Australia: Over a third of new strata buildings require serious repairs (NSW)

/ Owner - October 9, 2021

Of the strata buildings recently constructed across NSW, 39 per cent have serious defects, according to a new report, and the issues are taking an increasingly long time to be repaired.   Research conducted by the Strata Community Association NSW (SCA NSW) has totalled the cost of these building defects, finding that the average price for repairs topped $330,000. Over a third of the study’s respondents reported that defect resolution took 12 months or more.     Read the entire article……………………………….

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