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 for the upkeep of common areas. These typically range from $4,000 to $6,000 annually, covering insurance, maintenance, and shared amenities like pools or lifts.
Factors like building age and the number of facilities influence the cost. Before purchasing, it is crucial to review the body corporate's financials, meeting minutes, and long-term maintenance plan to avoid surprise costs like 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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