AU Australia property term
10-Year Maintenance Plan
Western Australia
Plain-English definition
A long-term plan identifying non-routine maintenance, repair, renewal or replacement expected for strata common property and strata-company assets.
Why this matters to a foreign buyer
WA schemes with 10 or more lots, or a replacement value of $5 million or more, must generally maintain a reserve fund and 10-year plan. Compare the plan with the actual reserve balance and levies.
For step-by-step Perth and WA guides, visit Property Learning Hub.