Who is SCA(NZ)?

Strata Community Association (SCA) New Zealand is the leading industry organisation for body corporate and unit title management in New Zealand. Its membership includes body corporate managers, support staff, committee members and suppliers of products and services to the industry. SCA proudly fulfills the dual roles of a professional institute and consumer advocate.

Understanding Strata

Strata or Unit title allows individual ownership of part of a property (called a ‘lot or unit’ and generally an apartment, townhouse or commercial/retail unit), combined with shared ownership in the remainder (called ‘Common Property’ e.g. foyers, driveways, gardens) through a legal entity called the owners corporation — or body corporate, strata company or community association, depending on the type of scheme.

The concept only came into being 50 years ago and there are now more than 270,000 such schemes encompassing more than two million individual lots across Australia. In Sydney, strata now accounts for more than half of all residential sales and leases because of its popularity with investors. An increasing number of commercial and retail properties are also strata titled. In Western Australia there are even strata-titled vineyards. While on a smaller scale, there are currently 2.2 million land titles in New Zealand, with Unit Titles being 8.5% or 184,000 titles; a $40 billion sector!

Developments that can exist under strata plans can be:

• residential

• commercial

• retail

• mixed use – i.e. retail and/or commercial and/or residential

• serviced apartments

• retirement villages

• caravan parks

More Information

SCA(NZ)’s mission is to give expression to the vision of a single voice and identity for the broad strata community in New Zealand.

For more information on SCA(NZ), visit www.strata.community/