Typical Expenses
Owner's Corporation Fees
There is an Admin Fee (Levy) + a Maintenance Fund Fee (Levy) + a Pool Loan Repayment Fee (Levy). Contact the OC Manager or the Committee for current the amounts. The admin fee is normally increased by at least the Consumer Price Index (CPI) each year at the November Annual General Meeting and it covers items such as:
Costs associated with the employment of a company to provide management services.
Public liability insurance for common property areas.
Building insurance of the community hall.
Maintenance of the Common property areas and infrastructure, including items listed in the Maintenance Plan.
Mowing of the lawn areas which are under the jurisdiction of the Owners Corporation.
Common area energy costs such as the community hall, street lighting, and the swimming pool water filtration & treatment plant.
Costs associated with the part time caretaker and the caretaker's house; such as salary, water usage, rates .
Maintenance and replacement of fences where the fence in on or shared with common property.
Note: the Owners Corporation fees do not cover building insurance, contents insurance, or public liability insurance for privately owned Lots, they are the responsibility of the Lot owner.
Kingston Council Rates
Properties are rated individually and owners are charged according to the property value.
South East Water
Each owner receives individual rate notices (4 per year) from South East Water which include charges for: Water Usage, Water Service, Sewage Disposal, Sewage Service, Drainage, and a Parks.
The 139 private lots are not individually metered for water. Please see the FAQ page for more details.
Electricity
Houses are metered individually and owners/residents are charged according to their usage.
Gas
Gas is piped to individual properties and some owners have chosen to connect to the gas service. Such properties are metered individually and owners/residents are charged according to their usage.
External Painting of Houses.
The external paint work of privately owned houses is refreshed at regular intervals in order to keep the Estate looking good. It is the owner's responsibility to arrange for the painting to be done and to pay for any work, see Painting (External).