Why have my strata fees gone up?
The most common drivers are insurance premium increases (often 20–40% in recent years), rising contractor and utility costs, mandatory new compliance requirements, and rebuilding underfunded sinking funds. The strata manager's fee is rarely the biggest driver.
Ask your manager for a year-on-year budget comparison. Look at the line items: insurance, electricity, lift maintenance, fire safety, sinking fund contribution. If insurance has jumped, get the broker to re-tender the policy. If the sinking fund top-up jumped, ask to see the latest 10-year forecast.
By Reviewed by Last reviewed 2026-05-04
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From category: strata-fees