Are My Fees Worth It?
Evaluate your body corporate fees and get personalized recommendations
Step 1: Calculate Your Annual Cost (Optional)
Step 2: Positive Value Factors
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Step 3: Negative Value Factors
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Marginal Value
Your fees provide marginal value. It's worth reviewing whether this property still suits your needs.
Recommended Actions:
- •Carefully review your body corporate statement for excessive charges
- •Attend the next AGM and ask questions about fee increases
- •Compare fees to similar buildings - are yours significantly higher?
- •Consider whether a different property type might better suit your lifestyle
- •If renting out, factor in whether fees are eating into returns
Understanding Your Score:
Next Steps:
- Use our comparison tool to compare your fees to similar buildings
- Request your body corporate statement if you don't have a recent one
- Review the detailed breakdown of what you're paying for
- Attend your next AGM to understand planned fee changes
- Read our full guide: "Are Body Corporate Fees Worth It?"
This assessment is for informational purposes only and should not be considered financial, legal, or property advice. Always consult qualified professionals including financial advisors, solicitors, and property experts for advice specific to your circumstances.
Want More Detail?
This assessment gives you a quick evaluation. For comprehensive guidance on evaluating your fees, including detailed cost comparisons and strategies to improve value:
Read the Full Guide →Explore our other free body corporate assessment tools:
View All Checklists →How to Evaluate Whether Your Body Corporate Fees Are Worth It
Body corporate fees in Australia range from under $2,000 to over $30,000 per year depending on the building's size, age, amenities, and location. Saying fees are "too high" or "good value" without context is meaningless. A $10,000 annual levy in a well-maintained building with a pool, gym, and healthy sinking fund can represent better value than a $4,000 levy in a building with chronic maintenance issues and an underfunded reserve.
The right question isn't whether the dollar amount is high or low - it's whether what you're getting for that money represents fair value relative to your alternatives and the building's actual financial position.
To get the most accurate result, have your most recent levy notice and body corporate financial statements on hand. Your annual levy notice shows the split between the administrative fund and sinking fund contributions.
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