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Thanks, sinking funds could definitly explain it! Cheers, Jen

Thanks BV, I get that - we've got a some units in Melbourne (high and low-rise) - but I still don't understand - why is Sydney's BC so much higher for a very similar block type as you can find in Melbourne (Sydney's BC appears to be about double that of Melbourne's for similar units/blocks)...

:eek::eek: Even the rates I posted above - they would be 1/2 that in Melbourne for similar units. What would be the reason Sydney is so much higher? The only thing I can think of is the BC actually does maintenance and therefore takes better care of the blocks - where in Melbourne, you might...

Been looking at some older style units around Sydney - and I'm in shock at the stata fees!! They're higher than you'd expect for a luxury high rise in Melbourne! There's no elevators, no pool - so why are they so high?? Eg: $872 per quarter...