If you’re thinking about buying an apartment, townhouse, or villa in Perth, you’re likely looking at a strata title property. With over 325,000 strata properties across Western Australia, this form of ownership has become increasingly common as our city grows and land becomes more valuable. Understanding strata title is essential before you make a purchase decision.
Understanding Strata Title Ownership
Strata title means you not only own your unit or apartment, but you also share in the ownership of the common property and land the complex sits on. Strata is a type of property ownership that includes individual ownership of parts of a parcel of land (lots) and shared ownership of other parts of the parcel (common property).
Types of Strata Properties in Perth
- Apartments and units
- Townhouses
- Villas
- Commercial offices
- Retail shops
- Warehouses and factories
The key characteristic is that multiple owners share responsibility for common areas while maintaining individual ownership of their specific lot.
How Strata Works in Western Australia
All strata properties registered as strata titles at Landgate are subject to the Strata Titles Act 1985, which governs how these properties operate in our state.
The Strata Company
When a strata scheme is created, a strata company is automatically formed. This isn’t a business in the traditional sense; it’s the collective body of all lot owners working together to manage the property.
In Western Australia, each lot owner has the right to vote on decisions affecting the strata titles scheme. Equally, owners have responsibilities, like sharing the costs for the upkeep of the common property.
The Strata Council
The strata council acts as the decision-making body for the strata company. Council members are elected by lot owners and handle the day-to-day management decisions for the property.
Bylaws
Every strata scheme operates under bylaws: rules that govern how owners and occupiers can use their lots and the common property. These might cover everything from pet ownership to noise restrictions, parking arrangements to renovation approvals. Bylaws exist to ensure harmonious living and protect everyone’s investment in the property.
Your Rights and Responsibilities as a Lot Owner
Your Rights Include
- Voting on strata company decisions
- Using and enjoying the common property
- Having your voice heard at general meetings
- Accessing strata company records and financial statements
Your Responsibilities Include
- Paying strata levies to cover common property maintenance and administrative costs
- Following the scheme’s by-laws
- Maintaining your own lot
- Contributing to decisions about the property’s management
The Role of Professional Strata Management
Lot owners in a strata scheme may appoint a strata manager and should ensure they understand the manager’s legal obligations and contractual responsibilities. This is where we come in. Our professional strata management removes the administrative burden from lot owners and strata councils, ensures compliance with WA legislation, and manages everything from finances and levy collection to maintenance and records, giving you complete peace of mind.
What to Consider Before Buying Strata
Purchasing a strata property requires additional due diligence compared to buying a standalone home. You should review:
- The strata company’s financial statements and reserve fund balance
- Minutes from recent annual general meetings
- Current and proposed levies
- The scheme’s by-laws and any restrictions
- Any outstanding maintenance issues or upcoming major works
- The building’s insurance coverage
Navigating strata ownership doesn’t have to be complicated. Our team specialises in making strata management straightforward and stress-free for Perth property owners. With our local Perth knowledge and personalised service, you’ll always know exactly what’s happening with your property. Contact Perth Strata Co. today to find out how we can help.
