The world of strata can be a difficult sector to navigate, but having the right knowledge can make your investment journey significantly easier. In this episode, host Grace Ormsby is joined by Stephen Brell, the president of Strata Community Association (NSW), to talk about the biggest and latest developments in the strata space and how people looking to invest in the sector should do their due diligence. The duo takes a deep dive into the sector by unpacking the findings of a report on building defects in NSW apartment buildings and the corresponding measures rolled out by the state’s government to tackle different issues affecting strata owners, tenants and managers. With his extensive experience and knowledge of the strata industry, Stephen also gives his interesting take on how the sector has changed over the last two decades and shares details about reforms and green initiatives SCA is currently pushing for. He also provides both the pros and cons of investing in new and/or established residential strata buildings. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.

The state of strata – An investor’s guide