Frequently Asked Questions

What does the Body Corporate do?

Homeowners in most medium density developments hold a STRATA TITLE. As a Strata Title holder you are granted exclusive use of your apartment, villa or townhouse. A STRATA MANAGER manages maintenance and presentation standards of the public areas such as the grounds, walkways, swimming pools and tennis courts. A representative committee of owners within the development is referred to as the BODY CORPORATE.

Body Corporate fees are fully tax deductible. These fees allow for day-to-day maintenance and the development of a SINKING FUND - money set aside for future maintenance.

Latest News

  • July/August 2008 Newsletter

    • Interest rates bite • Interest rates seem certain to fall • Property prices forecast to increase • 1 million homes needed in next 5 years • Global demand for resources supports Australian economy

    Read article

toolbox