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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: Why it is Important to Pay your Strata Levies on Time: Consequences for Late or Non-Payment - There is a strict statutory obligation for lot owners to pay and pay on time. If contributions are not paid on time or at all, the consequences can be expensive and severe.
- NSW: Dealing with apartment defects: a how-to guide for strata owners and buyers - It’s essential to have access to good guidance on dealing with defects in strata properties – but this isn’t always easy to find. UNSW worked with the Strata Community Association (NSW) to produce a free guide to rectifying defects.
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