AT A GLANCE
4
total lots in this scheme
Managed by V J Ray Pty Ltd. Located in Waverley, NSW. 81 other strata plans nearby
Lots
4
Year built
1986
Last report
—
Boundary sourced from NSW Spatial Services (StrataHub).
About this building
12 Wallace Street is a small 4-lot residential strata scheme in Waverley, registered in 1986 and now about 40 years old. It is managed by V J Ray Pty Ltd and is one of 82 strata plans in Waverley (Waverley council area). Every unit at 12 Wallace Street (lots 1–4) is part of strata scheme SP31187, so the levies, by-laws and disputes below apply to all of them. We found no NCAT tribunal decisions naming SP31187.
Buyer's snapshot
Everything a buyer should know about 12 Wallace Street, on one page
- A red/amber/green verdict on each risk, with the evidence
- Plain-English summaries of every tribunal and court case
- Questions to ask the agent and strata manager
- A PDF you can forward to your conveyancer
Plan Details
- Plan Number
- SP31187
- Registered
- 1986-08-19
- LGA
- WAVERLEY
- Postcode
- 2024
Lot Breakdown
- Total Lots
- 4
- Residential
- 4
Building Age
40
years old
Registered 19 August 1986
Significant capital expenditure expected — plumbing, electrical, facade repairs. Special levies are common for buildings this age
Strata Manager
Disputes in Waverley
No published decision names this building. Across Waverley, 1 decision names a strata plan — spread over 1 building.
- NCAT (tribunal)
- 1
- Court
- 0
- Buildings involved
- 1 of 82
NCAT cases are usually internal to a scheme — by-laws, levies, repairs, access to records. Court cases usually involve builders or insurers over defects, because those claims exceed the tribunal's jurisdiction. A per-1,000-lot rate isn't shown: Waverley has 1,091 lots, small enough that a single litigious building would move it several-fold. These are published decisions only — most strata disputes settle or are resolved without a judgment, so this is a floor, not a count. See the Waverley suburb profile.
Comparable Buildings in Waverley
Other strata plans in the same suburb, ordered by similarity in building size.
| Building | Lots |
|---|---|
| 102 Carrington Road SP55192 Managed by Your Local Strata Sydney Pty Ltd | 4 |
| 146-148 Carrington Road SP1706 Managed by Rollings and Tyrrell Pty Ltd | 4 |
| 69-73 Macpherson Street SP31540 Managed by Realise Consulting Pty Ltd | 4 |
| 3B Macpherson Street SP32555 | 4 |
| 1 Short Street SP100949 Managed by Realise Consulting Pty Ltd | 4 |
| 313 Bronte Road SP52887 | 4 |
Comparables are other strata plans in Waverley with similar lot counts.
Other strata buildings on Wallace Street
- 26 Wallace Street
SP87282 · 11 lots
- 10 Wallace Street
SP5667 · 9 lots
More buildings managed by V J Ray Pty Ltd
- 29 Belmore Street, Burwood
SP91970 · 99 lots
- 1 Ocean Grove Avenue, Cronulla
SP53757 · 35 lots
- 216 Lakemba Street, Lakemba
SP1299 · 26 lots
- 34-38 Park Avenue, Burwood
SP57150 · 24 lots
- 22-24 Park Avenue, Burwood
SP3537 · 21 lots
- 6-10 The Avenue, Ashfield
SP22697 · 21 lots
Risk & History
Sales History
Recent Sales
| Date | Unit | Price |
|---|---|---|
| 15 Feb 2021 | Lot 1 | $2,100,000 |
| 7 Sept 2018 | Lot 3 | $1,525,000 |
| 15 Nov 2006 | Lot 3 | $812,000 |
| 22 Oct 2001 | Lot 1 | $545,000 |
Source: NSW Valuer General. Prices are as reported in settlement data and may not reflect current market values. Sales marked “Price withheld” are excluded from price calculations.
Development History
Original Construction · 2 storeys · 2 dwellings
Estimated cost: $484K · Assessed by Waverley Council
Development Application
DeterminedNearbyDemolition, Alterations and additions to residential development
PAN-80391
Development Application
DeterminedNearbySemi-attached dwelling
PAN-142893
Review of determination
DeterminedNearbyDual occupancy, Demolition, Alterations and additions to residential development
PAN-136952
Looking for the builder or developer?
Search for the application number (e.g., PAN-80391) on the NSW Planning Portal Application Tracker to view the full DA details, including the applicant, builder, and principal certifier.
Source: NSW Planning Portal Open Data API (2019+). Earlier development applications may not be available. Items marked "Nearby" were matched by location proximity (within 100m) rather than direct plan number reference.
Crime Statistics
These statistics cover the entire Waverley local government area, not this specific property.
Crime rates in Waverley LGA are similar to the NSW state average. (Oct 2024 - Sep 2025)
Source: NSW Bureau of Crime Statistics and Research (BOCSAR). Rates are per 100,000 population. Rank is out of 119 LGAs (1 = highest rate).
Neighbourhood
Suburb Profile
WAVERLEY, NSW 2024
Transport Accessibility
Transport Score: C
Moderate public transport access
Nearest Train
Bondi Junction
1.7km away · ~22 min walk
Nearest Light Rail
Randwick Light Rail
1.8km away · ~23 min walk
Bus Stops
24 within 500m · 75 within 1km
Source: Transport for NSW GTFS data (CC BY 3.0 AU). Distances are straight-line (not walking). Walking times assume 80m/min. Transport Score is indicative only.
Short-Term Rentals Nearby
7
Listings within 200m
$283
Median / Night
2
Commercial Hosts
2
High Availability
Listing Types
Nearest Listings
Lovely two bedroom furnished unit in Randwick
$358
/night
The Black Haus - Bronte
$225
/night
Leafy family oasis - cusp of Clovelly + Bronte
$283
/night
Quiet top floor apartment w/ views & attic retreat
$269
/night
Quiet and bright apt with green aspect
$337
/night
NSW Short-Term Rental Rules
- •180-day cap for non-hosted short-term rentals in Greater Sydney (60 days in some fire-prone or Byron Shire areas)
- •Strata schemes can ban non-hosted STRA via a Section 137A by-law (requires 75% special resolution)
- •All STR properties must be registered on the NSW STRA Register
Source: Inside Airbnb (CC BY 4.0). Data is from a periodic scrape of Airbnb listings and may not be current. "Commercial hosts" are those with 3+ total listings. "High availability" = listed 180+ days/year.
School Catchment Zones
This property falls within the following NSW government school intake areas.
Primary
Clovelly PS
primary
Secondary
Randwick HS
high coed
Source: NSW Department of Education. Catchment zones are updated nightly and subject to change. Visit School Finder for official information.
BUILDING BASICS
- Lots
- 4
- Residential
- 4
- Year built
- 1986
- LGA
- WAVERLEY