Episode 1.6: Understanding strata's critical role in the Australian housing ecosystem with Kate McHugh and Michael Lovell
What's This About?
By 2050 half of Australians are expected to live in strata accommodation, yet many buyers do not fully understand what they are purchasing. This knowledge gap sits at the centre of Australia’s strata education challenges.
In this episode, I speak with Kate McHugh, Co-Founder and Engagement Lead at Strata Futures, and Michael Lovell, Senior Strata Development Consultant at Strata Dynamics, about how strata management can reshape communities and drive meaningful change in Australia’s housing ecosystem.
Key questions explored:
- Do you really own your apartment, or just the space inside it?
- Are strata levies simply costs, or investments that protect property value?
- How can strata adapt as people, buildings and communities change over time?
- How can buyers make informed decisions when disclosure requirements vary between states?
- If Australians invest so heavily in housing, why is strata education still falling behind?
With 3 million additional strata units forecast across Australia’s capitals, the discussion considers what this growth could mean for future urban living and housing supply.
#StrataLiving #StrataManagement #HousingSupply #UrbanDensity #HousingEducation
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