City of Sydney grant funded study released 26th July 2018 includes national survey results from over 130 strata schemes and 20 case study assessments.
Sponsored by City of Sydney and presented by Lord Mayor Clover Moore, "Generation W" took home the Strata Community Environmental and Engagement Award.
The annual SCA (NSW) CHU Strata Community Awards Gala Dinner and Presentation was held on Friday night at the Four Seasons Hotel in Sydney with over 430 attendees dressed to impress in a sea of white, celebrating with their peers as the 2018 winners were revealed.
The first comprehensive national report of the strata and community title sector reveals there are about 2.6 million strata title lots in Australia with an insured value of $995 billion.
Apartment owners and residents are increasingly looking at new ways to foster a greater sense of community in their blocks and get things done more efficiently.
30 years ago your strata roof might have been covered in tonnes of black rocks, or it was a barren landscape with only a vent here and there. While new strata developments often already have solar panels or lush community gardens, older buildings still have roofs that are greatly underutilised.
Newtown's Stucco apartment block, a converted glass factory, has now become one of the first buildings in Australia to install a shared solar and battery storage system. The solar system will provide 80 per cent of the residents' energy with the remainder drawn from the grid.
According to a University of NSW case study, energy efficiency in strata has some unexpected outcomes over the medium term. Among these are improved security, garden re-invigoration, a common area make-over and record property valuations.
The movie “High-Rise”, set in an apartment block that suffers from regular power outages, is getting 63% on Rotten Tomatoes. A real 72hr outage in an Australian strata building had an even bigger effect, and provides an important lesson in future-proofing properties.
Imagine a world where your appliances understand how to minimize your electricity bill, your apartment block intelligently shares solar energy with the neighbourhood, and every building is connected to a smart city-wide network. All of this, and much more besides, will soon be a reality thanks to the Internet of Things (IoT).
Strata Energy News
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Contact Editor: Ross McIntyre