Compare strata buildings across Victoria MLS Board on reserve funds, levies, insurance, water risk, bylaws, and EV readiness. See what's typical before reviewing a specific building.
How to use this page
Check the money
Reserve fund, special levies, and insurance deductibles.
Check the building condition
Water history, repairs, and age-related patterns.
Check the rules and lifestyle fit
Pets, rentals, EV charging, and key rules.
Source: StrataReports. If you reference this data, please link back to this page.
Strata Costs
Reserve funds, levies, and deductibles help show future cost pressure.
Contingency Reserve Fund (CRF)
The typical Victoria strata building holds $5,154 per unit.
BUILT Pre-2000
$9,017 per unit
BUILT 2000–2015
$4,781 per unit
BUILT 2016+
$2,825 per unit
A lower reserve can reflect recent major work, not poor management.
Special Levies
One-time charges for major repairs or projects.
Had a special levy in ~2 years
24%
Based on 70+ samples.
What each unit typically pays
$1,071 per special levy
Range: $337 - $4,103
How often levies are approved
79%
About 21% are voted down.
A levy can mean the strata is fixing a problem, not ignoring one.
Insurance
Typical strata insurance deductibles in Victoria.
Typical water deductible
$25,000
Most common claim type.
Based on 80+ samples.
Typical flood or sewer deductible
$25,000
A separate line item from water.
Based on 80+ samples.
Typical minimum earthquake deductible
$100,000
Plus ~15% of insured value.
Based on 60+ samples.
Water & Repairs
Water issues can point to repair risk and future cost.
Water incidents per year
2per year
Average incidents in a strata building.
Based on 75+ samples.
Water incidents per 100 units
4.4per 100 units each year
Normalized for building size.
Based on 70+ samples.
Typical repair cost
$4,986per incident
Average repair cost per incident.
Based on 110+ samples.
Water incident rate by building age
Rates vary by building age.
BUILT Pre-2000
2.2
incidents per year
BUILT 2000–2015
2
incidents per year
BUILT 2016+
2.8
incidents per year
Repeated patterns matter more than a single event.
How widely water events spread
Scope changes both disruption and insurance exposure.
365+ samples with a stated answer.
Bylaws & Lifestyle Rules
Rules on pets, rentals, BBQs, and amenities can affect fit.
Buildings that restrict short-term rentals
94%
Where a clear bylaw exists.
60+ samples with a stated rule.
Buildings that ban both cats and dogs
10%
Buildings that prohibit both cats and dogs.
70+ samples with a stated rule.
Buildings that allow gas or propane BBQs
69%
Where a gas or propane barbecue is permitted.
45+ samples with a stated rule.
Elevators per 100 units
2.7
More elevators usually means less waiting and better service.
Based on 45+ samples.
EV Charging
How prepared Victoria strata buildings are for EV charging.
Some EV readiness in place
60%
Planning stage
24%
No evidence of EV plans
16%
Buyer Due Diligence
Compare area benchmarks with the building's own documents.
Compare the building's reserve fund per unit from the Form B against the Victoria median of $5,154 shown on this page. The depreciation report will show whether the fund is on track for planned expenses.
The median reserve fund balance in Victoria is $5,154 per unit, based on 80+ samples.
About 24% of strata buildings in Victoria had an approved special levy within the last two years, based on 70+ samples.
Water incident frequency ranges from 2 per year in 2000–2015 buildings to 2.8 per year in 2016+ buildings within this dataset.
Approximately 94% of sampled strata buildings in Victoria have a stated restriction on short-term rentals.
The most commonly reported amenities in Victoria are Bike Storage (found in 44% of buildings) and Party / Amenity room (23%). Rooftop Deck / Terrace appears in 14% of sampled buildings.
The statistics above are a starting point. Every strata building has its own document package - hundreds of pages covering finances, insurance, bylaws, and building condition. It’s the only way to truly understand what you’re buying into.
Once you have the documents, start here
Bylaws & rules
Pet policies, rental restrictions, and daily obligations - these rules decide how you actually live in the building.
Insurance certificate
Deductibles, coverage limits, and what you're personally on the hook for if something goes wrong.
Depreciation report
The funding plan, how much life is left in major components, and when big-ticket repairs are coming.
Recent council minutes
Unresolved disputes, upcoming projects, and how decisions actually get made.
Already have the document package?
Skip the 300‑page read.
We pull out the key risks, costs, and rules so you don’t have to.
See a sample reportData & Methodology
Based on strata documents from Victoria buildings in our dataset.
Based on 85+ samples in Victoria. Always review the building's own documents.
Data last updated: May 17, 2026
Age of buildings in this dataset
Where this market sits by building age.
Building types in this dataset
Towers, townhouses, mixed-use, and more.
Dive deeper or compare strata statistics across related areas.
