StrataChecks
SP56443·Strata Plan·Haymarket

414-418 Pitt Street

Haymarket NSW 2000

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AT A GLANCE

2 disputes foundAGM held July 2024

646

total lots in this scheme

Managed by Psmg Pty Ltd. Located in Haymarket, NSW. 33 other strata plans nearby

Lots

646

Year built

1998

Last report

—

Boundary sourced from NSW Spatial Services (StrataHub).

About this building

414-418 Pitt Street is a large 646-lot residential strata scheme in Haymarket, registered in 1998 and now about 28 years old. It is managed by Psmg Pty Ltd and is one of 34 strata plans in Haymarket (Sydney council area). Every unit at 414-418 Pitt Street (lots 1–646) is part of strata scheme SP56443, so the levies, by-laws and disputes below apply to all of them. 2 NCAT tribunal decisions name SP56443.

Buyer's snapshot

Everything a buyer should know about 414-418 Pitt 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
SP56443
Registered
1998-01-30
LGA
SYDNEY
Postcode
2000

Lot Breakdown

Total Lots
646
Residential
646

Building Age

28

years old

Registered 30 January 1998

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

Strata Manager

Psmg Pty Ltd

Licence: 1688934

Last AGM: 9 July 2024

Possibly overdue

About 2 years agoNSW strata schemes must hold an AGM at least once every 12 months.

Annual Reporting

20 Aug 2024

Status

active

Disputes in Haymarket

This building is named in 2 published decisions. Across Haymarket, 6 decisions name a strata plan.

NCAT (tribunal)
0
Court
6
Buildings involved
3 of 34
Per 1,000 lots
1.17 (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 Haymarket suburb profile.

Comparable Buildings in Haymarket

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

BuildingLots
2 Quay Street

SP54036

Managed by Dynamic Property Services Pty Ltd

756
81 Harbour Street

SP98739

Managed by Premium Strata Pty Ltd

363
65 Tumbalong Boulevard

SP95142

Managed by Psmg Pty Ltd

334
33 Ultimo Road

SP90018

Managed by Bright & Duggan Pty Ltd

300
82 Hay Street

SP98926

Managed by Strata Plus Pty Ltd

292
398-408 Pitt Street

SP44910

Managed by Aasadaka Property Services Pty Ltd

281

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

Other strata buildings on Pitt Street

More buildings managed by Psmg Pty Ltd

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.

1 management dispute1 other

Management & governance disputes

1

Strata manager or committee conduct, meetings and voting, records, insurance, compulsory appointment of a manager.

The Owners Strata Plan 56443 v. Regis Towers Real Estate Pty. Limited

Management dispute

CONTRACT - REAL PROPERTY - STRATA TITLES - Agreement for caretaker services to a large complex of strata units - Whether amounted to delegation of functions of owners corporation in breach of Strata Schemes Management Act 1996

24 Sept 2003
Read decision [2003] NSWCA 274 →

Other decisions

1

Procedural rulings (costs, stays, extensions of time) and matters outside strata law.

Brad’s on Tap Plumbing Pty Ltd v The Owners – Strata Plan No 56443

Other

PRACTICE AND PROCEDURE – security for costs – discretion to order security for costs enlivened – no relevant delay - security for costs order made – quantum - UCPR r 42.21 – s 1335(1) Corporations Act 2001 (Cth)

8 Apr 2016
Read decision [2016] NSWSC 512 →

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

DateUnitPrice
28 Nov 2025
Lot 127
$1,100,000
27 Aug 2025
Lot 51
$940,000
6 June 2025
Lot 13
$661,000
22 Sept 2008
Lot 122
$535,000
11 Sept 2008
Lot 79
$500,000
13 June 2008
Lot 23
$503,500
29 Apr 2008
Lot 84
$515,000
22 Feb 2008
Lot 118
$550,000
14 Feb 2008
Lot 49
$450,000
14 Nov 2007
Lot 59
$480,000

30 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 · 33 storeys · 173 dwellings

Estimated cost: $23.5M · Assessed by Council of the City of Sydney

Development Application

DeterminedNearby

Hotel or motel accommodation, Restaurant or cafe

$23.5M33 storeys173 new dwellings
1 Aug 2026

PAN-55287

Development Application

DeterminedNearby

Signage

$30K1 new dwelling
22 Mar 2026

PAN-50433

Development Application

Determined

Office Premise, Change of use of land or a building or the classification of a building under the Building Code of Australia

$80K
15 Dec 2023

PAN-380763

Looking for the builder or developer?

Search for the application number (e.g., PAN-55287) 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

HAYMARKET, NSW 2000

34 strata plans·5,118 total lots·SYDNEY

Transport Accessibility

A

Transport Score: A

Excellent public transport access

T

Nearest Train

Museum

433m away · ~5 min walk

M

Nearest Metro

Gadigal

673m away · ~8 min walk

L

Nearest Light Rail

Chinatown Light Rail

233m away · ~3 min walk

F

Nearest Ferry

Pyrmont Bay

1.5km away · ~18 min walk

B

Bus Stops

28 within 500m · 101 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

84

Listings within 200m

$233

Median / Night

13

Commercial Hosts

30

High Availability

Listing Types

Entire home 65 (77%)
Private room 19 (23%)

Nearest Listings

The Relaxation, CBD | Parking | Desk | Gym | Pool

Entire home/apt·13m away

$325

/night

Sky-High City Escape | Pool, Gym, FREE CBD Parking

Entire home/apt·13m away

$224

/night

City Luxury Apartment | Free Parking | King Bed

Entire home/apt·14m away·Pro host (14 listings)

$328

/night

City at Your Doorstep

Entire home/apt·22m away·Pro host (8 listings)

$202

/night

Comfy and Modern 1B Apartment in Haymarket

Entire home/apt·28m away·Pro host (3 listings)

$203

/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

Fort 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

Psmg Pty Ltd

View profile →


Licence
1688934
Last AGM
July 2024
Status
active

BUILDING BASICS

Lots
646
Residential
646
Year built
1998
LGA
SYDNEY