AT A GLANCE
10
total lots in this scheme
Managed by Realise Consulting Pty Ltd. Located in Randwick, NSW. 779 other strata plans nearby
Lots
10
Year built
1997
Last report
—
Boundary sourced from NSW Spatial Services (StrataHub).
About this building
53-55 Market Street is a 10-lot residential strata scheme in Randwick, registered in 1997 and now about 29 years old. It is managed by Realise Consulting Pty Ltd and is one of 780 strata plans in Randwick (Randwick council area). Every unit at 53-55 Market Street (lots 1–10) is part of strata scheme SP55232, so the levies, by-laws and disputes below apply to all of them. We found no NCAT tribunal decisions naming SP55232.
Buyer's snapshot
Everything a buyer should know about 53-55 Market 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
- SP55232
- Registered
- 1997-08-04
- LGA
- RANDWICK
- Postcode
- 2031
Lot Breakdown
- Total Lots
- 10
- Residential
- 10
Building Age
29
years old
Registered 4 August 1997
Significant capital expenditure expected — plumbing, electrical, facade repairs. Special levies are common for buildings this age
Strata Manager
Licence: 10051238
Last AGM: 18 September 2025
About 1 year ago
Annual Reporting
31 Oct 2025
Status
active
Disputes in Randwick
No published decision names this building. Across Randwick, 11 decisions name a strata plan — spread over 10 buildings.
- NCAT (tribunal)
- 3
- Court
- 8
- Buildings involved
- 10 of 780
- Per 1,000 lots
- 1.15 (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 Randwick suburb profile.
Comparable Buildings in Randwick
Other strata plans in the same suburb, ordered by similarity in building size.
| Building | Lots |
|---|---|
| 16 Glebe Street SP15654 | 10 |
| 21 Mears Avenue SP1733 | 10 |
| 36 Frenchmans Road SP140 Managed by Alldis & Cox (Coogee) Pty Ltd | 10 |
| 14 Silver Street SP174 Managed by Dynamic Property Services Pty Ltd | 10 |
| 1 Daintrey Crescent SP96321 Managed by R D Wedd Pty Ltd | 10 |
| 175-177 Alison Road SP13342 | 10 |
Comparables are other strata plans in Randwick with similar lot counts.
Other strata buildings on Market Street
- 57-61 Market Street
SP8339 · 24 lots
- 52 Market Street
SP2002 · 12 lots
- 37 Market Street
SP1051 · 9 lots
- 49-51 Market Street
SP66302 · 9 lots
- 39 Market Street
SP13344 · 8 lots
- 63-65 Market Street
SP64657 · 8 lots
- 38-40 Market Street
SP3474 · 6 lots
- 5 Market Street
SP70718 · 4 lots
More buildings managed by Realise Consulting Pty Ltd
- 45 Ocean Avenue, Double Bay
SP2795 · 82 lots
- 277-285 Crown Street, Surry Hills
SP61092 · 52 lots
- 38 Bay Street, Double Bay
SP75071 · 40 lots
- 2 Holt Street, Double Bay
SP679 · 28 lots
- 273-279 Old South Head Road, Bondi Beach
SP22783 · 28 lots
- 16 Diamond Bay Road, Vaucluse
SP2223 · 26 lots
Risk & History
Sales History
Recent Sales
| Date | Unit | Price |
|---|---|---|
| 26 Mar 2025 | Lot 3 218 m² | $1,410,000 |
| 12 Nov 2024 | Lot 10 95 m² | $1,300,000 |
| 19 Oct 2023 | Lot 4 124 m² | $1,380,000 |
| 12 Oct 2023 | Lot 5 105 m² | $1,325,000 |
| 27 Sept 2019 | Lot 10 95 m² | $1,000,000 |
| 10 Aug 2018 | Lot 1 131 m² | $1,035,000 |
| 28 Sept 2015 | Lot 5 | $850,000 |
| 3 May 2010 | Lot 3 | $660,000 |
| 13 Nov 2004 | Lot 4 | $430,000 |
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 · 3 dwellings
Estimated cost: $982K · Assessed by Randwick City Council
Development Application
DeterminedNearbyMixed use development
PAN-240580
Development Application
DeterminedNearbyDwelling house, Alterations or additions to an existing building or structure
PAN-465771
Development Application
DeterminedNearbyAttached dwelling
PAN-166205
Looking for the builder or developer?
Search for the application number (e.g., PAN-240580) 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 Randwick local government area, not this specific property.
Crime rates in Randwick 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
RANDWICK, NSW 2031
Transport Accessibility
Transport Score: C
Moderate public transport access
Nearest Train
Bondi Junction
1.7km away · ~22 min walk
Nearest Light Rail
Wansey Road Light Rail
1.1km away · ~14 min walk
Bus Stops
20 within 500m · 80 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
3
Listings within 200m
$305
Median / Night
0
Commercial Hosts
2
High Availability
Listing Types
Nearest Listings
Beautiful bright 2 bed
$383
/night
Peaceful Randwick apartment near Clovelly Beach
$162
/night
A stylish and well located 2-level loft apartment
$305
/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
Randwick 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
- 10
- Residential
- 10
- Year built
- 1997
- LGA
- RANDWICK