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Minister Ben Wyatt announced at a media conference with Landgate and REIWA that
the new strata regulations will be available for public consultation from 1 September.
REIWA President Damian Collins said the Institute is a strong advocate
for strata reform and are grateful to have had the opportunity to participate
in the reviewing of the act.
anticipated by 2050 the percentage of West Australians living in strata titled
complexes will rise to more than 50 per cent – an increase from around 30 per
cent on today’s level.
“The new strata reforms will ensure
the state can not only adequately accommodate this shift in housing preference
but will also introduce new land development options to drive economic growth.
“This is great news for West Australians who own or live in strata properties as there will be extensive improvements on how strata schemes are managed,”
Mr Collins said.
Lands Minister Ben Wyatt said the reforms will
make strata clearer and fairer for the growing number of West Australians who
own, live or work in a strata property.
consultation has ensured that these changes will resolve the most common issues
people are facing today and deliver a better strata system for the future.
all those interested in what's being proposed in the regulations to get
involved as we look to make these long-awaited changes a reality." Mr
Visit strata.wa.gov.au to see what these changes mean for you.