Strata fees
nounstra·ta feespronounced STRAH-tə feez
Last reviewed 16 April 2026
What does the noun Strata fees mean?
Quarterly payments made by owners of apartments, units, or townhouses in a strata scheme. They cover shared costs like building insurance, common area maintenance, and a sinking fund for future repairs.
How the noun Strata fees is used
Before buying the apartment, we checked the strata fees — $1,800 a quarter seemed reasonable given the building had a pool, gym, and full-time concierge.
Synonyms
body corporate fees, strata levies, owners corporation fees
Related words
Cite this entry
MLA citation: "Strata fees." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/strata-fees. Accessed 29 May 2026.
Chicago citation: How to Property. "Strata fees." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/strata-fees.
APA citation: How to Property. (2026, April 16). Strata fees. https://howtoproperty.com.au/definitions/strata-fees