What is the difference between green title and strata title?

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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This article is intended to provide general information only. It does not have regard to the financial situation or needs of any reader and must not be relied upon as financial product advice. Please consider seeking financial advice before making any decision based on this information.‍

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