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Strata Insurance Affordability Holds Steady Despite Rising House Insurance Costs

CHU's 2025 Report Highlights Stable Strata Premiums

Strata Insurance Affordability Holds Steady Despite Rising House Insurance Costs?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

In its 2025 State of the Strata Market report, CHU has revealed that strata insurance premiums have experienced a modest increase of 2.8%, rising to an average of $981 per lot in the year leading up to June 2025.
This increment is notably lower than the 14% surge observed in house insurance premiums during the same period.

CHU attributes the relative stability of strata insurance premiums to the distinct circumstances faced by apartment owners compared to those owning standalone houses. Factors such as shared building structures and collective maintenance responsibilities contribute to this difference.

For strata property owners, this stability offers a degree of financial predictability in an otherwise volatile insurance market. It underscores the importance of understanding the unique dynamics of strata insurance and how they differ from other property insurance types.

For a comprehensive analysis of premium movements and the factors influencing them, refer to CHU's full report.

Published:Wednesday, 19th Nov 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

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