What are the pros and cons of self-managed strata?
Flatflo editorial team · Last reviewed 2026-10-20
Quick answer
The main benefits are lower costs, faster decisions and full control over your building. The trade-offs are volunteer time and responsibility: the committee must meet legal deadlines, keep accurate books and handle owner questions and disputes without a professional manager doing it for them.
The full answer
Pros
No management fee, owners choose their own contractors, decisions are quicker and money stays visible to everyone.
Cons
Someone has to do the work, mistakes with notices or accounts can be costly, and disputes between neighbours land on the committee. Good software and clear roles reduce most of these risks.
Also asked as: advantages of self managed strata · disadvantages of self managed strata
General information only, not legal advice. Strata rules differ between states and change over time; check your state's law or get advice for your situation. Last reviewed 2026-10-20.