AT A GLANCE
190
total lots in this scheme
Managed by Stratawide Management Pty Ltd. Located in Surry Hills, NSW. 215 other strata plans nearby
Lots
190
Year built
1999
Last report
—
Boundary sourced from NSW Spatial Services (StrataHub).
About this building
242 Elizabeth Street is a large 190-lot mixed-use strata scheme in Surry Hills, registered in 1999 and now about 27 years old. It is managed by Stratawide Management Pty Ltd and is one of 216 strata plans in Surry Hills (Sydney council area). Every unit at 242 Elizabeth Street (lots 1–190) is part of strata scheme SP61439, so the levies, by-laws and disputes below apply to all of them. We found no NCAT tribunal decisions naming SP61439.
Buyer's snapshot
Everything a buyer should know about 242 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
- SP61439
- Registered
- 1999-10-26
- LGA
- SYDNEY
- Postcode
- 2010
Lot Breakdown
- Total Lots
- 190
- Residential
- 164
- Commercial
- 10
- Utility
- 16
Building Age
27
years old
Registered 26 October 1999
Significant capital expenditure expected — plumbing, electrical, facade repairs. Special levies are common for buildings this age
Strata Manager
Licence: 10064625
Last AGM: 3 June 2025
Possibly overdueAbout 1 year agoNSW strata schemes must hold an AGM at least once every 12 months.
Annual Reporting
1 July 2025
Status
active
Disputes in Surry Hills
No published decision names this building. Across Surry Hills, 20 decisions name a strata plan — spread over 9 buildings.
- 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 |
|---|---|
| 20 Pelican Street SP73908 Managed by Strata Choice Pty Ltd | 190 |
| 13 Waine Street SP43251 Managed by Jameson & Associates Unit Services Pty Ltd | 177 |
| 5-13 Hutchinson Street SP20659 Managed by Harvie Strata Management Pty Ltd | 175 |
| 400-412 Elizabeth Street SP71569 Managed by Strata Sense Pty Ltd | 157 |
| 6-18 Poplar Street SP64038 Managed by Dynamic Property Services Pty Ltd | 230 |
| 8 Cooper Street SP63860 Managed by Dynamic Property Services Pty Ltd | 143 |
Comparables are other strata plans in Surry Hills with similar lot counts.
Other strata buildings on Elizabeth Street
- 400-412 Elizabeth Street
SP71569 · 157 lots
- 446-458 Elizabeth Street
SP44070 · 121 lots
- 543-551 Elizabeth Street
SP48226 · 73 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 Stratawide Management Pty Ltd
- 11 Hassall Street, Parramatta
SP98096 · 225 lots
- 2 Defries Avenue, Zetland
SP90181 · 206 lots
- 25-33 Allen Street, Waterloo
SP71897 · 198 lots
- 18 Hilly Street, Mortlake
SP95582 · 178 lots
- 116 Bathurst Street, Sydney
SP103354 · 130 lots
- 892 Anzac Parade, Maroubra
SP75824 · 115 lots
Risk & History
Sales History
Recent Sales
| Date | Unit | Price |
|---|---|---|
| 15 Apr 2026 | Lot 63 | $851,000 |
| 23 Feb 2026 | Lot 66 | $665,000 |
| 6 Dec 2025 | Lot 151 | $761,000 |
| 4 Dec 2025 | Lot 142 | $790,000 |
| 13 Nov 2025 | Lot 12 | $735,000 |
| 2 Oct 2025 | Lot 98 | $780,000 |
| 24 Sept 2025 | Lot 72 | $750,000 |
| 1 Aug 2025 | Lot 85 | $755,000 |
| 24 Dec 2024 | Lot 47 | $690,000 |
| 27 Nov 2024 | Lot 129 | $800,000 |
116 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 · 6 dwellings
Estimated cost: $1.2M · Assessed by Council of the City of Sydney
Development Application
Additional Information RequestedDemolition, Residential flat building, Alterations or additions to an existing building or structure
PAN-671219
Development Application
WithdrawnDemolition, Residential flat building, Alterations or additions to an existing building or structure
PAN-658543
Development Application
DeterminedNearbyAlterations and additions to commercial development
PAN-363977
Looking for the builder or developer?
Search for the application number (e.g., PAN-671219) 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
379m away · ~5 min walk
Nearest Metro
Gadigal
938m away · ~12 min walk
Nearest Light Rail
Haymarket Light Rail
349m away · ~4 min walk
Nearest Ferry
Pyrmont Bay
1.7km away · ~22 min walk
Bus Stops
26 within 500m · 90 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
16
Listings within 200m
$189
Median / Night
7
Commercial Hosts
5
High Availability
Listing Types
Nearest Listings
Modern Inner-City Stay | 2BED, 2BAT, 1PARK
$341
/night
The Library Room
$162
/night
Charming one-bedroom
$180
/night
Modern 2BR City Apt | Walk to Central + Parking
$303
/night
Queen bedroom
$117
/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
Crown 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
Stratawide Management Pty Ltd
View profile →
- Licence
- 10064625
- Last AGM
- June 2025
- Status
- active
BUILDING BASICS
- Lots
- 190
- Residential
- 164
- Commercial
- 10
- Utility
- 16
- Year built
- 1999
- LGA
- SYDNEY