It is no surprise that the apartment lifestyle is gaining more popularity among many Australians nowadays.

Amid the housing affordability crisis, a strata title property poses as a more convenient and affordable alternative to home ownership and property investment.

The catch?  Prospective buyers often have no idea of the information they need prior to purchasing.

Amanda Farmer, strata lawyer and the host of Your Strata Property podcast, joins us today to talk about what property buyers should expect from buying into a strata complex, from villa units to townhouses. 

We discuss everything strata owners wish they knew prior to their purchase–the rules in a strata complex, building repairs and maintenance, the strata committee and their functions, and more!

If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at questions@theelephantintheroom.com.au!

See you in the episode!



Episode Highlights:
The number of owner occupiers and tenants in a strata complex [02:10]
Repairs and maintenance of the common property [08:33]
Rules strata owners need to comply with [14:43]
The two stages in the conveyancing process [22:50]
Strata committee: who are they and what power do they have? [26:17]
The affordability of apartment living [31:25]
What strata owners wish they knew before purchasing [35:21]
The new New South Wales builder rating system  [34:45]
Checking your unit entitlement [45:28]
Sustainability infrastructure in apartments [48:25]



About our Guest:

Amanda Farmer is a strata lawyer and the host of Your Strata Property. As a Fellow and Council Member of the Australian College of Strata Lawyers, Amanda advises and represents owners, buildings, developers, strata management companies and local councils.



Links from the show:
Your Strata Property (https://yourstrataproperty.com.au/)
Your Strata Property Podcast (https://apple.co/3elgPpo) 
Episode 25 | What hidden dangers can lurk in brand new apartments?  (https://www.theelephantintheroom.com.au/podcasts/025)
Episode 103 | Strata owners - rights & obligations (https://www.theelephantintheroom.com.au/podcasts/103)
Episode 151 | The Supreme Court’s pet showdown on strata property by-laws (https://www.theelephantintheroom.com.au/podcasts/151)



Connect with Us:
Looking for a Sydney Buyers Agent? www.gooddeeds.com.au
Work with Veronica: https://linktr.ee/veronicamorgan
Looking for a Mortgage Broker? www.wealthful.com.au
Work with Chris: hello@wealthful.com.au
Send in your questions to: questions@theelephantintheroom.com.au



Find this episode on our website:

https://www.theelephantintheroom.com.au/podcasts/250



If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!

It is no surprise that the apartment lifestyle is gaining more popularity among many Australians nowadays.
Amid the housing affordability crisis, a strata title property poses as a more convenient and affordable alternative to home ownership and property investment.
The catch?  Prospective buyers often have no idea of the information they need prior to purchasing.
Amanda Farmer, strata lawyer and the host of Your Strata Property podcast, joins us today to talk about what property buyers should expect from buying into a strata complex, from villa units to townhouses. 
We discuss everything strata owners wish they knew prior to their purchase–the rules in a strata complex, building repairs and maintenance, the strata committee and their functions, and more!
If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at questions@theelephantintheroom.com.au!
See you in the episode!
 
Episode Highlights:
<ol>
<li aria-level="1">The number of owner occupiers and tenants in a strata complex [02:10]</li>
<li aria-level="1">Repairs and maintenance of the common property [08:33]</li>
<li aria-level="1">Rules strata owners need to comply with [14:43]</li>
<li aria-level="1">The two stages in the conveyancing process [22:50]</li>
<li aria-level="1">Strata committee: who are they and what power do they have? [26:17]</li>
<li aria-level="1">The affordability of apartment living [31:25]</li>
<li aria-level="1">What strata owners wish they knew before purchasing [35:21]</li>
<li aria-level="1">The new New South Wales builder rating system  [34:45]</li>
<li aria-level="1">Checking your unit entitlement [45:28]</li>
<li aria-level="1">Sustainability infrastructure in apartments [48:25]</li>
</ol>
 
About our Guest:
Amanda Farmer is a strata lawyer and the host of Your Strata Property. As a Fellow and Council Member of the Australian College of Strata Lawyers, Amanda advises and represents owners, buildings, developers, strata management companies and local councils.
 
Links from the show:
<ul>
<li aria-level="1">Your Strata Property (<a href="https://yourstrataproperty.com.au/">https://yourstrataproperty.com.au/</a>)</li>
<li aria-level="1">Your Strata Property Podcast (<a href="https://apple.co/3elgPpo">https://apple.co/3elgPpo</a>) </li>
<li aria-level="1">Episode 25 | What hidden dangers can lurk in brand new apartments?  (<a href="https://www.theelephantintheroom.com.au/podcasts/025">https://www.theelephantintheroom.com.au/podcasts/025</a>)</li>
<li aria-level="1">Episode 103 | Strata owners - rights &amp; obligations (<a href="https://www.theelephantintheroom.com.au/podcasts/103">https://www.theelephantintheroom.com.au/podcasts/103</a>)</li>
<li aria-level="1">Episode 151 | The Supreme Court’s pet showdown on strata property by-laws (<a href="https://www.theelephantintheroom.com.au/podcasts/151">https://www.theelephantintheroom.com.au/podcasts/151</a>)</li>
</ul>
 
Connect with Us:
<ul>
<li aria-level="1">Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au/">www.gooddeeds.com.au</a></li>
<li aria-level="1">Work with Veronica: <a href="https://linktr.ee/veronicamorgan">https://linktr.ee/veronicamorgan</a></li>
<li aria-level="1">Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/">www.wealthful.com.au</a></li>
<li aria-level="1">Work with Chris: <a href="mailto:hello@wealthful.com.au">hello@wealthful.com.au</a> </li>
<li aria-level="1">Send in your questions to: <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a> </li>
</ul>
 
Find this episode on our website:
<a href="https://www.theelephantintheroom.com.au/podcasts/250">https://www.theelephantintheroom.com.au/podcasts/250</a>
 
If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!

Who's really in control when you buy a property?

The Elephant In The Room is where the things that no one wants to talk about, actually get talked about.  

Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate.

Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property.

In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session.

The plan? This property podcast has been created to help us all make better property decisions!

We talk about the things no one wants to talk about in the Property Market

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