- What is included in strata levies?
- What are strata levies?
- Are strata levies the same as body corporate fees?
Check your states tab for the latest information about Strata Levies and the capital works fund. New information and links are added regularly. Be sure to check back to be kept up-to-date.
According to Strata Community Association (NSW), here are the definitions of:
- Levies are amounts paid into a trust account so that the scheme can fund and carry out its duties. Levies are the amounts that owners are bound by legislation to pay to the administrative fund and capital works to enable the communal management of the scheme. They are determined at the AGM via the approval of a budget and the decision of payment due dates. Each owner’s portion is determined by the lot unit entitlement as a proportion of the aggregate unit entitlement.
- Levy Arrears: The owner is in arrears if the amount owed by them has not been received into the trust account by the due date.
If you have enjoyed this topic page, discover more great information in our other Strata Topics.
Strata Levy Information Page
Cracking the Strata Levy Code
LookUpStrata unpacks everything strata owners need to know about strata fees, including strata fee definition, average strata fees, how to calculate strata fees, strata payments and much more.
NAT Webinar: Levies – What are you really paying for?
Michael Ferrier from EYEON Property Inspections joined Nikki Jovicic from LookUpStrata in July 2022 for a webinar about strata levies. What you are really paying for and how do levies ultimately contribute to a well-run building? Michael explores the meaning of a strata levy.
Most Recent Strata Levies Articles
NSW: High-Density, High Tension: Strata Disputes Escalate - As Sydney’s residential landscape shifts rapidly towards high-rise and high-density communities, the dynamics between neighbours are becoming increasingly volatile. Strata properties, the backbone of this urban shift, are now witnessing a complex surge in internal disputes, creating challenging governance and compliance issues for owners corporations and residents alike. 
QLD: Improving understanding of body corporate duties to reduce conflict - Question: How can I help residents understand the body corporate’s legal obligations when most people only focus on the cost?
Our articles and Q&As about Your Strata Levies have been arranged by State
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National Strata Levy articles
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New South Wales
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Queensland
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Victoria
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Australian Capital Territory
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South Australia
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Western Australia
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Northern Territory
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