Self managing a strata scheme is often suggested by members who think that by running their complex themselves, they will save money. Certainly they will not have to pay management fees, but they immediately expose themselves to considerable liability if they neglect any essential tasks. Imagine for example, the anguish, stress and financial loss, and personal recriminations, if the building insurance lapsed and there was a major fire.

First-time purchasers of a unit or apartment who have previously lived in freehold dwellings often find this new style of living a challenge. It is not so much about the close proximity to neighbours, as this is only to be expected. What they find difficult is getting used to living within the confines of the by-laws set by the Council. Where previously they could make their own decisions about their property, they now have to consult others.

The great Australian dream, reminiscent of the classic Aussie film “The Castle”, is fast becoming a thing of the past with the changing way of life for many Australians. In 2014, there were two apartment blocks being built for every five houses, and the trend continues, demonstrating the vast change in the housing choices that Australians are choosing for themselves. This trend towards more Australian’s embracing apartment and townhouse living can be attributed to a number of different aspects of social evolution, as WA Strata Management has found in its work with apartment owners.

With our experience in the property business, WA Strata Management knows that as a property owner, it is up to you to ensure that your property is kept in the best condition that it can be, for as long as possible. This means taking care of the little things along the way, to avoid them becoming expensive repair jobs down the track. Following a few simple guidelines and regularly checking for what needs doing will assist you in keeping your property in top condition throughout its life.

Buying a unit in a group housing scheme is an attractive alternative to buying single lot housing for many people. However, all owners are responsible for how the complex is managed, and this is usually achieved by forming a strata council, made up of owners and elected by them.