Fully funded works — the best decision you'll make #strata #realestate

11 May 2026 · 1 min

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When buying into a strata development with major works underway, the key is whether the work is already fully funded. If costs are covered and no special levy is coming, you get the improvements without unexpected bills.

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There's often a debate about what's good timing to buy into a strata plan, particularly when there's ongoing works. When's a good time? When's not a good time? Should I? Shouldn't I? Essentially, if there's major works planned, that's not necessarily a bad sign. The detail is, has it been financed? Is there a special levy coming? If it has already been factored in, or baked in as some say, why not? You are buying into a program that's already been costed and underway, so you can only derive the benefit of it.