This article is about safety in your NSW strata scheme.
It is predicted that the Australian home security market will grow by US$6.56 billion dollars by 2030, a 15.73% annual growth from 2024 to 2030*.
What is driving this growth?
This surge is driven by several factors:
- Increased crime rates are making people want to feel secure in their homes and communities.
- Technological advancements offer a wider range of affordable security options.
- The growing popularity of strata living has led to increased demand for communal security measures.
What about privacy?
While residents crave safety, privacy concerns are also on the rise.
The issue is what rights do strata lot owners and owners corporations have to install their own security? Security cameras, in particular, can create complex issues under differing legislation.
Owners corporations and residents should be mindful of their rights under the Surveillance Devices Act 2007 (NSW) to avoid committing any offence.
These two NCAT cases share some valuable lessons Strata, Owners Corporations Lot Owners and Security Cameras
* Source: Research and Markets March 2024
Adrian Mueller
JS Mueller & Co Lawyers
E: adrianmueller@muellers.com.au
P: 02 9562 1266
This post appears in Strata News #710.
If you have a question or something to add to the article, please leave a comment below.
Disclaimer: The information contained in this article is provided for your personal information only. It is not meant to be legal or professional advice nor should it be used as a substitute for such advice. You should seek legal advice for your specific circumstances before relying on any information herein. Contact JS Mueller & Co for any required legal assistance.
JS Mueller & Co Lawyers has been servicing the strata industry across metropolitan and regional NSW for over 40 years. We are a specialist firm of strata lawyers with in depth and unmatched experience in, and comprehensive knowledge of strata law and levy collection.
Read next:
- NSW: Invasion of Privacy by CCTV Cameras
- NSW: Q&A Dealing with Rubbish in Strata. Where are the bins?
This article has been republished with permission from the author and first appeared on the JS Mueller & Co Lawyers website.
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