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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 961,000 resident lots within the state. There are over 83,000 residential schemes in NSW and almost 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 Australasian Strata Insights from 2020.
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Most Recent NSW Strata Legislation Articles
- NSW: Tips and Traps for Strata Managers when Completing and Executing Change of By-Law Documents - Changes to by-laws must be registered within six months of the resolution to do so being passed. To avoid any complications, delays or requisitions by the NSW Land Registry Services (for which they generally charge an additional fee) we have compiled this general guide to assist strata managers in completing the forms required to be lodged.
- NSW: Who Pays the Fire and Rescue Call Out Fee? - Question: Our tenant set off the common property fire alarm. The Fire Brigade attended and charged a $1,760 call out fee. Are we expected to pay?
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