The pandemic has changed the way we live and spend our money, and many people are looking for affordable and modern living arrangements that provide both convenience and comfort. Strata living might just be the answer to your search.
With strata living, you get to enjoy a sense of community and shared responsibility, as well as access to common facilities like gyms and swimming pools without having to maintain them yourself. This is particularly attractive to young professionals who are busy with work and other commitments. Plus, strata living can also offer greater security and peace of mind, as many strata properties have 24-hour security and CCTV cameras.
If you’re looking for a new home that offers a low-maintenance lifestyle and all the convenience of inner-city living, strata living could be the perfect solution.
A strata title is a popular home to purchase with over 270,000 strata titles all over Australia.
Some of the benefits of purchasing a lot in a strata title include:
- Low level of upkeep
- Access to amazing amenities such as pools, saunas and gyms
- A strata company and strata manager that takes care of day-to-day building management
One aspect that may seem negative, but is actually a huge benefit, is strata fees. These fees are often paid by owners of lots within a strata title on a quarterly basis. The fees you pay cover many important costs, such as cleaning, gardening, building maintenance and building insurance. As a lot owner, you do not have to worry about these as they will be taken care of on your behalf.
Although the fees may cut into your annual budget, they can save you money in the long run. When you own a home that is not part of a strata title, you have to consider all the maintenance as needed, such as replacing the roof or sprinkler systems.
Additionally, strata living provides a sense of community and security. You’ll have neighbours who are close by, and the shared spaces will be well-maintained and safe. With the pandemic causing many people to work from home, having a comfortable living space has become a top priority. Strata living offers modern, affordable and convenient options for young professionals who are looking for a place to call home.
Strata living is convenient with low upkeep needed. No need to worry about property exterior or landscaping. Enjoy living space without fixing things often. Strata Living offers access to incredible amenities that may not be affordable with a standalone property. Enjoy facilities like pools, saunas, gyms, and communal spaces in many strata-title properties.
Another big draw of owning a strata title is the fact that you have a voice. As an owner, you join the strata’s Council of Owners which means you get to be involved in decisions about how the shared property is managed.
Below are often some questions we get asked about living in strata:
What is the cost of strata fees?
The cost of strata fees varies depending on location, property size, amenities, and maintenance. Strata fees cover upkeep and repair of common areas like elevators, lobbies, pools, and gardens. They may also include water, electricity, and gas for the building. Higher fees usually mean better facilities and services. However, strata fees should be factored in when purchasing a property. Speak with strata managers or real estate agents to understand fees before deciding.
What are the rules and regulations of the strata?
If you’re considering living in a strata, it’s important to familiarize yourself with the rules and regulations that govern it. Strata living is governed by a set of by-laws that are designed to ensure the smooth and efficient functioning of the building. These by-laws cover a range of issues, including noise levels, pet ownership, smoking, and waste disposal.
Strata managers are usually in charge of enforcing these by-laws, and it’s their responsibility to ensure that all residents are aware of the rules and regulations. They will also handle any disputes that arise between residents and may impose fines or other penalties for any violations of the by-laws.
It’s important to note that the by-laws can vary from one strata to another, so it’s a good idea to read through them carefully before you decide to move in. This will help you to avoid any surprises or misunderstandings down the line.
Are pets allowed in the strata complex?
Are you a pet owner looking to move into a strata complex? The answer to your question is: it depends.
Most strata complexes will have by-laws that dictate whether or not pets are allowed. Some may allow pets, while others may prohibit them altogether. However, it’s important to note that even if pets are allowed, there may be certain restrictions in place. For example, there may be a limit on the number of pets allowed per unit, or there may be specific areas within the complex where pets are not permitted.
If you’re considering strata living and you have a furry friend, it’s important to do your research before you make any decisions. Reach out to the strata managers to find out what their policy is on pets and what restrictions may be in place. If pets are allowed, make sure you’re familiar with the rules and regulations so that you and your pet can live comfortably within the complex.
At the end of the day, strata living can be a great option for pet owners. With less maintenance to worry about, you’ll have more time to spend with your furry friend. Just be sure to do your due diligence before making any commitments.
Is there an on-site manager for the strata?
Strata living typically has an on-site manager. The manager oversees day-to-day operations, maintains common areas, enforces rules, and handles concerns or complaints. An on-site manager provides peace of mind and assists with tasks like deliveries, repairs, and events. Overall, a manager can be a valuable asset for a comfortable and efficient living experience.
What amenities are available to strata members?
As a strata member, you can enjoy various amenities that add value and comfort to your living experience. Depending on the strata property, you may have access to a swimming pool, gym, clubhouse, sauna, spa, BBQ area, and more. These amenities are usually maintained by the strata managers, so you don’t have to worry about cleaning or upkeep.
Moreover, strata living allows you to enjoy shared facilities without the hassles of ownership. You can use these amenities whenever you want without worrying about repairs or maintenance costs. This is especially beneficial for busy professionals who don’t have time for yard work or home repairs.
In addition to amenities, strata living also offers many other benefits, such as security, community, and convenience. Strata properties are typically gated and have security features, which provide a sense of safety and peace of mind. You can also connect with other strata members and build lasting relationships that create a sense of community.
All in all, strata living is an excellent choice for professionals seeking an efficient living solution. It not only provides access to various amenities but also offers a secure, connected, and convenient living experience. So, if you’re looking for a hassle-free lifestyle, consider strata living today!
Are there any restrictions on renovations in the strata?
There may be restrictions on renovations in strata living. Changes to a property may affect neighbours, so managers have guidelines to regulate renovations. Consult with the manager and review bylaws before making changes. Minor renovations like painting and changing lights are usually permitted without approval. Seek permission first to avoid conflicts with neighbours or management.
Want to know more about strata living? Contact us and get a quote from us here.