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Many strata owners only think about capital works funds when a special levy arrives. Unfortunately, by that point, the problem is usually already expensive. With new NSW strata reforms that commenced from 1 April 2026, capital works planning is becoming a much bigger focus across the industry. The changes are designed to improve transparency, encourage long-term planning and reduce the financial shock many owners experience when major repairs arise. So what exactly is changin

Have you ever walked into a strata building and immediately noticed that it simply feels well run? The common areas are clean, communication is clear, maintenance issues are addressed quickly and residents appear more satisfied overall. On the other hand, some buildings can feel disorganised, neglected and constantly reactive. The difference is rarely luck. At Centric Strata, we’ve seen firsthand that well-run buildings typically share several important traits that contribute

For many apartment owners, receiving the annual strata budget or levy notice can come with one big question — why do strata levies seem to increase every year? It’s a common concern among owners across NSW, particularly as the cost of living continues to rise. While levy increases can feel frustrating, they are often a reflection of the real costs involved in maintaining, protecting and future-proofing a strata building. Understanding why levies increase can help owners make

Strata living is often described as “collective decision-making” — but in reality, many owners aren’t quite sure who actually makes the decisions or how those decisions get made. Understanding this isn’t just helpful — it’s powerful. Because once you know how strata decisions really work, you can influence outcomes, protect your investment, and avoid frustration. The three key decision-makers in Strata 1. The Owners Corporation (All Owners) At the highest level, every owner i