Common property
nouncom·mon prop·er·typronounced KOM-ən PROP-ər-tee
Last reviewed 16 April 2026
What does the noun Common property mean?
The parts of a strata scheme shared by all owners, including lobbies, stairwells, driveways, gardens, pools, lifts, roofing, and external walls. Maintained and insured through strata levies.
How the noun Common property is used
The strata report showed the common property — including the pool, lifts, and car park — was well maintained with no major works planned.
Synonyms
shared property, communal areas
Related words
Cite this entry
MLA citation: "Common property." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/common-property. Accessed 29 May 2026.
Chicago citation: How to Property. "Common property." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/common-property.
APA citation: How to Property. (2026, April 16). Common property. https://howtoproperty.com.au/definitions/common-property