With more Australians tipped to be living in a building with a strata scheme in the future, we’ve put together a guide to understanding what the fees will and won’t cover.
We will look at:
What are strata fees?
Who manages strata fees?
Who owns what in an apartment building?
Does everyone pay the same in a strata scheme?
Are all strata fees the same?
How are strata fees calculated?
What happens if I can’t pay?
Do I need building insurance if I live in a strata building?
Do my strata fees cover my utility bills?
Do strata fees include Council rates?
Are strata fees tax-deductible?
What is the upside to buying a strata property?
Remember these are ongoing expenses, so it is important to be well informed and factor costs into your budget.
We will look at:
What are strata fees?
Who manages strata fees?
Who owns what in an apartment building?
Does everyone pay the same in a strata scheme?
Are all strata fees the same?
How are strata fees calculated?
What happens if I can’t pay?
Do I need building insurance if I live in a strata building?
Do my strata fees cover my utility bills?
Do strata fees include Council rates?
Are strata fees tax-deductible?
What is the upside to buying a strata property?
Remember these are ongoing expenses, so it is important to be well informed and factor costs into your budget.
Have a read of the article here
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