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, you'll likely pay body corporate fees, which average $4,000-$6,000 annually. These fees cover shared costs like insurance, building maintenance, and amenities such as pools or lifts.
The final cost is influenced by the building's age and the number of facilities. Before purchasing, it is crucial to investigate the body corporate's financial health by reviewing its long-term maintenance plan and meeting minutes to avoid unexpected special levies for major repairs.
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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