I’m not sure this is such a good change. Not sure what the cut off is for ‘older’ buildings however once a building reaches 10 years, it is going to need ongoing maintenance to ensure the value of your asset is maintained. That means spending money to ensure a well kept, clean and safe environment. My fear is that (take a Sepp5 Strata for over 55’s for example). Very often, the people who buy into these complex’s do not have the monetary means to afford additional monies for sinking funds or special levies. They figure that by the time the complex needs expensive maintenance, they will have already sold and not have to put in monies for future owners to get the benefit from. As long as the sinking fund is ‘sufficient’ and they sell prior to any obvious repairs being required, they should clear a tidy sum in capital gain leaving the new owner with the prospect of having to outlay for special levies for unattended repairs. Yes, you can have a building inspection done but it does not always uncover well hidden problems. I guess I am playing devils advocate here but it is worth considering yes?