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Vela Apartments
Planned Settlement: Late 2026
Sales continue to progress.
- Detailed excavation & foundations continuing.
- Construction documentation continuing.
- Crane installed.
Artist's impression, indicative only.
Track my Property
To assist you on your property journey we have developed this tracker that can guide you on all the important milestones from when you sign the contract, to construction and reaching a settlement and beyond. Click on the phases below or click and drag left and right to scroll through the milestones.
Construct
Settle
Move in
1 - Early works
It's time to prepare the site for construction.
Read more
2 - Builder appointment
Our team selects a builder through a tender process.
Read more
3 - Construction
The builder now begins construction of your future apartment building.
Read more
4 - Top out
“Top out” is an exciting milestone for any construction project.
Read more
5 - Registration of Strata Plan
Now that the building is complete we can now lodge the Strata Plan which is reviewed by a registered surveyor (external party).
Read more
6 - Occupation Certificate
An Occupation Certificate (also known as Certificate of Occupancy) will be registered to confirm the building complies with the State’s specific building codes and that the building is ready to be occupied.
Read more
7 - Practical Completion
Practical completion stage means that the builder has completed the majority of the construction, so it is time to get ready to settle and move in.
Read more
8 - Finance & legal
It's time to get ready for settlement.
Read more
9 - Valuation
Some lenders or banks may require a valuation of your property.
Read more
10 - Pre-Settlement Inspection
A pre-settlement inspection allows you to inspect your future home to investigate its quality and note any defects or issues that need to be rectified before settlement.
Read more
11 - Settlement Notice
Once the title is registered and the property has received a Certificate of Occupancy
Read more
12 - Settlement
On the settlement day, you pay the balance of the purchase price and you are now the registered owner of the property.
Read more
13 - Handover
Please note that keys cannot be collected until settlement has taken place
Read more
14 - Move in
Congratulations, it’s time to move into your new home!
Read more
15 - Live Proud
Everything we do is designed to ensure you feel proud of the choice you’ve made with Frasers Property.
Read more
Construct
1 - Early works
It's time to prepare the site for construction.
Read more
2 - Builder appointment
Our team selects a builder through a tender process.
Read more
3 - Construction
The builder now begins construction of your future apartment building.
Read more
4 - Top out
“Top out” is an exciting milestone for any construction project.
Read more
5 - Registration of Strata Plan
Now that the building is complete we can now lodge the Strata Plan which is reviewed by a registered surveyor (external party).
Read more
6 - Occupation Certificate
An Occupation Certificate (also known as Certificate of Occupancy) will be registered to confirm the building complies with the State’s specific building codes and that the building is ready to be occupied.
Read more
7 - Practical Completion
Practical completion stage means that the builder has completed the majority of the construction, so it is time to get ready to settle and move in.
Read more
Settle
8 - Finance & legal
It's time to get ready for settlement.
Read more
9 - Valuation
Some lenders or banks may require a valuation of your property.
Read more
10 - Pre-Settlement Inspection
A pre-settlement inspection allows you to inspect your future home to investigate its quality and note any defects or issues that need to be rectified before settlement.
Read more
11 - Settlement Notice
Once the title is registered and the property has received a Certificate of Occupancy
Read more
12 - Settlement
On the settlement day, you pay the balance of the purchase price and you are now the registered owner of the property.
Read more
Move in
13 - Handover
Please note that keys cannot be collected until settlement has taken place
Read more
14 - Move in
Congratulations, it’s time to move into your new home!
Read more
15 - Live Proud
Everything we do is designed to ensure you feel proud of the choice you’ve made with Frasers Property.
Read more
Tracker status
Completed
Scheduled
Disclaimer: Whilst Frasers Property has tried to ensure that the tracking status is up to date, the content provided is ‘as is’ and ‘as available’ and is subject to change.
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