A buyer cannot predict a future levy from the contingency balance alone. The defensible approach is to model a range, identify what is already approved, and verify who pays under the contract.
Decision points
- 01
Separate approved levies from possible future projects.
- 02
Use unit entitlement or the applicable allocation method.
- 03
Confirm contractual responsibility and payment dates with your conveyancer.
Build the range
Start with the best current project estimate, subtract only the reserve amount realistically available, apply your allocation share, add approved amounts, and run lower and higher cost cases. Treat deductible exposure separately from capital work.
Questions that change the result
Has the scope been engineered? Is tax included? What reserve use is approved? Are loans or staged payments proposed? Has the levy vote occurred? Does the contract assign an approved levy to seller or buyer? Each answer changes confidence and timing.
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