More Aussies and Kiwis now living in strata-titled properties

RESIDENTIAL PROPERTY

LIZ JORDAN

AT least one in six Australians – and perhaps more than one in four – now live in strata-titled properties such as...

According to the Australasian Strata Insights Report 2022 from UNSW’s City Futures Research Centre, there has been...

“This increase reflects population growth as well as government policies to promote urban consolidation – that is...

NSW recently became the first state to surpass one million strata lots, with 9% growth in two years. ACT has the highest growth rate with...

This report found conservatively at least 16% of Australians live in strata-titled properties, with 10% of the population in apartments and...

Strata-title property ownership was introduced in Australia in the 1960s. Easthope said strata developments have grown from...

“In 2023, people value access to work, shopping, entertainment and recreational amenity more than any other time in our history, and...

“Strata living serves as both a preferred housing choice for discerning owners wanting best in class location and amenity and...

Nearly half (47%) of strata-titled tenants rent, 12% own outright, 16% own with a mortgage, while 17% are unoccupied...

Half of Australia’s strata building stock was built before the year 2000, highlighting a need for retrofitting...

Australia’s strata properties have a total insured value across schemes of $1.257 trillion....

There were nearly 4.7 million callout jobs in 2021, with plumbing, gardening and electrical jobs the most common...

Across the ditch, New Zealand has 164,246 lots across 15,180 schemes, putting it somewhere between South Australia and...

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