Helpful Info & Links

Retirement Villages

In a strata retirement village, residents who own a unit pay strata levies to the owners corporation and recurrent charges to the village operator. Strata levies cover the cost of managing and maintaining the common property in the strata scheme and administering the scheme.

Commercial Strata

Commercial strata title is becoming a common form of property development. Either by way of new construction or converting existing buildings, it allows developers more flexibility by allowing the sale of individual strata lots.

Community Strata

Community title is structured as property which has been divided into individual lots. This may include strata schemes and/or Torrens Title lots, with common areas and shared services; such as gymnasium, pool, and tennis courts.

Residential Strata

A building or collection of buildings, where individuals each own a small portion (a lot) but where there is also common property; external walls, windows, roof, driveways which every owner shares ownership over.