Unit Title vs Freehold

Unit title is the standard ownership structure for apartments, townhouses, and other multi-unit developments. Each owner holds title to their individual unit plus a share of common property (structure, shared areas, grounds).

The body corporate manages common property and collects levies from all owners. This provides professional management but means you have less individual control. Body corporate rules may restrict pets, renovations, noise, and short-term letting.

Freehold gives you complete ownership of land and buildings with no shared property or body corporate. You're responsible for all maintenance but have full control over your property (within council regulations and any registered interests).

Freehold is preferred by buyers who want maximum flexibility and independence. However, you also bear 100% of maintenance costs and responsibilities — there's no body corporate to manage the roof or driveway.

This is typically a lifestyle and location choice rather than a direct comparison. If you want inner-city apartment living, you'll likely be buying unit title. If you want a standalone house with a garden, you'll likely be buying freehold. The right choice depends on your lifestyle, budget, and location preferences.

Decide on your lifestyle needs first: Do you want a low-maintenance apartment or a standalone house? Then investigate the specifics. For unit title, focus on body corporate health. For freehold, focus on property condition and registered interests.