High hopes, low quality: special levies and repairs plague new apartment owners
Up to 60 per cent of new apartments in Australia are riddled with construction flaws including cracked foundations, water leaks, balcony defects and flammable cladding.
Research by campaigners Australian Apartment Advocacy warned that shoddy workmanship in apartments had sparked a groundswell of special levies.
There had also been an explosion in owners being stung with bills totalling tens of thousands of dollars to fix faults or for urgent maintenance works after purchasing apartments, leaving some on the brink of financial ruin.
“People are saving up to buy a one-bedroom apartment because that’s all they can afford, and now they’re copping this,” the group’s director, Samantha Reece, said.
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