Around 20 home buyers were left with the skeletons of a home in abandoned, unfinished developments at O’Halloran Hill after their builder Felmeri Homes entered liquidation in July 2023.
Among them was Adelaide man Edward Gilmore who hoped to be raising his first-born in his new home before he became a toddler. Four years after he approved the build, his family has grown and they finally moved into their O’Halloran Hill property recently.
“It has been relatively traumatic, especially for those who have been financially impacted pretty heavily, have moved back in with family and watched interest rates go up and up during the construction loan, unable to lock it down,” Mr Gilmore told ABC News.
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The South Australian government invested over $4 million to have the infrastructure completed.
South Australian Infrastructure Minister Tom Koutsantonis said it was “gratifying to see some residents” moving into their homes.
“The level of service work required on this project was significantly higher than could have been expected, given the condition the project was left in, with some essential services poorly installed or not installed at all,” Mr Koutsantonis said.
Mr Koutsantonis also added the state government continues to “actively work through options to recoup all taxpayer money spent” to fund the incomplete infrastructure.
An investigation into Felmeri by Consumer and Business Services that began in 2023 continues.
Source: ABC News.