The NSW Strata Time Capsule: What’s Changed Since 2018?
New South Wales commands Australia’s largest and most mature strata sector, where aging infrastructure, reform-heavy legislation, and a highly skilled workforce converge to shape the future of apartment living. As outlined in the Australasian Strata Insights Reports (2018–2025), the state combines legacy infrastructure with evolving governance to meet the needs of a complex and deeply rooted strata landscape.
New South Wales boasts the largest strata market in Australia, with over 1,070,000 lots across 135,788 schemes as of July 2024. Approximately 17% of the state’s residents live in strata-titled properties.
Here are the key takeaways from the reports:
Aging Infrastructure
Over 55% of strata schemes were established before 2000, indicating a significant portion of the building stock may require substantial maintenance and upgrades.
Regulatory Reforms
The Strata Schemes Management Act 2015 introduced over 90 reforms aimed at enhancing governance, including measures to address construction defects and improve dispute resolution mechanisms.
Professional Workforce
The strata industry in New South Wales employs 1,259 full-time strata managers and 854 other staff, reflecting a well-established professional sector.
Explore the national and state specific comparisons:
Tarnee Lamb
Business Development Manager
