The RBA Rate Cut: What It Means for You and Your Strata Community
The Reserve Bank of Australia has cut the cash rate by 0.25 basis points to 4.10%, a shift that could ease financial pressure for many apartment owners. Whether you own and live in your apartment, own an investment property, or are considering buying, this change brings both opportunities and challenges, especially within strata communities. If You […]
Sustainable Strata Living: How NSW Strata Schemes Can Go Green & Save Money
Sustainability is becoming an essential part of how we live, work, and manage our properties. In NSW, strata schemes play a crucial role in reducing environmental impact while also cutting long-term costs for owners and residents. So, how can your strata scheme embrace sustainability? From energy efficiency to waste reduction, this guide explores practical, cost-effective […]
Who is Responsible for Fences Between Lots and Common Property?
When it comes to understanding fence responsibilities in strata schemes, the topic can quickly become confusing. In strata living, boundaries can sometimes blur between what is the lot owner’s responsibility, what falls under common property, and who is accountable for the costs and maintenance of fences and retaining walls. This blog post will clarify these […]
EV Charging in Strata Buildings: Why it is on the rise
As electric vehicles (EVs) become increasingly popular, the demand for EV charging infrastructure is rising. For strata buildings, offering EV charging not only meets a growing need but also adds significant value to the property. Whether you manage a residential or commercial strata scheme, understanding the installation process and the benefits of EV chargers can […]
Smoke Alarms in Strata Buildings: Whose Responsibility Are They?
Smoke alarms are an essential safety feature in any building, but when it comes to strata properties, there can be confusion about who is responsible for their installation, maintenance, and certification. Is it the responsibility of individual lot owners, or does it fall to the owners corporation? Let’s break it down to ensure your strata […]