This pleasant development was once a South Coast paradise,but many of the owners say they would never buy strata again.
Experts who work in Australia’s emerging co-operative housing industry argue it should be harnessed by governments.
As the number of apartment dwellers has surged over the past decade,the NSW Fair Trading Minister Anoulack Chanthivong says the rules haven’t kept pace.
Mediation is a compulsory step before owners can take strata issues to a tribunal,but applications have hit record highs and just six mediators are working to resolve issues.
Peak bodies are calling for an overhaul of volunteer-based,inexperienced strata committees as unexpected costs lead to fire sales of strata apartments.
With flexible work practices taking a toll on office vacancies,landlords consider converting spaces into strata to accommodate smaller to medium companies.
The council will install more EV charging stations and make it easier to install chargers in apartment blocks as it pushes to reach net-zero emissions by 2035.
A couple who took their neighbours to a tribunal to stop them smoking on their apartment balcony say the NSW government should bring in a statewide ban.
Owners’ corporations and trustworthy developers can both report defects to David Chandler’s new team for resolution outside the courts.
Strata office deals are setting new benchmark prices as investors opt to look for long-term capital growth in higher yielding bricks and mortar,and also benefit from an anticipated improvement in the leasing market.
The NSW government is considering changing residential tenancy laws to give renters greater rights to own pets,as animal welfare advocates warn the housing crisis is forcing people to surrender animals.