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Community Insights
A blog by Compass Strata :: Explore . Engage . Empower
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Parking Space Levy: What Strata Owners Need to Know
The Parking Space Levy (PSL), commenced in 1992, is part of the NSW Government's efforts to alleviate congestion in major business areas across Sydney. By discouraging car usage in leviable districts and promoting public transport, the PSL funds approximately $100 million annually for vital infrastructure enhancements like commuter car parks and interchanges. This initiative impacts owners of private parking spaces including those within strata communities. that fall into th

Timothy Lee
3 min read
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