Combustible cladding has moved away from being a daily topic on the news. But this does not mean that the problem of the combust cladding has been resolved for the majority of buildings and property owners. Today’s story from the age documenting CBA’s position on an open register of buildings with combustible cladding is the […]
Tag: Market value
How Do I Calculate My Strata Levies?
Strata levies are the most common source of tension and frustration between strata owners, strata committees and strata managers. These frustrations often occur because of a disconnect between spending or budgeting and the amount that each owner needs to pay towards the project. This simple comparison calculator helps people understand the real difference between in […]
Make Strata AirBnB your new best friend
[one-half-first] [/one-half-first] [one-half]With the future of Strata AirBnB short-term letting still unclear in Sydney I urge all committees to get themselves prepared for a world where Airbnb stays and Council don’t enforce local planning restrictions on short-term letting. Now short-term letting is deemed to be a negative for resident owners and the property price for the […]
Strata Committee Members, Should they be Paid?
The performance of the strata committees is regularly questioned and challenged with little regard to the fact these committees are volunteers. While this has been the same for 50 years apartment developments & realestate values have grown dramatically. Strata committees are regularly now in control of assets with rebuild costs more that $100million and sale […]