Beta · for apartment buyers in NSW and Victoria
Know what the building will cost you before you make an offer.
Upload the strata report. Levywise estimates the special levies and catch-up capex your lot is likely to face, and turns them into an offer you can back up, with a note you can send the agent. Built for a market where buyers have the leverage.
$50 per report. No subscription. Ready in minutes.
Strata reports tell you what's wrong. They don't tell you what it will cost you.
“Cost unknown”
Big works are often flagged long before anyone quotes them. Buyers are left to guess the number.
Your share, not the building's
By-laws and entitlements decide what your lot pays. A $900k job can cost one owner $50k or $300k.
The costs nobody mentioned
Old drains, switchboards, windows and fire systems fail on a schedule set by the building's age. They rarely appear in the records until the invoice does.
Real example
A Sydney eastern suburbs unit, bought in 2024
A 1925 walk-up with five lots, converted to strata in the 1990s. The buyer got a strata report, saw the balcony problem, and bought for $150,000 under the $1.8 million asking price. Here is what the lot paid over the next two years.
| Item | In the strata report? | Cost to the lot |
|---|---|---|
| Balcony rebuild | Yes, cost “unknown” | $393,000 |
| Windows | No | $26,300 |
| Stormwater brought up to standard | No | $12,600 |
| Main switchboard | No | $8,800 |
| Floor framing below standard | No | $8,600 |
| Fire safety upgrade | Partly | $8,000 |
| Sewer relining | No | $2,400 |
| Total | $460,000 |
How it works
Step 1
Upload what you have
In NSW, the strata inspection report. In Victoria, the vendor's statement with its owners corporation certificate.
Step 2
Check what we found
Levywise reads the building's age, size, your lot's share, works already flagged and warning signs. You confirm or correct them.
Step 3 · The Levywise engine
Your building is priced against thousands of real jobs
The engine compares your building with more than 5,000 works on existing apartment blocks from public government records, matched by state and number of lots, and weighs the risks that come with your building's age. It combines these with current trade rates to estimate what each item is likely to cost, how likely it is in the next ten years, and how much of it your lot pays under its entitlement and by-laws.
Step 4
Get your report
Pay $50 and get a fair estimate of the catch-up costs and capex to allow for in your price, a ten-year budget, a suggested offer range, and a note you can send the agent.
What's in the report
- The cost to your lot, item by item, with how likely each is in the next ten years.
- Works already flagged, priced and split the way the by-laws or state rules require.
- The costs nobody mentioned, estimated from the building's age, size and construction.
- Warning signs such as a missing fire safety statement or an out-of-date capital works plan.
- A fair allowance for your price: works in the records, plus only the risks above the norm for the building's age, because comparable sales already reflect the rest.
- A suggested offer range, from where to start to the most to pay, and a one-page note you can send the agent.
Built on real costs
Victorian building permits for work on existing apartment blocks, 2020 to 2026
NSW development applications for works on existing strata buildings, from 341,000 lodged since 2019
trade rates for relining, roofing, windows and concrete repair
Plus real strata invoices. Every line in your report says where its number comes from.
NSW data: © State Government of NSW and NSW Department of Planning, Housing and Infrastructure 2026, CC BY 4.0. Cost ranges are Levywise estimates derived from it.
One report, one price
The buyer in our example under-allowed by about $250,000. A report costs $50.
- NSW and Victorian strata buildings
- Report emailed as a PDF
- No subscription, no account
- Full refund if we can't read your documents
Already own a strata unit? Tell us what it really cost.
Share what your building's works cost your lot (about 5 minutes, no address or name) and get a free report code for your next purchase, or for a friend who's buying.
Share your costsQuestions
What do I need to upload?
In NSW, the strata inspection report you or your conveyancer ordered. In Victoria, the vendor's statement (section 32) including the owners corporation certificate. AGM minutes or a capital works or maintenance plan make the estimate sharper.
Is this the same as a strata report?
No. A strata report tells you what is in the records. Levywise turns that into a dollar figure for your lot, adds the costs the records usually miss, and suggests what that means for your offer. Use both.
How accurate is it?
It gives a likely figure and a range, not a quote. Each item shows whether it comes from published trade rates, real invoices or building permit data, so you can see how firm it is. Get quotes for any big item before you commit.
Which buildings does it cover?
Strata and owners corporation buildings in NSW and Victoria during the beta. Older buildings benefit most, because their costs are the hardest to see in the paperwork. Other states are coming; you can join the list on the upload page.
What if you can't read my documents?
You get a full refund.