Each strata is so unique. In my opinion, the question shouldn’t be “are our levys too high or too low?” but “are our levys appropriate to maintain and keep the property in good condition?”
In NSW each strata has to prepare and update a 10 year forward plan. This is basically a cash flow analysis of levys vs expenditures. This 10 year plan is the best thing I have seen to answer the question: are our levys appropriate to maintain and keep the property in good condition?