StrataChecks
SP55379·Strata Plan·Newtown

502-504 KING STREET NEWTOWN

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AT A GLANCE

No active disputesAGM held May 2025

6

total lots in this scheme

Managed by Verdun Walsh Real Estate Pty Ltd. Located in Newtown, NSW. 136 other strata plans nearby

Lots

6

Year built

1997

Last report

Boundary sourced from NSW Spatial Services (StrataHub).

Street view of 502-504 KING STREET NEWTOWN

Imagery from Google Street View. Location may be approximate.

Plan Details

Plan Number
SP55379
Registered
1997-08-28
LGA
SYDNEY
Postcode
2042

Lot Breakdown

Total Lots
6
Residential
4
Commercial
2

Building Age

28

years old

Registered 28 August 1997

Significant capital expenditure expected — plumbing, electrical, facade repairs. Special levies are common for buildings this age

Strata Manager

Verdun Walsh Real Estate Pty Ltd

Licence: 821984

Last AGM: 13 May 2025

About 1 year ago

Annual Reporting

17 May 2025

Status

Active

Comparable Buildings in NEWTOWN

Other strata plans in the same suburb, ordered by similarity in building size.

BuildingLots
222 WILSON STREET NEWTOWN

SP56711

Managed by Reif Group Pty Ltd

6
3-5 HOLDSWORTH STREET NEWTOWN

SP2057

6
1 IREDALE STREET NEWTOWN

SP18897

Managed by Glen & Joanne Mobbs Pty Ltd

6
7 PEMELL LANE NEWTOWN

SP45436

Managed by PICA Services Pty Ltd

6
228 KING STREET NEWTOWN

SP107146

6
18 STATION STREET NEWTOWN

SP93185

Managed by Strataopt Pty Ltd

6

Comparables are other strata plans in NEWTOWN with similar lot counts.

Risk & History

Sales History

Recent Sales

DateUnitPrice
15 June 2020
Lot 4
$765,000
2 Dec 2019
Lot 6
$865,000
20 Dec 2016
Lot 1
$490,000
12 Aug 2015
Lot 4
$672,000
26 June 2014
Lot 6
$600,000
12 Feb 2004
Lot 2
$352,000

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 · 1 dwelling

Estimated cost: $390K · Assessed by Inner West Council

Development Application

DeterminedNearby

Demolition, Dwelling house, Alterations or additions to an existing building or structure

$390K2 storeys1 new dwelling
4 Sept 2025

PAN-550933

Development Application

WithdrawnNearby

Boarding house

$78K2 storeys7 new dwellings
14 Jan 2025

PAN-244293

Development Application

WithdrawnNearby

Alterations and additions to residential development

$632K2 storeys1 new dwelling
29 Nov 2023

PAN-295923

Looking for the builder or developer?

Search for the application number (e.g., PAN-550933) 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.

Well Above Average

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

NEWTOWN, NSW 2042

137 strata plans·2,898 total lots·INNER WEST

Transport Accessibility

A

Transport Score: A

Excellent public transport access

T

Nearest Train

Newtown

440m away · ~6 min walk

M

Nearest Metro

Waterloo

2.0km away · ~25 min walk

B

Bus Stops

13 within 500m · 41 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

12

Listings within 200m

$196

Median / Night

4

Commercial Hosts

10

High Availability

Listing Types

Entire home 7 (58%)
Private room 5 (42%)

Nearest Listings

Newtown Cozy Stays - Double Room Shared Bathroom

Private room·51m away·Pro host (5 listings)

N/A

NewtownCozyStays - Double Ensuite Bedroom

Private room·51m away·Pro host (5 listings)

N/A

Newtown Cozy Stays - Twin Room Shared Bathroom

Private room·51m away·Pro host (5 listings)

N/A

2BR Apt. in the Heart of Newtown + Parking

Entire home/apt·53m away·Pro host (4 listings)

$329

/night

Apartment in the heart of Newtown

Entire home/apt·63m away

$185

/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

Newtown PS

primary

Secondary

Newtown HS of Performing Arts

high coed

Source: NSW Department of Education. Catchment zones are updated nightly and subject to change. Visit School Finder for official information.

STRATA MANAGER

Verdun Walsh Real Estate Pty Ltd

View profile →


Licence
821984
Last AGM
May 2025
Status
Active

BUILDING BASICS

Lots
6
Residential
4
Commercial
2
Year built
1997
LGA
SYDNEY