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Strata Report Red Flags

A $5,000/year strata levy can look cheap — until you see a $100,000 potential maintenance liability and $0 in the sinking fund. Tick the risks that apply to see your share.

Maintenance Costs Risks

Before you buy an apartment, you should have the strata report professionally reviewed to reveal potential problems. This tool includes some common examples of risks that can apply to some buildings. If there's not enough in the sinking fund, then the owners will eventually be paying a Special Levy for these repairs.

Liability Summary

Tick the building risks that apply to see your potential liability.

These figures are estimates only and will vary significantly. Always review the body corporate records and seek professional advice before purchasing.
Notice: These calculators, estimators and explainers serve as general guides and are intended for illustrative use only. These calculators do not constitute financial, credit, taxation or investment advice. Because details may be incomplete or subject to change, these calculators, estimators and print version should not be treated as definitive sources of truth. The findings are generated from data provided by you and variables from external sources and assumptions used within the calculators. As such, this information can change frequently and may not always be current. You are responsible for confirming the accuracy, relevance, and completeness of these data points as they pertain to your specific situations. We provide no guarantees regarding the precision of the outputs of any calculators or estimators. Results should be treated as illustrative only and verified with appropriate professional advice. We accept no liability for any loss, damage, or consequence resulting from your reliance on the information they provide.

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