One of the things I see often in body corporates looks something like this: Period Admin Budget Sinking Budget Total To Raise FY Ended 6/2014 $200,000 $50,000 $250,000 FY Ended 6/2015 $170,000 $100,000 $270,000 What this shows is that there has been a 50% increase in sinking fund budget from one financial year to the […]
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posted on June 17, 2015 by Lisa
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6 Indicators of a Body Corporate Levy Increase
Filed Under: Buying In A Strata Scheme, Strata Levies, Strata Search Tagged With: body corporate levies, body corporate records, strata levies
Beware Strata Levies That Are Too Low!
The other day I was asked: I am interested in buying a unit but strata levies are $900 per annum on old medium size block of 12 units. When I enquired with unit next door they pay $400 strata levies per annum. Is this possible to have two strata neighbours so different? This is 50 […]
Filed Under: Buying In A Strata Scheme, Strata Levies Tagged With: body corporate levies, strata levies