Strata communities house a significant and growing percentage of the Australian population. With this comes untapped potential for strata managers to leverage collective buying power for existing service requirements and future resident needs.
Get this right from the start and everything should run smoothly. Get this wrong – and strata owners, committees and management companies could be facing a world of expensive, troublesome and even dangerous problems. As the Newcastle apartment market evolves from walk-ups to vast, elaborate strata buildings, the need grows for specialist solutions handled by…
As one of the members of your Canberra-based strata community’s Executive Committee, these are the meetings you must attend. Being elected to the Executive Committee (EC) of your strata premises by the Owners Corporation is a big responsibility but a rewarding one. As part of your role, you will have to attend meetings. These gatherings…
What exactly does a strata building Executive Committee do? Take a look at the roles within this elected group of unit owners and their responsibilities. When you purchase a unit in a strata block, you will hear the terms ‘owners corporation’, ‘executive committee’ and ‘strata manager’ frequently. If you’re finding it confusing, here’s a quick…
When it comes to strata building communities in the Australian Capital Territory, what counts as common and what counts as private property? If you’re renting a property in a strata community or you are an owner-occupier, you will no doubt come across the term ‘common property’. But what does this mean and how does it…
Invest further in your investment by joining your Executive Committee. Find out why being an active member can boost the value of your property. Investing in property is generally a positive way to generate lasting wealth for yourself and your family. However, many investors make the mistake of purchasing an investment apartment, handing over the…
Clever new technology is making the Executive Committee and the strata tenant experience more convenient and efficient than ever. Online portals, the cloud and the rise of smart buildings are all improving the efficiency of Executive Committees as well as strata tenant experience. Connectivity and digital platforms make it easier to manage tenant expectations, retrieve…
There are some perks to strata living, especially when it comes to maintenance. Find out who does what at a larger strata complex. “Honey, have you put the bins out?” This question echoes around Australia every night. Often, the task is forgotten until the garbage truck is pulling up outside at 6am. For free-standing homes…
A building with commercial and residential lots has its own unique challenges and benefits. Take a look at why these complexes are different. Mixed-use facilities, which include residential premises and commercial operations like cafes, offices and shops, are a productive use of space. They add vitality to urban areas but they’re not without their challenges…
Meetings are a fact of life but they are something we dread if they aren’t run correctly. As an Executive Committee member, you may look forward to or wish you could avoid meetings with your fellow owners corporation representatives. The way you feel about meetings depends on how well organised they are and who takes…
