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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: Food Scraps Recycling Trial Extended - The City of Sydney is looking for an additional 100 apartment buildings to take part in a food recycling trial.
- NSW: Time Limitations in Damages Claims for Failure to Maintain and Repair the Common Property: an Update - The provisions providing a right for a lot owner to recover damages from their owners corporation where the owners corporation has breached its duty to maintain and repair its common property provided lot owners make a claim within two years of becoming aware of their loss have been heavily argued since 2015.
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