Issue 001 · Strata diligence, without the $300 bill

Diligence on
every apartment
you look at.

Strata inspections cost $300. So most buyers only pay for one — on the property they're already offering on. Too late. StrataSnap reads any strata document in three minutes for $14.99, so you can do real diligence at the shortlist stage, before you fall for the wrong apartment.

Information tool · Not legal, financial, or property advice · For NSW apartment, townhouse, and unit buyers
By the numbers
$14.99
Single report.
$44.99
5-pack.
$74.99
10-pack. The shortlister's tool.
~3 min
Per summary.
What every summary covers
Capital works fund balance
Special levies coming up
By-laws on pets and Airbnb
Building defect claims
Insurance status
Financial arrears
§ 02 — Use cases

How buyers actually use this.

StrataSnap fits at the shortlist stage. Not the contract stage. Three patterns we see:

01
$14.99 single

Open home tomorrow

Vendor sent the strata report. You've got 24 hours. Upload it, get a clear summary in 3 minutes, walk into the inspection knowing what to look for.

02
$74.99 10-pack

Shortlisting 5–15 properties

Real diligence on every serious shortlist property. Run StrataSnap on each. Save the $300 inspector report for the one you actually offer on.

03
$14.99 single

11pm before contract exchange

Your conveyancer is asleep. You've got a question about page 147. Upload the report, find the answer, sleep well. Take it to your conveyancer in the morning.

§ 03 — Sample output

This is what you get back.

A sample summary based on a Sydney-area report. Building details anonymised. Each finding cites the source page and the relevant section of the Strata Schemes Management Act 2015 (NSW).

StrataSnap Summary

12/47 Bondi Road, Bondi NSW 2026

Strata Plan 78421 · 32 lots · Strata inspection report · Generated 18 July 2026
Source
Strata report (216pp)
Prepared by Strata Inspections Co. · 14 April 2026
Important. This summary is generated by AI from the contents of the strata documents provided. It is not legal, financial, or property advice. It is not a formal strata inspection report. Before making any property purchase decision, obtain professional advice from a qualified conveyancer or solicitor.
§ Financial position
Administrative fund
$48,200
As at 31 Mar 2026
Capital works fund
$112,500
As at 31 Mar 2026
Quarterly levy (admin + cap)
$1,420 + $980
Per lot
Capital works fund
SSM Act s.74, s.80
pp. 84, 91
Capital works fund balance is $112,500 against a 10-year forecast spend of $1.2M

The administrative fund covers day-to-day expenses (SSM Act s.73). The capital works fund covers long-term major repairs such as roof, lifts, and external painting (SSM Act s.74). Owners corporations must prepare a 10-year capital works fund plan (SSM Act s.80). The plan in this report (p.84) forecasts $1.2M in major works including roof replacement scheduled for 2027 and lift overhaul scheduled for 2028. The current balance of $112,500 represents approximately 9% of the 10-year forecast spend stated in the plan.

Special levies
SSM Act s.81(4)
pp. 198, 201
A special levy of $4,800 per lot is due September 2026

The owners corporation resolved at the EGM on 12 March 2026 (p.198) to raise a special levy of $4,800 per lot to fund external rendering works. The levy is payable on 30 September 2026. Special levies for specific expenditure are authorised under SSM Act s.81(4). If contracts exchange before settlement of this levy, the apportionment of this amount is a matter to discuss with your conveyancer.

Arrears
SSM Act s.85
p. 96
Outstanding arrears of $2,740 across four lots

The financial statements (p.96) show $2,740 in outstanding levy arrears across four lots. The subject lot (lot 12) shows no arrears. Levy arrears are recoverable by the owners corporation under SSM Act s.85, including interest.

§ Compliance and fire safety
Items need attention
AFSS
EP&A Regulation
p. 172
Annual Fire Safety Statement: current

The AFSS was lodged with council on 14 January 2026 (p.172). Next due January 2027. The AFSS is current.

Cladding
pp. 155-158
Combustible cladding: rectification works completed 2024

The building was identified on the NSW Cladding Register in 2020 (p.155). Aluminium composite panel (ACP) cladding on levels 3-8 was replaced with non-combustible panels. Rectification completed November 2024 and signed off by a fire engineer (p.158).

Asbestos
p. 164
Asbestos: present and managed

An asbestos register is in place (p.164). Asbestos-containing materials are recorded in common area pipe lagging and eaves lining. An asbestos management plan is current. This is expected in buildings of this age (constructed pre-1990) and is not alarming when a register and management plan are in place.

Missing compliance information

The document does not address anchor point / height safety certification or WHS compliance status.

§ Building condition and defects
Active proceedings
SSM Act s.106, Part 11
pp. 147–152
A waterproofing claim is currently before NCAT, hearing scheduled for August 2026

The owners corporation lodged a defect claim relating to water ingress in lots 4, 9, and 14 in March 2024 (p.147). The matter is listed for hearing in August 2026. Owners corporations have a duty to maintain and repair common property under SSM Act s.106. Building defect claims for buildings completed in the past 6 years may be supported by the building bond regime under SSM Act Part 11. The report does not specify whether a building bond was issued for this scheme.

§ Notable by-laws
By-law 14 — Pets
SSM Act s.137B, s.139
p. 73
By-law 14 requires written approval from the owners corporation to keep an animal

By-law 14 (p.73) states that no animal may be kept on a lot or common property without the written approval of the owners corporation. Recent committee minutes (p.209) record two refusals of pet applications in 2025. Under SSM Act s.137B, a by-law must not unreasonably prohibit the keeping of an animal on a lot. Whether a consent-based by-law amounts to unreasonable prohibition depends on how the consent process operates in practice. This is a matter to discuss with your conveyancer if pets are a consideration for your purchase.

By-law 22 — Short-term letting
SSM Act s.137A
p. 81
By-law 22 restricts short-term rental accommodation to a minimum 90-day stay

By-law 22 (p.81) restricts the letting of any lot for a continuous period of less than 90 days. SSM Act s.137A permits by-laws restricting short-term rental accommodation in certain circumstances. However, an owner who uses the lot as their principal place of residence may let it short-term subject to day caps, regardless of this by-law. If you intend to use the property for short-term letting (Airbnb, holiday rental), discuss the interaction between this by-law and the s.137A principal-place-of-residence carve-out with your conveyancer.

§ Insurance
Damage policy
SSM Act s.160, s.161, s.164
p. 188
Building insurance is current with $24M sum insured and $20M public liability

Owners corporations must insure the building under SSM Act s.160. The current policy with CHU Underwriting (p.188) was renewed on 1 February 2026 with a sum insured of $24M for damage and $20M for public liability. Public liability cover meets the regulatory minimum of $20M (SSM Regulation 2016 cl.40). No claims are recorded against the policy in the current term.

§ Items to discuss with your conveyancer
  • The capital works fund balance of $112,500 represents approximately 9% of the 10-year forecast spend of $1.2M (p.84). What does your conveyancer make of this?
  • A special levy of $4,800 per lot is due 30 September 2026 (p.198). If contracts exchange before then, how should this be apportioned?
  • The waterproofing claim listed for hearing in August 2026 (p.147) — what is the potential impact on lot owners if the claim is unsuccessful?
  • By-law 14 (pets) — if pets matter to you, does your conveyancer consider the consent requirement to amount to an unreasonable prohibition under SSM Act s.137B?
  • By-law 22 (short-term letting) — if you intend to let short-term, does the s.137A principal-place-of-residence carve-out apply to your situation?
  • The document does not address anchor point certification or WHS compliance — should these be checked separately?
AI-generated · Information only · Not legal, financial, or property advice
— StrataSnap
§ 04 — Independence

No relationship with
the vendor, the agent, or the inspector.

StrataSnap has no relationship with the vendor, the agent, or the inspector. It reads what's in the documents you upload — in plain English, with page citations and references to the actual sections of the Strata Schemes Management Act 2015 (NSW).

Upload the vendor's report, a pre-existing report you downloaded for $29, or owners corporation records you requested directly. The summary you get back is the same regardless of who paid for the document.

§ 05 — Run a summary

Upload your strata report.

Preview the summary. Pay only when you download the PDF.

Before you upload
  • StrataSnap is an information tool. Not legal, financial, or property advice.
  • Your document will be processed using AI services located outside Australia (United States). Do not upload documents containing information you're not comfortable with being processed this way.
  • We delete your document and summary 30 days after delivery, or sooner on request.
  • We don't use your document to train AI, share it with anyone, or use it for marketing.
Tick the consent box above to upload
PDF only · up to 50MB
§ 06 — Pricing

One report or a pack.
Use them when you need them.

Most buyers shortlist 5–15 properties. The 10-pack is what most active buyers end up using. Singles are for one-off curiosity.

Single report
$14.99
$14.99 per report
  • One AI summary
  • PDF + browser version
  • Page-cited findings
Buy single
5-pack
$44.99
$9 per report
  • 5 AI summaries
  • Use anytime, no expiry
  • 40% off single price
Buy 5-pack
Most popular
10-pack
$74.99
$7.50 per report
  • 10 AI summaries
  • Use anytime, no expiry
  • 50% off single price
  • Built for serious shortlisters
Buy 10-pack

All prices in AUD. One-time payment. Bundles never expire.

§ 07 — Common questions

Questions we get before people upload.

Is this a substitute for a full strata inspection?

No. A full strata inspection ($250–450) is prepared by a professional inspector and is the right tool for the property you're actually buying. StrataSnap is a shortlisting tool — it helps you understand any strata document you have access to, at the diligence stage before you commit to one property.

What documents can I upload?

Anything from a NSW strata scheme: the vendor's report, a $29 pre-existing report download, a Section 184 certificate you requested from the owners corporation, AGM minutes, financial statements, by-laws. If it's strata records, we read it.

How accurate is the summary?

The summary extracts facts from the document you upload, with page citations, so you can verify each finding against the source. AI can make mistakes — we tell you where each finding came from so nothing is opaque. If you spot an error, email us and we'll review it.

Is this legal advice?

No. StrataSnap provides information — plain-English extracts from your strata document, with references to the relevant sections of the Strata Schemes Management Act 2015 (NSW). We don't tell you whether to buy the property, whether a by-law is enforceable, or what a court would decide. Take the summary to a qualified conveyancer or solicitor for advice.

What happens to my document after processing?

It's stored on our servers for 30 days so you can re-access your summary. After 30 days it's automatically deleted. You can request earlier deletion any time by emailing hello@stratasnap.com.au. We never share your document, never use it for training AI, never use it for marketing.