AT A GLANCE
73
total lots in this scheme
Managed by Real Property Services Pty Ltd. Located in Surry Hills, NSW. 215 other strata plans nearby
Lots
73
Year built
1994
Last report
—
Boundary sourced from NSW Spatial Services (StrataHub).
About this building
543-551 Elizabeth Street is a 73-lot mixed-use strata scheme in Surry Hills, registered in 1994 and now about 31 years old. It is managed by Real Property Services Pty Ltd and is one of 216 strata plans in Surry Hills (Sydney council area). Every unit at 543-551 Elizabeth Street (lots 1–73) is part of strata scheme SP48226, so the levies, by-laws and disputes below apply to all of them. 2 NCAT tribunal decisions name SP48226.
Buyer's snapshot
Everything a buyer should know about 543-551 Elizabeth 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
- SP48226
- Registered
- 1994-11-10
- LGA
- SYDNEY
- Postcode
- 2010
Lot Breakdown
- Total Lots
- 73
- Residential
- 71
- Commercial
- 2
Building Age
31
years old
Registered 10 November 1994
Significant capital expenditure expected — plumbing, electrical, facade repairs. Special levies are common for buildings this age
Strata Manager
Licence: 1078582
Last AGM: 26 October 2025
About 1 year ago
Annual Reporting
12 Nov 2025
Status
active
Disputes in Surry Hills
This building is named in 2 published decisions. Across Surry Hills, 20 decisions name a strata plan.
- NCAT (tribunal)
- 14
- Court
- 6
- Buildings involved
- 9 of 216
- Per 1,000 lots
- 2.57 (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 Surry Hills suburb profile.
Comparable Buildings in Surry Hills
Other strata plans in the same suburb, ordered by similarity in building size.
| Building | Lots |
|---|---|
| 188 Chalmers Street SP53094 Managed by Jamesons Strata Management Eastern Suburbs Pty Limited | 73 |
| 28 Pelican Street SP59038 Managed by Dynamic Property Services Pty Ltd | 73 |
| 679-695 Bourke Street SP8153 | 72 |
| 492-500 Elizabeth Street SP22528 Managed by Bay Strata Pty Ltd | 72 |
| 168-172 Goulburn Street SP45589 Managed by Strata Partners Pty Ltd | 75 |
| 74-80 Reservoir Street SP57988 Managed by G K Strata Management Pty Ltd | 71 |
Comparables are other strata plans in Surry Hills with similar lot counts.
Other strata buildings on Elizabeth Street
- 242 Elizabeth Street
SP61439 · 190 lots
- 400-412 Elizabeth Street
SP71569 · 157 lots
- 446-458 Elizabeth Street
SP44070 · 121 lots
- 492-500 Elizabeth Street
SP22528 · 72 lots
- 230 Elizabeth Street
SP58635 · 58 lots
- 228 Elizabeth Street
SP99601 · 57 lots
- 517-527 Elizabeth Street
SP90867 · 45 lots
- 507-515 Elizabeth Street
SP60233 · 36 lots
More buildings managed by Real Property Services Pty Ltd
- 3 Jersey Road, Artarmon
SP22237 · 65 lots
- 114-116 Cabramatta Road, Cremorne
SP71826 · 56 lots
- 232-240 Ben Boyd Road, Cremorne
SP61249 · 55 lots
- 21 Elamang Avenue, Kirribilli
SP145 · 50 lots
- 4-8 Kareela Road, Cremorne Point
SP957 · 45 lots
- 26 Raglan Street, Mosman
SP100 · 43 lots
Risk & History
Disputes & Tribunal Cases
2 published court/tribunal decisions involving this strata plan
Cases from NCAT, Supreme Court, Land & Environment Court, and other NSW courts and tribunals.
By-law disputes
1Noise, pets, parking, smoking, short-term letting, unauthorised renovations, by-law validity.
Gleeson v The Owners – Strata Plan No 48226 (No 2)
By-law disputeCOSTS – relevant costs rule on appeal where applicants claimed that respondent had unreasonably refused to repeal by-laws – r 38 of the Civil and Administrative Tribunal Rules 2014 (NSW) does not apply – s 60 of the Civil and Administrative Tribunal Act 2013 (NSW) does apply
Other decisions
1Procedural rulings (costs, stays, extensions of time) and matters outside strata law.
Gleeson v The Owners – Strata Plan No 48226
OtherAPPEALS – Adequacy of reasons – whether the Civil and Administrative Tribunal failed to take into account “key” considerations raised by the appellant at the first hearing RES JUDICATA – whether the doctrines of res judicata and issue estoppel bind the Consumer and Commercial Division of the Civil and Administrative Tribunal from hearing a strata schemes dispute in circumstances where a Strata Schemes Adjudicator had determined a similar issue in 2006
Source: NSW Caselaw. Only published decisions are shown. Many disputes are resolved privately or through mediation and will not appear here. This is not a complete record of all disputes involving this strata plan. Categories are auto-classified and may not be 100% accurate.
Sales History
Recent Sales
| Date | Unit | Price |
|---|---|---|
| 15 Sept 2025 | Lot 34 | $615,000 |
| 7 Feb 2025 | Lot 8 | $590,000 |
| 28 Oct 2024 | Lot 20 | $580,000 |
| 21 Oct 2024 | Lot 17 | $480,000 |
| 19 Feb 2024 | Lot 26 | $595,000 |
| 15 Dec 2023 | Lot 42 | $608,000 |
| 22 Nov 2023 | Lot 16 | $431,000 |
| 30 June 2023 | Lot 12 | $575,000 |
| 1 May 2023 | Lot 43 | $460,000 |
| 28 July 2022 | Lot 5 | $545,000 |
67 sales total
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 · 3 storeys · 1 dwelling
Estimated cost: $660K · Assessed by Council of the City of Sydney
Development Application
DeterminedNearbyDwelling house, Alterations or additions to an existing building or structure
PAN-584042
Development Application
DeterminedNearbyDwelling house, Alterations or additions to an existing building or structure
PAN-518913
Development Application
DeterminedNearbyDwelling house, Alterations or additions to an existing building or structure
PAN-512071
Looking for the builder or developer?
Search for the application number (e.g., PAN-584042) 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 Sydney local government area, not this specific property.
Crime rates in Sydney 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
SURRY HILLS, NSW 2010
Transport Accessibility
Transport Score: A
Excellent public transport access
Nearest Train
Central
600m away · ~8 min walk
Nearest Metro
Waterloo
1.1km away · ~14 min walk
Nearest Light Rail
Surry Hills Light Rail
414m away · ~5 min walk
Bus Stops
16 within 500m · 70 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
45
Listings within 200m
$198
Median / Night
6
Commercial Hosts
12
High Availability
Listing Types
Nearest Listings
Hidden Gem in Surry Hills/Mins to CBD/3BR House
$368
/night
Vibrant Urban Lifestyle Studio&Convenient location
$176
/night
Homely Surry Hills apartment
N/A
Inner-city retreat - 2 bedroom
$276
/night
Vibrant Urban Lifestyle Room&Convenient location
$202
/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
Bourke St PS
primary
Secondary
Inner Sydney HS
high coed
Source: NSW Department of Education. Catchment zones are updated nightly and subject to change. Visit School Finder for official information.
STRATA MANAGER
Real Property Services Pty Ltd
View profile →
- Licence
- 1078582
- Last AGM
- Oct 2025
- Status
- active
BUILDING BASICS
- Lots
- 73
- Residential
- 71
- Commercial
- 2
- Year built
- 1994
- LGA
- SYDNEY