CHU's 2025 Report Reveals Stability in Strata Insurance Premiums

Modest Premium Increase Maintains Affordability Amid Industry Challenges

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CHU Underwriting Agencies has released its 2025 State of the Strata Market report, providing a comprehensive analysis of the current state of the industry.

The report indicates that strata insurance premiums have experienced a modest increase of 2.8%, rising from an average of $954 to $981 per lot annually 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, maintaining affordability for apartment owners.

The report also highlights the impact of economic pressures, regulatory reforms, and weather events on the strata industry. It investigates strata affordability, the frequency of weather events, strata regulator reforms, emerging risks, and sustainability. Kimberley Jonsson, CEO of CHU, emphasised that as density increases, so do expectations, presenting an opportunity for the strata sector to set a new standard for urban living across Australia.

Strata owners and managers are encouraged to review the full report to gain insights into the key trends impacting the industry and how they can strengthen their communities now and into the future.

Published:Thursday, 7th May 2026
Author: Paige Estritori

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Knowledgebase

Depreciation:
The reduction in the value of an asset over time, used in insurance to calculate the actual cash value of property.

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