By: Paige Turner, Globe News Daily
So, you’ve just bought your shiny new unit. Congratulations! You’re officially a homeowner—minus, of course, the small matter of those monthly body corporate fees draining your bank account faster than you can say “special levy.”
Wait. What are body corporate fees again? Oh, just a mysterious collection of totally legit charges for essential services like… sweeping leaves, repainting the stairwell once a decade, and—my personal fave—maintaining the pool you never use because it’s always full of screaming kids.
Where Does the Money Go?
Let’s break down a typical body corporate budget:
- Garden Maintenance: $5,000/year.
Actual result: One old guy with a leaf blower showing up twice a month, blowing dirt around, and leaving in 7 minutes flat. - Building Insurance: $10,000/year.
Because that 1982 brick veneer unit is basically the Louvre and needs Fort Knox-level coverage. - Admin Fees: $2,000/year.
Translation: Paying Carol in the office to send passive-aggressive emails about bins left out 3 minutes past collection. - Sinking Fund: $7,000/year.
Apparently saving up for the building’s inevitable collapse in the year 2098. - Pool Maintenance: $4,000/year.
Even if the “pool” is technically just a kiddie splash zone the size of your bathtub. - Lift Maintenance: $15,000/year.
Ah yes, the lift—a magical box that’s always broken when you need it most. But don’t worry, you’re funding “emergency repairs” to make sure it stays stuck between floors in luxury.
Oh, and don’t forget the “miscellaneous” fund—aka where your dreams of financial freedom go to die.
Special Levies: The Plot Twist
Just when you think you’re getting ahead, BOOM—special levy time. Your complex urgently needs new mailboxes because the old ones are “outdated.” That’ll be $2,500 each, thanks.
Or worse: someone dares to suggest “retiling the lobby for a fresh look,” even though the building looks like it stepped straight out of a Soviet fever dream by design.
And heaven forbid the lift needs a full replacement—say goodbye to your next five holidays while you proudly co-fund a shiny new elevator you’ll later be trapped in during a power outage.
The Real Scam? Voting
In theory, you have a voice. In reality? The committee is run by Jeff from Unit 2B, who once did a TAFE course on “Advanced Power Trips” and now lords over everyone like he’s the Emperor of Strata. Your polite objections? Lost in the ether, or shut down with a “we’ve already decided.”
Fun fact: 75% of votes are cast by people who never attend meetings but love complaining about everything in the group chat.
Tips to Survive the Madness
- Make friends with the gardener. He knows everything.
- Attend meetings with snacks. Passive aggression is easier to digest with biscuits.
- Question every expense. Why are we paying $600 for a lightbulb again?
- Don’t get stuck in the lift. But if you do, at least you’ve paid for the privilege.
Final Thoughts: It’s a Legalised Shakedown
Body corporate fees are basically like gym memberships—you’re paying a fortune, and 90% of the time, you have no idea what’s actually going on behind the scenes. The difference? You can cancel the gym.
But hey, at least you’ve got communal bins, mystery levies, and a lift that sounds like it’s haunted by ghosts of past residents. Totally worth it, right?
Leave a Reply