AT A GLANCE
5
total lots in this scheme
Managed by NVC Strata Pty Ltd. Located in Newcastle, NSW. 113 other strata plans nearby
Lots
5
Year built
1986
Last report
—
Boundary sourced from NSW Spatial Services (StrataHub).
About this building
23 Watt Street is a 5-lot commercial strata scheme in Newcastle, registered in 1986 and now about 39 years old. It is managed by NVC Strata Pty Ltd and is one of 114 strata plans in Newcastle (Newcastle council area). Every lot at 23 Watt Street (lots 1–5) is part of strata scheme SP31575, so the levies, by-laws and disputes below apply to all of them. We found no NCAT tribunal decisions naming SP31575.
Buyer's snapshot
Everything a buyer should know about 23 Watt 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
- SP31575
- Registered
- 1986-11-19
- LGA
- NEWCASTLE
- Postcode
- 2300
Lot Breakdown
- Total Lots
- 5
- Commercial
- 5
Building Age
39
years old
Registered 19 November 1986
Significant capital expenditure expected — plumbing, electrical, facade repairs. Special levies are common for buildings this age
Strata Manager
Disputes in Newcastle
No published decision names this building. Across Newcastle, 5 decisions name a strata plan — spread over 5 buildings.
- NCAT (tribunal)
- 4
- Court
- 1
- Buildings involved
- 5 of 114
- Per 1,000 lots
- 1.34 (NSW 1.12)
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. 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 Newcastle suburb profile.
Comparable Buildings in Newcastle
Other strata plans in the same suburb, ordered by similarity in building size.
| Building | Lots |
|---|---|
| 12 Bolton Street SP51662 Managed by PICA Services Pty Ltd | 5 |
| 146 Hunter Street SP62138 Managed by PICA Services Pty Ltd | 5 |
| 31-33 Watt Street SP34152 Managed by Lake Group Property Services Pty Limited | 5 |
| 239 King Street SP51714 Managed by PICA Services Pty Ltd | 5 |
| 197 King Street SP10610 | 5 |
| 19A Honeysuckle Drive SP80988 Managed by Wellman Strata Management Pty Ltd | 5 |
Comparables are other strata plans in Newcastle with similar lot counts.
Other strata buildings on Watt Street
- 67 Watt Street
SP85468 · 113 lots
- 9 Watt Street
SP91597 · 57 lots
- 15 Watt Street
SP109847 · 39 lots
- 28 Watt Street
SP1845 · 24 lots
- 46 Watt Street
SP94033 · 18 lots
- 14 Watt Street
SP16024 · 6 lots
- 16 Watt Street
SP66128 · 6 lots
- 31-33 Watt Street
SP34152 · 5 lots
More buildings managed by NVC Strata Pty Ltd
- 50 Wolfe Street, Newcastle
SP19837 · 25 lots
- 522-526 Hunter Street, Newcastle
SP54886 · 24 lots
- 71 Scott Street, Newcastle
SP62003 · 20 lots
- 199 King Street, Newcastle
SP2831 · 18 lots
- 275A Hunter Street, Newcastle
SP993 · 16 lots
- 7 Newcomen Street, Newcastle
SP30171 · 7 lots
Risk & History
Sales History
Recent Sales
| Date | Unit | Price |
|---|---|---|
| 3 Nov 2021 | Lot 4 | $1,012,000 |
| 16 Mar 2021 | Lot 4 | $836,000 |
| 25 Apr 2019 | Lot 3 | $660,000 |
| 7 Sept 2017 | Lot 2 | $540,000 |
| 18 Mar 2014 | Lot 3 | $450,000 |
| 22 Aug 2011 | Lot 2 | $367,400 |
| 4 June 2007 | Lot 2 | $370,000 |
| 4 May 2005 | Lot 4 | $397,500 |
| 13 Apr 2004 | Lot 2 | $340,000 |
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 · 7 storeys · 6 dwellings
Estimated cost: $9.4M · Assessed by Newcastle City Council
Development Application
DeterminedNearbyDemolition, Residential flat building, Erection of a new structure
PAN-500186
Development Application
DeterminedNearbyDemolition, Shop top housing, Alterations or additions to an existing building or structure
PAN-498030
Development Application
DeterminedNearbyAlterations and additions to residential development
PAN-284515
Looking for the builder or developer?
Search for the application number (e.g., PAN-500186) 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 Newcastle local government area, not this specific property.
Crime rates in Newcastle LGA are significantly higher than 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
NEWCASTLE, NSW 2300
Transport Accessibility
Transport Score: B
Good public transport access
Nearest Train
Newcastle Interchange
2.4km away · ~30 min walk
Nearest Light Rail
Newcastle Beach Light Rail
180m away · ~2 min walk
Nearest Ferry
Queens
473m away · ~6 min walk
Bus Stops
12 within 500m · 25 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.
School Catchment Zones
This property falls within the following NSW government school intake areas.
Primary
Newcastle EPS
primary
Secondary
Newcastle 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
- 5
- Commercial
- 5
- Year built
- 1986
- LGA
- NEWCASTLE