What Does Strata Title Mean?

Developed almost 60 years ago, Strata Title is an Australian creation which is now used by countries all around the world. In NSW, the NSW Conveyancing (Strata Titles) Act came into effect on 1 July 1961 and now covers over 270,000 schemes and accounts for over 50% of residential leases and sales in Sydney alone. […]

Mailbox Theft In Strata Managed Properties: What Steps Can You Take?

Over the past year, the Australian Federal Police have reported an increase in identity fraud, credit card fraud and other such scams. In fact, according to the Consumers Federation of Australia, identity crime is costing Australia over $1.6 billion per year, with $900 million of that being lost by individuals. Although this private information can […]

Strata Reports: Why You Should Request It When Buying Your Next Property

If you’re thinking of purchasing a strata property, doing your research beforehand is always highly recommended. If the property is above board, thorough inspections will give you peace of mind that you’re buying into a good strata. If it’s not, however, performing your due diligence will save you hundreds of thousands of dollars and potential […]