Strata Unit Entitlement Valuations

PWE Property Consultants & Valuers prepares and certifies schedules of unit entitlements for strata and survey-strata schemes across the Perth metropolitan area. We work with developers, surveyors, strata managers and owners, and every schedule is certified by a licensed valuer with over 20 years’ experience.

What is a unit entitlement?

A unit entitlement is each lot’s allocated share in a strata titles scheme. It determines the owner’s voting rights, their undivided share in the common property and, subject to the scheme by-laws, their share of the strata company’s costs.

Unit entitlement is based on the value of each lot relative to the total value of all lots in the scheme. It is not based on floor area or lot size alone.

Why is a licensed valuer required?

Under the Strata Titles Act 1985 (WA), a scheme cannot be registered without a Schedule of Unit Entitlements certified by a licensed valuer. The valuer certifies that each lot’s entitlement is within 5% of its proportion of the total value of the scheme.

• Strata schemes (built strata) are assessed on the capital value of each lot.
• Survey-strata schemes are assessed on the site value of each lot.

The schedule is lodged with Landgate as part of registering the scheme.

Our unit entitlement services

• Schedules of unit entitlements for new strata and survey-strata schemes
• Re-subdivisions, consolidations and conversions of existing schemes
• Staged developments, including proposed schedules for staged subdivision by-laws
• Residential, commercial, industrial and mixed-use schemes of any size
• Reviews and amendments of unit entitlements in existing schemes

Why choose PWE for unit entitlements?

Unit entitlements affect every owner’s costs and voting power for the life of the scheme, and errors are difficult and expensive to correct once the scheme is registered. PWE has certified unit entitlements for strata schemes across Perth for decades, from two-lot survey-strata subdivisions to large mixed-use developments. Our three directors are all licensed valuers, each with more than 20 years’ experience.

Frequently asked questions

Is unit entitlement based on the size of my lot?

No. It is based on value. Two lots of the same size can have different entitlements if one is worth more, for example because of its position, outlook or level in the building.

How long is the valuer’s certificate valid?

The certificate is valid for two years from the date the valuer signs it. If the application to register the scheme is not made within that time, a new certificate is required.

What do you need to prepare a schedule?

The proposed strata or survey-strata plan, details of the buildings and finishes for each lot, the intended use of each lot, and any staged subdivision by-laws.

Can unit entitlements be changed after registration?

Yes, but only in limited circumstances: as part of a subdivision, by a resolution without dissent of the strata company, or by order of the State Administrative Tribunal. In each case the amended schedule must be certified by a licensed valuer.

Which areas do you cover?

We act on schemes throughout the Perth metropolitan area.

Talk to a valuer

Call (08) 9228 9955 or send us a message to discuss your unit entitlement requirements.

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