Understanding the differences between strata management and property management

Understanding the distinction between strata management and property management is crucial for property owners and residents in Perth. At Oakfield we provide comprehensive services tailored to the unique needs of strata communities.

Strata Management: Oakfield’s Expertise

Strata management involves overseeing the collective interests of all owners within a strata scheme, focusing on the maintenance and administration of common areas and ensuring compliance with relevant regulations. At Oakfield, our strata managers are responsible for:

  • Coordinating maintenance and repairs of shared spaces such as foyers, gardens, and hallways.
  • Managing financial aspects, including budgeting, issuing levy notices, and collecting levies.
  • Ensuring compliance with Western Australia’s Work Health & Safety regulations.
  • Organising and facilitating meetings like Annual General Meetings (AGMs) and committee meetings.
  • Maintaining records, distributing meeting minutes, and handling correspondence.
  • Mediating disputes between residents or owners and the strata committee.

Our goal is to create harmonious and well-maintained communities by providing proactive and transparent strata management services.

Property Management: Individual Lot Focus

In contrast, property management pertains to the management of individual units or lots, primarily focusing on the relationship between landlords and tenants. Property managers are tasked with:

  • Marketing properties and conducting tenant screenings.
  • Managing lease agreements and rent collection.
  • Handling maintenance and repairs within the individual unit.
  • Conducting routine inspections and ensuring tenant compliance with lease terms.

While property managers concentrate on individual properties, strata managers like Oakfield oversee the broader community aspects, ensuring the smooth operation of shared facilities and compliance with strata laws.

Clarifying Responsibilities

Determining whether an issue falls under strata or property management can sometimes be confusing. As a general guideline:

  • Issues within the interior of an individual unit (e.g., leaking taps, appliance repairs) are typically the responsibility of the property manager or owner.
  • Concerns related to common areas (e.g., roof leaks affecting multiple units, malfunctioning lifts) fall under the purview of the strata manager.

Choose Oakfield for Professional Strata Management in Perth

Oakfield is committed to delivering exceptional strata management services across Perth. Our experienced team understands the intricacies of strata living and is dedicated to enhancing the value and functionality of your property.

Partner with Oakfield to experience a proactive, transparent, and community-focused approach to strata management.

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