Not being familiar with WA strata law, I would guess – and it is a guess – the answer to your question is no, you don’t exclusively own the land under your house.
Thinking of digging a cellar … or opening a mine?
The real question is, however, why your unit entitlements are 1 to 1 when they probably should be 92/194 and 102/194 (47.4% and 52.6%) especially since your neighbour wants the land divided that way.
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