Buying guide
How much are body corp fees?
A look at the average cost and the factors that affect it
AI summary
When buying an apartment or townhouse, you'll likely pay body corporate fees, which average $4,000 to $6,000 annually but can be higher. These fees cover shared costs for:
- Insurance and utilities
- Building maintenance and repairs
- Upkeep of amenities like pools or lifts
The cost is influenced by the building's age and facilities. Before purchasing, it's crucial to review the body corporate's financials and long-term maintenance plan to avoid unexpected special levies for major works.
How much are body corp fees?
What do body corp fees pay for?
How are body corp fees set?
Most apartments have body corporates.
How are body corp fees charged?
What influences body corporate fees?
As an apartment owner you're automaticallu a member of your body corp.
What to know when buying a home with body corporate
What are special levies?
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