That strata report could save you from a $50,000 mistake. If you can understand it.

StrataChecks reads your NSW strata report and tells you exactly what's wrong with the building — hidden levies, underfunded repairs, active lawsuits — in 60 seconds. So you can buy with confidence or walk away before it's too late.

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You just got a 60-page PDF from your conveyancer. Now what?

Your conveyancer sent you the strata report. You opened it. You saw 60 pages of meeting minutes, financial statements, insurance schedules, and maintenance logs written in language that seems specifically designed to obscure what's actually going on.

You're trying to figure out if this building is financially healthy or a money pit. But you're not an accountant. You're not a strata manager. You're someone trying to buy a home, and you have 5 days before the cooling-off period ends.

So you skim the first few pages, try to make sense of the balance sheet, maybe google "what is a capital works fund" — and then you give up and tell yourself it's probably fine.

Here's the problem: it might not be fine.

That building might have $200,000 in deferred maintenance and a capital works fund that's 40% underfunded. There might be active litigation against the builder. The owners corporation might be about to vote on a special levy that'll cost you $15,000 six months after settlement.

All of that information is in the strata report. But it's buried across dozens of pages, in tables and minutes and footnotes that take a professional hours to properly assess.

Two steps. Sixty seconds. Actual answers.

1

Upload your PDF

Drag and drop the PDF your conveyancer sent you. We accept inspection reports, Section 184 certificates, and strata search documents from any NSW provider. No sign-up, no payment, no credit card.

2

Get a clear verdict

Green, amber, or red for each risk area. Plain-language explanations of what the numbers mean. No jargon.

Seven questions every buyer should ask about a building.

We answer all of them.

1

Will you get hit with a special levy?

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2

Is the building falling apart faster than they're saving for it?

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3

Are other owners not paying their levies?

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4

Is the building caught up in a lawsuit?

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5

Is the building properly insured?

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6

Does the building have enough cash to operate?

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7

Is the strata management stable?

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Your building vs. 88,083 others

A single number on a balance sheet means nothing without context. Is $150,000 in a capital works fund good or bad? It depends on the building's age, size, location, and what work is coming up. StrataChecks benchmarks your building's financials against 88,083 NSW strata plans — the most comprehensive dataset of strata scheme data available.

Where your building ranks

Is this levy amount normal for a 15-year-old building in Parramatta with 40 lots? We can tell you, because we've seen thousands like it.

What "normal" looks like

You've read one strata report in your life. We've processed data from 88,083 plans. We know what healthy looks like.

Trends heading the wrong way

Rising arrears, stagnant capital works contributions, increasing premiums — benchmarking makes these patterns visible.

"I'll just upload it to ChatGPT"

You could — plenty of people do. You'll get a reasonable-sounding summary that might miss critical details, applies no consistent evaluation framework, and has no idea whether the numbers in your report are normal or alarming.

Consistent analysis
ChatGPT
Different answer every time you ask
StrataChecks
Same structured thresholds, every report
Benchmarking
ChatGPT
No reference data
StrataChecks
88,083 NSW strata plans
Risk thresholds
ChatGPT
Subjective judgments
StrataChecks
Defined financial thresholds with green/amber/red
Strata knowledge
ChatGPT
General-purpose AI
StrataChecks
Purpose-built for NSW strata reports
Reliability
ChatGPT
Hallucination risk
StrataChecks
Structured extraction tied to your document

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Because a decision worth hundreds of thousands shouldn't cost you anything to get right.

Free

Every Report

Full analysis across all 7 risk categories with benchmarking against 88,083 NSW strata plans. No payment, no account, no catch.

Analyse a Report →

Every report includes all 7 risk categories, full benchmarking, and plain-language explanations — completely free.

See what you get

Every analysis covers 7 risk categories with specific financial thresholds. Here's what a real report looks like — toggle between a healthy building and a troubled one.

Sample: Troubled 42-lot building
HIGH RISK
Identified 4 concerns: 3 high-priority, 1 moderate. Significant financial and legal risks detected.
Total Lots
42
Quarterly Levy
$2,200
Admin Fund
($15,000)
Deficit
Capital Works
$38,000
Building Insurance
$12,500,000
Unpaid Levies
$180,000

Detailed Assessment

Capital Works Fund🚨
$905/lot
Critically low reserves
Well below the $1,000/lot critical threshold. Major repairs will require special levies.
Levy Collection🚨
18.5% unpaid
$180,000 outstanding
High arrears suggest collection problems or financially stressed owners.
Legal Risk🚨
Active litigation
NCAT defects dispute with builder
Active legal proceedings are costly and outcomes unpredictable.
Insurance Coverage⚠️
$297,619/lot
May be underinsured
Coverage may be insufficient for full replacement. Verify with your conveyancer.
Special Levies⚠️
$420,000 active
2 special levies in progress
Additional costs on top of regular levies. Ask about timing and amounts.
Operating Reserves🚨
Deficit
Admin fund in deficit
Negative balance means the building cannot cover day-to-day operating costs.

Items Requiring Attention

🔴Capital Works Fund
Only $905/lot in capital works fund
Critically low capital reserves. Major repairs will require special levies.
Impact: High risk of unexpected special levies for urgent repairs (roof, lift, facade)
🔴Levy Collection
18.5% of levies unpaid ($180,000 outstanding)
High arrears suggest collection problems or financially stressed owners.
Impact: Strata may struggle to meet obligations; levy increases likely to compensate
🔴Legal Risk
Active NCAT dispute with builder re: structural defects
Legal disputes are costly and outcomes are unpredictable.
Impact: Potential special levies for legal costs; property value may be affected
🔴Operating Reserves
Admin fund in deficit (-$15,000)
The building is spending more than it collects in levies.
Impact: Risk of cashflow crisis; may need emergency levies for routine expenses
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Free. Same detailed analysis as above, for your building.