What’s the Link Between Strata Special Levies and the Sinking Fund?

Sinking fund, special levies, capital works fund and the administrative fund – it can feel like there are so many names and payment types to get familiar with when living in strata. We’re here to clear up your questions. Today, let’s explore the common question about the strata special levy vs sinking fund. First up  […]

What to Consider Before Selling Your Strata Property

Selling any property can be a daunting and complex process, and selling property in a strata scheme can be quite different from selling regular freehold. In this article, we consider some of the quirks and nuances involved in getting your strata property onto the market.   Whether it’s a family home or simply an investment, […]

Your Guide To Strata Levies

Every strata scheme has certain fees and levies that all owners have to pay. These are set at the Annual General Meeting and agreed upon by the owners corporation, giving each owner an active part in deciding on how much they should pay in strata fees each year. The strata fees are influenced by many […]

Where Does Your Money Go When You Pay Strata?

One big reason to decide on strata living when you’re investing in a new property is sharing the costs for maintenance and updates of the property with the other owners. Most strata schemes have quarterly fees, which equate to your share of the cost for maintenance and upkeep. Your total yearly payments should be roughly […]

Managing Noise Levels In Your Building – What’s Acceptable?

Strata living has many upsides, including shared costs, a lot of ways you can engage in decision-making processes and, ideally, a friendly community that you can live in. However, to ensure this, it’s important that each owner is considerate of other owners in a strata scheme. As noise complaints can be somewhat common in strata […]

Three Benefits of Being A Member Of The Strata Committee

Also known as an executive committee, a strata committee is responsible for the daily operation of your strata scheme. In New South Wales, there can be one to nine members elected by the Owners Corporation at a General Meeting. Generally speaking, the strata committee will act on behalf of the Owners Corporation and carry out […]

How to Greenify Your Strata

Choosing eco-friendly strategies to greenify your strata means more than just increasing the value of your property. With the right strategies in place, you’ll find you’re saving money with little effort or disruption, and in many cases, you will start seeing the reduction in energy and gas bills sooner than you realise. So, to get […]

Creating A Healthy Strata Community With Our Top 5 Communication Tips

Dealing with disputes and conflict are an unfortunate fact of life for any strata manager, but problems don’t need to spiral out of control. With a few simple communication tools under your belt, managing issues and differences of opinion can be resolved easily and with all parties feeling heard and satisfied with the outcome. Practice […]

How Australia’s New Subletting Legislation Will Affect Airbnb

On 5th June 2018, the NSW state government revealed a new set of legislations that would have big impacts on strata inhabitants and short-stay companies. Currently, land use in New South Wales is regulated by The Environmental Planning and Assessment Act 1979 which requires Councils to prepare Local Environment Plans (LEPs) in a uniform matter. […]

The New Strata Living Guide for 2017 and Beyond

There have been over 90 changes to the New South Wales strata laws with the introduction of the new Strata Schemes Management Act 2015, including guidelines regarding pets, smoking, parking and owner and tenant participation amongst others. Most of these changes came into effect on 30 November 2016, and on this date Fair Trading NSW […]