Absolutely yes. A professional strata report inspects the books, minutes, insurance and financials in detail and surfaces issues the disclosure certificate won't — pending special levies, defects, ongoing disputes, insurance issues and management quality.
A strata report typically costs $300–$600 and can save you tens of thousands. The buyer arranges it (sometimes through their conveyancer) before exchange or signing. If the seller refuses access for an inspection, walk away — they're usually hiding something.
Compare written fee proposals from strata managers covering your building — free for owners corporations, no obligation.