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In NSW, apartment residents make up 15% of the population. That’s more than the national average. Over 1.1 million residents live in over 800,000 resident lots within the state. There are almost 80,000 residential schemes in NSW and over half of the NSW apartment residents are between 20-39 years old. Almost 50% of the NSW residential lots are occupied by tenants. The largest demographic, at 31% is a single occupant, followed closely by couples with no children (25%). These facts come from the Australian National Strata Data Report from 2018.
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Most Recent NSW Strata Legislation Articles
- NSW: NCAT Gives the Green Light to “User Pays” By-Laws - In a recent decision, the Appeal Panel of NCAT has approved of a by-law which introduced a “user pays” system for the cost of electricity used to keep hot water supplied to some but not all lots in a mixed-use strata scheme.
- NSW: Quorum Requirements for the AGM - Question: Our Strata committee has 6 members. Can any 3 strata members form a quorum without communicating with the other strata members?
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