What is the difference between green title and strata title?

Learn the key differences between green title and strata title. Explore their unique ownership structures, benefits, and considerations.

When you’re purchasing a new home, you may come across different types of titles including green and strata.  

What’s the difference?

The main difference between a green title and a strata title is the lots have been created under different Acts of Parliament.

Fun Fact: The term ‘green’ comes from a time where it was standard practice to hand write titles on different coloured paper for easy finding!

Some fundamental differences include:

Green title

  • Ownership is independent – there's no common ownership
  • Main services such as water, plumbing and electrical can't be shared  
  • No common property  
  • Require planning approval

Strata title

  • Main services such as water, plumbing and electrical can be shared
  • Common property for access is allowed  
  • Require planning approval

Learn more about strata titles, what a strata inspection report is and common strata problems to look out for.

Want to learn more about buying a home? Discover more here.

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Calculations are not a loan approval. Applications are subject to credit approval, satisfactory security and minimum deposit requirements. Full terms and conditions will be set out in our loan offer, if an offer is made.

^Rates shown are inclusive of a 0.01% p.a. discount off our reference rate. On each anniversary of your loan’s settlement date, you will receive an additional discount of 0.01% per annum, up to a maximum discount of 0.30% per annum. For purchase loans with a Loan to Value Ratio (LVR) between 80.01% - 90% LVR, a lenders mortgage insurance (LMI) premium and higher interest rate apply. In some cases depending on the property’s location or type, LMI may also be required for LVR between 70.01% and 80%.

*Comparison rate is calculated on a $150,000 secured loan over a 25 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.