DON'T OVERLOOK CRITICAL SYSTEMS Across the strata industry, the management of physical assets has not advanced as quickly as other areas such as finance or administration. Many strata schemes still have limited visibility over the condition and maintenance needs of their plant and equipment. This often results in reactive maintenance, higher costs, and avoidable compliance risks. A well structured asset register is the foundation of effective building management. Rather than

Risks, inspections and funding pathways for existing schemes Waterproofing defects remain a major issue across WA strata, with independent studies showing high defect rates in apartments. Balconies and terraces are frequent ingress points, and WA’s Building & Energy audits are examining practices. NCC 2025 will tighten waterproofing and water-shedding provisions, but existing schemes still need action now: prioritise inspections, fast-track rectification of known leaks, and u

In today’s commercial strata environment, owners and strata managers face growing complexity in managing risk and ensuring that insurance cover remains appropriate. One often overlooked – yet crucial – aspect of this process is the early identification and disclosure of tenants in commercial strata complexes. Why it matters Insurers assess premiums and coverage terms based on the occupancy of each lot. The type of tenant – whether it’s an office, café, warehouse, or light ind

This article is based on content from The WA Strata Magazine by LookUpStrata, published in July 2025, pages 34-35. For more information, visit The WA Strata Magazine . What you need to know Understanding strata insurance is essential for both strata council members and lot owners. While it's a legal requirement for all strata companies, the type and scope of insurance can vary significantly depending on the nature of the scheme (strata scheme or a survey-strata scheme). This

This article is based on content from The WA Strata Magazine by LookUpStrata, published in May 2025, pages 36-37. For more information, visit The WA Strata Magazine . Buying a Strata Property Purchasing a strata property is different from buying a standalone (freehold) home. In a strata scheme, you own your individual lot, but you also share ownership of common property areas. These can include gardens, external walls, the roof, driveways, lifts and other shared spaces.  With

Sharing the workload at apartment complexes can produce amazing results during major projects such as renovations.