Owners Corporations: The Good, Bad & The Ugly | Ep. 29
Owners Corporations (formerly known as Body Corporates) cop a lot of criticism — but is it all justified?
In this episode, Tristan and James break down the shocking and the wonderful realities of Owners Corporations in Victoria. From sky-high fees in flashy towers to well-managed, stress-free communities — they cover it all.
Whether you're a first-home buyer wary of “OC horror stories” or an investor weighing up strata costs, this episode will give you the knowledge to separate the good from the bad (and the ugly).
You’ll learn:
- Why Owners Corporations get such a bad reputation
- What amenities and features often drive fees through the roof
- A real-life case study where low fees led to a $500K special levy
- What makes a great Owners Corp — and how it can work in your favour
- How to analyse OC documents before you buy: from AGM minutes to red flags with managers
🔍 Plus, James and Tristan share their tips on how to be proactive as an owner and protect your investment long-term.
👋 About the Show
How’s The Market is the go-to property podcast for Melbourne buyers who want to make smarter decisions. Hosted by Tristan Larkin and James Rankin from Tomii Property, we share expert insights, on-the-ground stories, and interviews with key players in real estate, finance, and construction. From auctions to interest rates and everything in between — we’ve got you covered.
🔗 Resources & Links
Join our mailing list & read the blog → www.tomii.com.au
Follow Tristan on TikTok & Instagram → @tristanlarkin
Follow James on TikTok & Instagram → @james__rankin