27/08/2026
π‘ Buying a Strata Property? Donβt Skip the Strata Report!
If you're purchasing a unit, townhouse or other strata property, a Contract review is important but it doesn't necessarily tell you everything about what's happening within the strata scheme.
A strata report can provide valuable information about:
π° The financial position of the Owners Corporation
π¨ Planned or upcoming major works
π΅ Special levies that may be proposed or payable
π’ Building defects and maintenance issues
π Minutes from previous meetings
βοΈ Disputes or other issues affecting the scheme
That beautiful apartment can look perfect at an inspection, but the strata records may tell a very different story.
For this reason, we highly recommend obtaining and reviewing a strata report before committing to the purchase.
π Buying a strata property? Contact FAA Conveyancing before you sign the Contract.