Apartment

The slang term dingbat has been coined to describe cheap urban apartment buildings from the 1950s and 1960s with unique and often wacky façades to differentiate themselves within a full block of apartments. They are often stilted, and with parking spots underneath.
• Australia
In Australia, the term "flat" and "apartment" are largely used interchangeably. Newer high-rise buildings are more often marketed as "apartments", as the term "flats" can carry negative connotations of public housing. The term condominium or condo is rarely used in Australia despite attempts by developers to market it. A high-rise apartment building is commonly referred to as a residential tower, apartment tower, or block of flats in Australia.
Apartment buildings in Australia are typically managed by a body corporate or "owners corporation" in which owners pay a monthly fee to provide for common maintenance and help cover future repair. Many apartments are owned through strata title. Due to legislation, Australian banks will either apply loan to value ratios of over 70% for strata titles of less than 50 square metres, the big four Australian banks will not loan at all for strata titles of less than 30 square metres. These are usually classified as studio apartments or student accommodation. Australian legislation enforces a minimum 2.4m floor-ceiling height which differentiates apartment buildings from office buildings.