number, ABN, ACN or location (Service NSW, 15 August 2025). The result shows licence type and current status, expiry, any cancellation or suspension under the Home Building Act 1989, conditions, public warnings, formal cautions, penalty infringement notices and the results of any prosecution (NSW Government).

NSW: Design and Building Practitioners register

Builders of class 2 buildings, which includes apartment buildings, must be registered under the Design and Building Practitioners Act 2020 (NSW Government, updated 6 July 2026). The public register shows the name, business address, registration number, class, status and first registration date. It does not show complaints or investigations.

NSW: iCIRT

An industry-led market surveillance tool using a star-rating methodology, provided by Equifax, reviewing capability, conduct, character, capacity, capital and counterparties. Businesses request the review; only those rated 3 gold stars or higher appear on the registry (NSW Government, updated 1 December 2023).

Step 3

Check the company.

ASIC company register

Free: company name, type, ABN or ACN, registration date, next review date, registered office suburb and the list of documents lodged with ASIC. A current company extract, which lists the officeholders, costs $10; current and historical, $20; roles and relationships, $23 (ASIC). Officeholder addresses are not shown.

ASIC published notices

Insolvency and deregistration notices from 1 July 2012 are searchable on the ASIC-sponsored published notices website (ASIC). Search the developer, the builder and the directors' other companies.

Company alert

ASIC's free company alert service tracks certain changes made to a company. Set one for the developer and the builder for the life of the contract.

Why it matters

Construction has been about a quarter of all first-time external administrations in each of the last two years: 3,596 of 14,722 in 2024-25 and 3,472 of 14,153 in 2025-26 (ASIC insolvency statistics, published 26 October 2026). Builders fail often enough that checking is routine, not paranoid.

Step 4

Know what covers you if they fail.

Your deposit

Held in trust until settlement in both states. Queensland: deposits under off the plan contracts can only be released from a trust account to the seller at settlement or when the contract finalises and the seller is entitled to them (Queensland Government, updated 13 April 2026). NSW: the stakeholder must hold the deposit and any instalments in a trust or controlled money account during the contract period (NSW Government).

Queensland Home Warranty Scheme

A statutory insurance scheme administered by the QBCC to cover homeowners for loss if their contractor fails to complete contracted works or rectify defects (updated 1 August 2024). Standard cover is $200,000, or $300,000 with optional additional cover (updated 11 May 2025), for 6 years 6 months from the earlier of paying the premium, signing the contract or work starting (QBCC). Work in multiple-unit dwellings with more than three storeys above a car park is not covered.

NSW Home Building Compensation and the strata bond

The HBC scheme covers new houses and multi-unit residential buildings up to 3 storeys high; there is no cover for multi-unit buildings more than 3 storeys high (NSW Government). For taller strata buildings the developer lodges a bond of 2% of the contract price before the occupation certificate is issued. The developer must appoint a building inspector within 12 months of completion; the interim inspection is at 15 to 18 months and the final at 21 to 24 months, and the bond is used to fix defects found (NSW Government, updated 29 June 2026). The rise to 3% has been deferred to 1 July 2028.

NSW Building Commission audits

The Commission audits developers' buildings before an occupation certificate is issued, using risk rating tools to identify developers and buildings of concern, focusing on structure, waterproofing, fire safety, building enclosure and essential services, with powers to issue stop work, prohibition and rectification orders (NSW Government). Ask whether any order has been issued on this developer's projects.

Step 5

Look at what they have built.

For the registers that record discipline and disputes, see how to check a builder's reputation. Registers tell you about licences and failures. They do not tell you whether the last building leaks. Ask the developer for the addresses of completed buildings and visit two. Ask whether any past project ran past its sunset date or its disclosed settlement date. In NSW, ask whether the inspector's interim and final reports on their last building found defects and whether the bond was drawn. In Queensland, ask whether any QBCC direction to rectify was issued; the full history report will show disciplinary action. Our developer profiles record each developer's current pipeline and the council DA status of every project we list.

A clean record is necessary, not sufficient. A developer with no history has no record to check, which is itself the finding. Weigh it against the deposit protection and the cover for the building's height, and have your solicitor or conveyancer review the contract before you sign.

If you want a licensed buyer's agent appointed to act for you on the purchase, Buying with Breige covers the Gold Coast and Northern NSW.

Questions

Answered, with sources.

How do I check a builder's reputation before buying off the plan?

Check what the registers record, then what the buildings show. In Queensland, open the builder's QBCC full history report, then check the QBCC suspended, cancelled and excluded registers and search QCAT decisions under the company name. In NSW, check the Building Commission's register of building work orders. Then visit two finished buildings and ask owners about defects.

  • QBCC full history report: the first page shows the licensee's disciplinary record, and a 'Yes' against any item means the detail is on later pages. The maximum revenue section shows the most the business can turn over in a financial year under its financial category, which cannot rise by more than 10% in a year without QBCC approval (QBCC fact sheet, effective October 2025). Set that against the size of the building you are buying into.
  • QBCC lists: the suspended licences register, the cancelled licences register, the excluded individuals register (people excluded from holding a QBCC trade licence) and the adjudication decision register, which shows the results of payment disputes (QBCC, last published 27 May 2026). Search the builder, its directors and any related company.
  • QCAT decisions: Queensland Judgments, published by the Incorporated Council of Law Reporting for Queensland and the Supreme Court Library of Queensland, lists QCAT decisions and is searchable by case name (checked 5 November 2026). The Queensland Government says each building decision sets out what the dispute was about, what each side claimed and QCAT's final assessment (updated 30 October 2015).
  • NSW: the Building Commission NSW register of building work orders lists in-force prohibition orders, building work rectification orders and stop work orders for residential apartment buildings (checked 5 November 2026). It shows only orders still in force, so a clean result today says nothing about orders already lifted.

How do I check a builder's licence in Queensland?

Search the QBCC licensee register, which the QBCC says provides a complete licence history and is more detailed than the find a local contractor search (updated 12 December 2025). The full history report shows the licensee's disciplinary record on the first page, then the licence classes held and any conditions or endorsements, and the maximum annual turnover allowed under their financial category. Check that the licence class matches the work, and check the individual and any related entities, since both hold licences (QBCC fact sheet, October 2025). Unpaid judgment debts show as demerit points on the public search (QBCC, updated 30 August 2021).

How do I check a builder in NSW?

Use the NSW Government's licence check at verify.licence.nsw.gov.au. It shows the licence type and current status, expiry dates, any cancellation or suspension under the Home Building Act 1989, conditions on the licence, public warnings, formal cautions, penalty notices and the results of any prosecution (NSW Government). For an apartment building, also search the Design and Building Practitioners public register for the builder's registration; the register does not show complaints or investigations (NSW Government, updated 6 July 2026). An iCIRT star rating from Equifax is a further signal, though only businesses that request a review and score 3 gold stars or more appear on the registry (NSW Government, updated 1 December 2023).

How do I check a builder is registered?

Search the register in the state where the building is. In Queensland builders are licensed, not registered: search the QBCC licensee register by name or licence number. In NSW, check the licence at verify.licence.nsw.gov.au and, for an apartment building, the building practitioner registration. Use the company name on your contract, not the brochure.

  • Queensland: the QBCC says all licensed contractors in Queensland are listed in its licensee register, which gives a complete licence history. If you cannot find the builder there, there is a chance they are not licensed; the QBCC confirms on 139 333 (QBCC, reviewed 12 December 2025).
  • NSW: the Service NSW check for building practitioners searches by name, licence number, ABN, ACN or location (Service NSW, published 17 May 2024). Builders of class 2 buildings, which includes apartment buildings, must be registered under the Design and Building Practitioners Act 2020 (NSW Government, updated 6 July 2026).
  • Other states run their own registers. Western Australia's register of builders lists active and inactive builders, with inactive ones shown with a blank address, and anyone contracting for builder work over $20,000 must be a registered building contractor (WA Building and Energy, updated 22 January 2025).
  • A current licence or registration only says the builder may do the work. For discipline, disputes and orders, check the builder's reputation as well (see the first answer in this section).

How do I verify a builder's iCIRT rating?

Search the builder's name on the iCIRT register at register.icirt.com, which is free. A listed company has passed an independent assessment with at least 3 gold stars out of 5 and agreed to publish it. Check the rated date and any status note, and match the entry's name and ABN to the company on your contract.

  • What the register shows: the practitioner, ABN, role and rated date, with status notes such as 'Update Pending', 'Withdrawn, Not Renewed' or 'Withdrawn, Policy Breach' after some names (iCIRT register, checked 8 November 2026).
  • How old the rating is: the NSW Government says a rating is valid for 12 months (updated 1 December 2023). iCIRT says most companies update every 12 months and older ratings that have not been updated show as 'withdrawn' (iCIRT property buyer FAQs, checked 8 November 2026).
  • What a missing name means: iCIRT is voluntary, and the register does not list every company assessed, only those rated 3 gold stars or more that consented to share it (iCIRT FAQs). Absence is not a black mark, and a listing is not a guarantee.
  • Where it applies: iCIRT began in NSW, but a business anywhere in Australia can get a rating, and it rates developers as well as builders (iCIRT, checked 8 November 2026). Off the plan, search both names.

How do I vet a property developer in Australia?

Get the developer's legal name and ACN from the contract, then check its history, not its brochure. Search ASIC for the company and its directors, check ASIC's insolvency notices for their other companies, look the developer up on the iCIRT register, and visit two buildings it has finished. Then have a solicitor review the contract before you sign.

  • ASIC: the company register shows the company's name, type, ACN, registration date and lodged documents for free; a current extract listing the officeholders costs $10. ASIC's published notices list insolvency and deregistration notices from 1 July 2012 (ASIC, checked 28 October 2026).
  • The developer and the builder are usually different companies. Check the builder's licence and reputation separately (above).
  • Ask the developer for the addresses of finished buildings and whether any past project ran past its sunset date. Our developer profiles record each developer's current pipeline and the council DA status of every project we list.

How do I check whether a developer is financially sound?

You cannot see their balance sheet, but you can see their history. ASIC's company register shows the company name, type, ACN, registration date and the documents lodged for free; a current company extract listing the officeholders costs $10 (ASIC). ASIC's published notices website lists insolvency and deregistration notices from 1 July 2012, and the free company alert service tracks changes to a company. Search the directors' other companies too. In 2025-26, 3,472 of the 14,153 companies entering external administration for the first time were in construction, 24.5% of the total (ASIC insolvency statistics, published 26 October 2026).

What happens if the builder goes broke before my apartment is finished?

Your deposit is held in trust in both states, so it is not the builder's money. Beyond that, cover depends on the building's height. The Queensland Home Warranty Scheme pays up to $200,000, or $300,000 with optional additional cover, for non-completion or defects (QBCC, updated 11 May 2025), but multiple-unit dwellings with more than three storeys above a car park are not covered (QBCC, updated 1 August 2024). NSW's Home Building Compensation cover stops at three storeys; taller buildings rely on the 2% strata building bond, lodged before the occupation certificate and used to fix defects found at the 15 to 18 month and 21 to 24 month inspections (NSW Government, updated 29 June 2026).

Does an iCIRT rating mean the builder is safe?

It means the business asked for an independent review and scored well on it. The NSW Government describes iCIRT as an industry-led market surveillance tool using a star-rating methodology, provided by Equifax, reviewing capability, conduct, character, capacity, capital and counterparties, with only 3 gold stars or higher appearing on the registry (updated 1 December 2023). It is a useful signal, not a guarantee, and the absence of a rating means only that the business has not sought one.

Looking at a specific development? Ask the AI adviser, or request project information and our property team will go through it with you.

Sources