There are seven 2 storey town houses, no facilities such as pool, tennis court, gym etc. Payments at the moment are $470 admin, $260 sinking fund per quarter, so $730 approx. Do you think our fees are too high? What can we do to lower the fees etc? – Mel, QLD

Q: There are seven 2 storey town houses, no facilities such as pool, tennis court, gym etc. The only regular work is a person who mows the common grass areas ie council strip and grassed area approx .3.5m x 3.5m. No further regular upkeep is completed & no facilities. Payments at the moment are $470 admin, $260 sinking fund per quarter, so $730 approx.

The last two sales of the properties have been approx $265000, a third is listed for sale at $269000. Paying currently $2920 annually. The range I believe should be annually is $807 – $1883. Do you think our fees are too high? What can we do to lower the fees etc?

A: In addition to the available facilities, number and dimensions of properties, there are a number of factors that could affect the strata fees of a property. You need to take into account things like the insurance requirements for the property, age and condition of the building, security and maintenance requirements, to name a few.

To give you a more accurate view of the recommended fee range, we need to have a lot more information about the building. If you’d like to discuss the matter further and gain greater insight, try our free strata assessment service.