We Helped Owners Corporation in Elwood to Save $348 with a Better Owners Corporation Manager

In September 2021, Elise contacted us about his building in Elwood. The building was a block of apartments and the Committee discussed they wanted to search for another OC management company as they were assigned with different manager every few months and OC fees has been significantly high.

Qualified Commercial OC Management Companies

Every single OC management company we work with is carefully vetted and scrutinised in terms of their:

  1. OC experience and relevant qualifications
  2. Service and service metrics
  3. Integrity & values
  4. Dedicated strata software platform, systems, and processes
  5. On-going knowledge and training

Our expertise and industry knowledge takes the guesswork out of changing management companies.

Changing Body Corporate Managers / Owners Corporation Managers (Elwood, VIC)

We met with the Committee to understand their concerns with the incumbent owners corporation manager and discuss what they would expect of their new OC manager.

After compiling a RFT with information and specifications particular to their building, we conducted a tender process. We met again with the Committee and helped them to understand all the new OC management proposals in terms of their offerings, qualities, and costs.

The Committee chose a company that was less expensive than their incumbent and we assisted with the appointment process.




Cost Comparison Previous OC
Management Company
New OC
Management Company
Management Fees $3,117 $3,410
Disbursement $943 $660
Software, Work Orders + Misc. $0 $0
Other Additional Charges $358 $0
Total Strata Management Costs $4,418 $4,070


*OC guidance for all Committees: be careful when it comes to OC management contracts and ‘open-ended, blank cheque’ disbursements sections. Some OC management companies charge for every work order, phone call, email, page of paper, printing, postage, envelope, etc.

The vast majority of OC management companies that we work with – charge a fixed, all-inclusive fee for their disbursement costs. And of these OC management companies, most will waive their disbursement fee if lot owners elect to receive OC notices electronically.

We helped the Committee to help save all owners in the owners corporation in Elwood $348 per year on their strata / OC management costs.

Thinking About Changing Strata Management Companies?

Take the first step in process of changing owners corporation management companies for your property in Elwood by speaking to a Strata Management Consultant at 1300-917-848 or emailing us at office@strataconsultants.com.au

Meet the Strata Consultants Melbourne team – https://strataconsultants.com.au/our-team


The contents of this article or website are only intended to provide a general overview of the topics discussed. The author of this article makes no representations as to the accuracy or completeness of any information and the information is not intended to constitute investment, legal or professional advice. You should seek professional advice before acting or relying on any of the content. This article does not contain references to any specific company, organisation or individual, unless expressly specified.
June 23, 2023
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