@SMO said:
How about 0.005 – 0.007% for unit value range to annual levy ratio.
That is our ratio of average unit sale price to annual levy.
And our levies are probably too high given the self-managment seems to be a little wasteful due to being exceedingly naive as well as the admin budgeting being excessive.
I find the figure being quoted interesting.
Average property price is about $200k at the moment, levy is a touch over $1000.
So those with property in the $300k range have a much better ratio than those in the $80k range given every unit has the same unit entitlement.