Community schemes and strata schemes are becoming increasingly popular in urban areas. While they may appear similar at first, they have unique characteristics and purposes.

In competitive markets, properties with impending special levies often linger on the market for weeks or even months longer than those without. For instance, a property that typically sells within 30 days may take an additional 45-60 days to find a buyer when special levies are in play. As a seller, being transparent about the levy and demonstrating how the funds will address essential maintenance can help build trust and drive interest in your property.

Effectively managing a Self-Managed Super Fund can significantly impact reaching your retirement goals. However, it requires attention to detail and adherence to regulations. By setting up your fund correctly, keeping organized records, ensuring compliance, and consulting with professionals, you can enhance your SMSF management.