---
title: Riverbend Ivanhoe February Construction Update
description: February construction update at Riverbend Ivanhoe. Basement works progress with tower crane installed. Secure early as stamp duty savings reduce.
image: https://blog.norus.com.au/hubfs/Norus%20-%20Riverbend/Construction%20Update%20Photos/February%202026/Ivanhoe-3.jpg
---

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 3 min read

# Riverbend Ivanhoe February Construction Update

[Norus Blog](https://blog.norus.com.au/author/norus-blog) : Published February 27, 2026 Updated March 26, 2026

[Project Update](https://blog.norus.com.au/tag/project-update) [First Home Buyer](https://blog.norus.com.au/tag/first-home-buyer) [Investor](https://blog.norus.com.au/tag/investor) [Downsizer](https://blog.norus.com.au/tag/downsizer) [Apartment](https://blog.norus.com.au/tag/apartment)

![Riverbend Ivanhoe February Construction Update](https://blog.norus.com.au/hs-fs/hubfs/Norus%20-%20Riverbend/Construction%20Update%20Photos/February%202026/Ivanhoe-3.jpg?width=4024&height=3018&name=Ivanhoe-3.jpg)

[Riverbend Ivanhoe](https://www.norus.com.au/park_view) continues to move forward with strong momentum on site, with visible progress now taking shape from the ground up. This is an exciting stage of the build, where the structure beneath the building begins to set the foundation for everything that follows.

![Ivanhoe-17](https://blog.norus.com.au/hubfs/Norus%20-%20Riverbend/Construction%20Update%20Photos/February%202026/Ivanhoe-17.jpg)

![Ivanhoe-4](https://blog.norus.com.au/hs-fs/hubfs/Norus%20-%20Riverbend/Construction%20Update%20Photos/February%202026/Ivanhoe-4.jpg?width=3851&height=2888&name=Ivanhoe-4.jpg)

### **What’s happening on site**

Across February, works have focused on shaping the basement footprint and preparing the site for the next key construction steps.

You can see the basement zone clearly defined, with substantial perimeter retaining walls now in place. These walls form the boundary of the below-ground structure and help set up the working platform for what comes next.

A major visual milestone is also now on site, with the tower crane standing tall at the centre of the build. This signals the transition into the next phase of construction, supporting ongoing works as materials and equipment are moved efficiently across the site.

With the basement area established, machinery continues to operate within the footprint as the team refines ground conditions, manages stockpiles and progresses detailed preparation works across the slab formation area. Safety systems are also in place around the perimeter, supporting the next stages as activity continues to ramp up.

### **What this milestone means**

This phase is about precision. Once the basement footprint is set, the project can begin progressing into the structural build sequence in a more visible way. Each step now supports the next, which is why this stage is one of the most exciting to follow.

It is also a helpful reminder that buying early can matter. Stamp duty savings for eligible off-the-plan buyers generally reduce as construction progresses, which means earlier decisions can often translate to stronger value.

### **Demand remains strong**

[Riverbend Ivanhoe](https://www.norus.com.au/park_view) has resonated with buyers from day one, with demand staying consistent as construction advances. With a limited collection of 1, 2 and 3 bedroom apartments available, the combination of a premium Ivanhoe address and real progress on site is driving continued enquiry.

If [Riverbend Ivanhoe](https://www.norus.com.au/riverbend_ivanhoe) is on your shortlist, now is the time to act. Book your display suite appointment today or call our sales team to secure your apartment and lock in the benefits of buying early. For more information or to register your interest, fill in the form below.

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### Register Your Interest In Riverbend Ivanhoe Apartments.

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