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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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Strata Legislation NSW: Top 5 Ways the New Strata Reforms will Impact Your Life.
Adrian Mueller, J S Mueller & Co Lawyers
Adrian shares his ‘Top Five’ laws that will be affecting you:
- The way owners will be able to vote at strata meetings.
- Prohibition on proxy farming.
- The streamlining of the renovations process.
- Ability of Owners Corporations to put an end to undesirable habits.
- Clarification on ability to remove abandoned goods.
Adrian also addresses the changes to body corporate fines.
Most Recent NSW Strata Legislation Articles
- NSW COVID-19: Should Owners Corporations & Community Associations Prohibit Use of Their Recreational Facilities? - On the basis of simple common sense and a desire to assist the community at large, owners corporations and community associations in NSW should temporarily close down any games rooms, indoor recreation facilities etc.
- NSW: Q&A Short Term Letting, Airbnb and Coronavirus - Question: We have a lot owner who short term lets their unit on Airbnb. Most residents in the complex are elderly and we are concerned about Coronavirus. What can we do?
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