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Strata Committees help to keep your property running.
They are the Individuals (Owners) of the property, elected by the Members at a meeting, to assist in guiding the group.
They may assist in obtaining quotes, meeting with trades, reviewing budgets and expenses, reporting matters to your Management team and more.
Entitlements are the ratios which divide up the values of your lot, compared to others in your group / Strata.
Why are the values different?
Why does my neighbour pay less than me?
How are the values determined?
Parking in a strata community can be tricky. Knowing the rules makes all the difference!
Resident spots are usually part of your lot title marked on the plan —meaning only you can use them.
Visitor parking is short-term only—and not for regular continued use by residents.
Parking in common areas, blocking access, or misusing visitor bays could lead to notices or even penalties applied by the Strata or Committee. It could also increase the risk of damages, insurance issues or difficulties for Emergency service vehicles.
Understanding the rules and adhering to them is important. Your strata manager can help.
What is the Strata Report; Section or Search document?
This report forms part of the Form 1 document helping you to avoid surprises and make informed decisions Such as:
Always ask questions before you buy. Learn more at Stratarama.com.au
No two Strata groups have the same costs, maintenance and levies
Let’s break it down!
Levies are based on the budget owners approval and can cover three key ways of raising funds:
Each owner pays based on unit entitlements, basically a percentage, applied by the strata plan.
No two Strata groups have the same costs, maintenance and levies
A well-planned strata means fewer surprises!
That’s where a Long-Term Maintenance Plan comes in.
It outlines:
Planning ahead protects property value and avoids costly emergency repairs! Allowing Members to create a sinking fund of savings”
Is your Strata Manager not meeting expectations? Good news—you CAN make a change!
Step 1: Review your current contract for notice periods and termination clauses.
Step 2: Gather support from your strata committee and other Owners.
Step 3: Vote on a new manager at a general meeting.
A great Strata Manager has knowledge and experience to provide communication, support, advice!
It all starts with a Strata Plan lodged with the Land Titles Office.
A Strata Plan is a legal document that maps out every lot—like your unit— and from there your experienced Strata Manager can determine shared common spaces including hallways, carparks, gardens or amenities.
Your strata plan sets boundaries, assigns lot numbers, defines ownership and entitlement values which each determines your share of financial responsibilities.
A Strata Manager assists the group of Owners with financial reports, maintenance, and compliance, bringing the various Owners together for meetings and decision making.
Unlike a Property Manager who manages tenants and maintenance of an individual unit, a Strata Manager works for ALL owners—overseeing common areas, levies, responsibilities and legal matters.