› Flat Chat Strata Forum › Levies and Unit Entitlements › How do you guesstimate levies? › Current Page
I have a townhouse in a NSW regional city. 22 townhouses in total all single level and all either 2 or 3 bedrooms. Units of Entitlement are all quite similar – either 46 or 48. No pool, no lifts, just plenty of open space, so our main cost is gardening care – mainly lawn mowing and a little pruning in winter.
The townhouses are valued around the low $400,000 mark, depending on number of bedrooms, location of carport (either attached or in a “group of carports” not attached). As the property was built in the early 1980s, any interior renovation also affects the value.
Our levies are under $2200 per year, so about 0.5%. And we have adequate sinking funds, and the townhouses are well maintained.
Now, this is of little use to you except to say that the levies can vary quite dramatically between strata complexes.