How can strata building management in Sydney improve the lifespan of strata properties?

There’s no denying that strata properties have become very popular in Australia. In New South Wales alone, more than 70% of the new residential buildings built were strata properties. That’s not all—there are over 1.12 million strata residents in New South Wales and the trend doesn’t seem to be slowing down.

What this means today is that strata properties are starting to pop up everywhere and there’s a lot of competition in the industry. As a strata committee member, you need to ensure that your strata property stands out from the competition to attract new residents.

One of the best ways to do this is by showcasing the long-term value and security of your strata property. After all, buying a strata property is a long-term investment and nobody would want their investment to depreciate over time.

To improve the lifespan of your strata property and its long-term value, and provide a better quality of life to your existing and new residents alike, investing in strata building management in Sydney is a good place to start.

Let’s take a deeper look into how strata building management in Sydney enables this.

By conducting building condition assessments and providing valuable insights

Non-conforming building products and design, construction defects, and poor risk management are some of the primary reasons why many strata properties depreciate faster than usual. When these go unnoticed, your strata property can become a health and safety hazard for strata residents.

This means that to improve the lifespan of your strata property, you need to evaluate your strata scheme. This helps ascertain the risk factors that can cause significant damage to the structure of the building as well as the living experience of strata residents.

But it can’t be done without the support of experienced professionals. Enter strata building management service providers.

They would know what to look for when assessing the condition of your property and provide insights on what needs to be improved to prolong its lifespan, allowing you to take measures to address these issues.

Combined with building management analytics, these building condition assessments can help you identify new opportunities to improve the performance of your strata scheme. 

By coordinating repairs and maintenance projects

Identifying defects is only half of the job of improving the lifespan of strata properties. Identified defects or issues need to be addressed as soon as possible to ensure that the damage doesn’t worsen over time.

This is an area strata building management companies specialise in.

By leveraging the data they collected through the building condition assessment and with the help of innovative technologies like building management systems, they can help develop bespoke maintenance and repair schedules that remedy the identified issues and also ensure that any potential defects are identified very early.

Their service doesn’t just stop there. They can provide you with maintenance personnel to look after your building and facilitate the procurement of advanced repair services if needed. 

They can also help oversee the repair projects, so you can sit back and relax without having to micromanage every maintenance and repair operation.

Building management systems used by strata building management companies can also give you full visibility into how your property is functioning, helping you make more informed, data-driven decisions.

By managing vital building maintenance information

Managing strata properties requires streamlined management of relevant paperwork to avoid costly mistakes. Record-keeping about due maintenance and repairs, for example, helps you keep track of building maintenance responsibilities. 

That said, having all your documentation streamlined and accessible at all times is no easy task. With disparate systems and various maintenance and repair contracts, it can quickly become a time-consuming process.

If you work with strata building management service providers, however, they can help you schedule and track the delivery of repairs and maintenance, which means you can keep tabs on everything about the building’s condition.

In addition, professionals delivered by the building management company you partner with can help manage all the essential paperwork related to compliance efficiently and make sure compliance requirements are met on time.

This means your property is in optimal condition, which is a good thing for the longevity of your strata property. 

Invest in professional strata building management in Sydney to give residents the best strata living experience

Improving the lifespan of your strata property is crucial to ensuring the health and safety of your fellow strata residents and providing them with a peaceful living experience.

Strata building management in Sydney can help in this regard. They can help identify structural, health, and safety issues in your property, coordinate necessary repairs and maintenance, and monitor the condition of your property.