EP. 1697 - WHY ARE MY STRATA LEVIES SO EXPENSIVE?

From The PROPERTY DOCTORS, Sydney Australia Novak Properties by Mark Novak, Lisa Novak, Billy Drury, Michael Burgio, Cleo Whithear, Stankovic, Stevan Bubalo, Bidhan Shrestha, Thomas Sims, Jonathan Vescio, Harry Lorcas, Josh Wapshott and guests

July 6, 2026 · 14 min · Season 55 · Episode 1697

About this episode

The episode discusses the reasons behind the increase in strata levies and what they cover.

💰 Why have strata levies increased so much? Many buyers see higher strata fees and immediately think they're paying too much. But here's what those levies actually cover: 🏢 Building insurance 🧹 Cleaning & maintenance 🌿 Gardening 🔥 Fire compliance 💡 Common area electricity 🔧 Repairs & maintenance 🏗️ Capital works fund for future building upgrades Over the past 20 years, the cost of running apartment buildings has increased dramatically. Building insurance, maintenance, compliance, and ...

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