Buying guide
How much are body corp fees?
A look at the average cost and the factors that affect it
AI summary
When buying an apartment or townhouse, expect body corporate fees averaging $4,000-$6,000 annually. These cover shared costs like insurance, building maintenance, and amenities such as pools or lifts.
The building's age and facilities influence the final amount. Before purchasing, it's crucial to review the body corporate's financial health and long-term plans to avoid surprise special levies for major repairs. This due diligence helps prevent unexpected future costs and ensures the property is well-managed.
How much are body corp fees?
What do body corp fees pay for?
How are body corp fees set?
Most apartments have body corporates.
How are body corp fees charged?
What influences body corporate fees?
As an apartment owner you're automaticallu a member of your body corp.
What to know when buying a home with body corporate
What are special levies?
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