Thinking about joining your strata committee? Here’s why you should take the leap

With the increasing popularity of apartment living and the desire to be close to amenities, as many as 1 in 5 Australians now reside in properties under a strata title.

Nationally, there are 340,601 strata schemes, with 2,869,845 lots, resulting in an average of 8.4 lots per strata scheme, according to data in the June 2020 Australasian Strata Insights Report.

As a member of a strata community, you have the opportunity to participate in crucial decision-making processes, contribute to community wellbeing, and reap personal benefits. 

So, if you’ve been pondering joining your strata committee for a while, here are four clear reasons why you should bite the bullet and start making a difference. 

Foster a stronger community

Serving on a strata committee offers an excellent opportunity to connect with your neighbours and forge meaningful relationships. By actively participating in community initiatives, organising social events, and engaging in decision-making processes, you can cultivate a sense of camaraderie and create a cohesive living environment. Your involvement contributes to building a stronger and more vibrant community.

By organising regular community events such as barbecues, picnics, or festive celebrations, you create opportunities for neighbours to interact, socialise, and form lasting connections. These interactions build trust, enhance social cohesion, and establish a supportive network within the complex.

Safeguard your investment

Property ownership is a significant investment, and being part of your strata committee allows you to play an essential role in protecting and enhancing its value. By actively overseeing property maintenance, adhering to high standards, and ensuring efficient financial management, you can help safeguard your most valuable asset. A well-maintained property not only ensures your own comfort but also attracts potential buyers, enhancing the resale value of your property.

By participating in budget planning, financial decision-making, and expenditure oversight, you contribute to ensuring that financial resources are allocated wisely and transparently. This diligent approach to financial management instils confidence in residents and potential buyers, assuring them that their investments are being protected and managed responsibly.

Advocate for your interests

Joining the strata committee empowers you to advocate for issues that align with your values and benefit your community. Whether it involves championing sustainable initiatives, advocating for improved building maintenance, or driving effective community management, your voice and contributions can shape the future of your complex. 

As a committee member, you have the opportunity to make a positive impact on the environment, address concerns that impact residents’ well-being, and create a more desirable living environment for everyone.

By advocating for initiatives such as energy-efficient lighting, waste reduction, or water conservation measures, you contribute to creating a greener and more environmentally conscious community. These initiatives not only benefit the environment but also have the potential to reduce ongoing costs and promote a sense of shared responsibility among residents.

Expand your knowledge and expertise

Participating in a strata committee provides a valuable learning experience. You gain insights into property ownership, administration, and the intricacies of strata living. This knowledge not only benefits you personally but also equips you to pass on valuable information to younger generations within your family. 

Additionally, should you decide to sell your property in the future, having a deep understanding of strata management can give you a competitive edge and help you navigate the process more effectively.

Joining your strata committee offers a wide range of clear advantages, both for your personal interests and the wellbeing of your community. By actively participating in decision-making processes, fostering community cohesion and advocating for causes that matter, you can make a meaningful impact on your strata complex. 

Take this as your sign to contribute and be part of the positive changes that shape your strata community, ensuring a thriving and enjoyable living environment for all.