Bad press for strata managers shines light on strata costs and service
Strata fees are high and apartment owners, and those that represent them, deserve value for money but for various reasons that is not always the case and changes need to be made.
Properties with quality amenities attract high strata fees but the quality of services provided to body corporates has come recently under the spotlight. (Image source: Shutterstock.com)
Whether you’re a renter, owner-occupier or investor, property is very costly.
Interest rates, which were kept on hold on Tuesday
(7 May), are just one factor. The systemic undersupply of homes to buy and rent is the major contributor to unaffordability.Another cost which has recently been elevated in the public conscious is strata management.
Ever since an ABC News report revealing the alleged unethical practices of a particular strata managemen…
