StrataChecks
SP98554·Strata Plan·Hamilton

2 Veda Street

Hamilton NSW 2303

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AT A GLANCE

1 dispute foundAGM held June 2025

15

total lots in this scheme

Managed by Lake Group Property Services Pty Limited. Located in Hamilton, NSW. 67 other strata plans nearby

Lots

15

Year built

2018

Last report

—

Boundary sourced from NSW Spatial Services (StrataHub).

About this building

2 Veda Street is a 15-lot residential strata scheme in Hamilton, registered in 2018 and now about 8 years old. It is managed by Lake Group Property Services Pty Limited and is one of 68 strata plans in Hamilton (Newcastle council area). Every unit at 2 Veda Street (lots 1–15) is part of strata scheme SP98554, so the levies, by-laws and disputes below apply to all of them. 1 NCAT tribunal decision names SP98554.

Buyer's snapshot

Everything a buyer should know about 2 Veda 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
SP98554
Registered
2018-11-01
LGA
NEWCASTLE
Postcode
2303

Lot Breakdown

Total Lots
15
Residential
11
Utility
4

Building Age

8

years old

Registered 1 November 2018

Past warranty period. First round of common property maintenance typically begins around this age

Strata Manager

Lake Group Property Services Pty Limited

Licence: 1041666

Last AGM: 17 June 2025

Possibly overdue

About 1 year agoNSW strata schemes must hold an AGM at least once every 12 months.

Annual Reporting

23 June 2025

Status

active

Disputes in Hamilton

This building is named in 1 published decision. Across Hamilton, 1 decision names a strata plan.

NCAT (tribunal)
0
Court
1
Buildings involved
1 of 68

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. A per-1,000-lot rate isn't shown: Hamilton has 524 lots, small enough that a single litigious building would move it several-fold. 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 Hamilton suburb profile.

Comparable Buildings in Hamilton

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

BuildingLots
101 Denison Street

SP93468

Managed by Lake Group Property Services Pty Limited

16
44 Veda Street

SP2526

Managed by Hunter Strata Management Pty Ltd

16
22 Donald Street

SP88347

Managed by Lake Group Property Services Pty Limited

14
10 Teramby Road

SP15227

14
84 James Street

SP12804

12
31 Samdon Street

SP79880

Managed by Lake Group Property Services Pty Limited

19

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

Other strata buildings on Veda Street

More buildings managed by Lake Group Property Services Pty Limited

Risk & History

Disputes & Tribunal Cases

1 building defect dispute found

Structural defect disputes can indicate significant building issues. Research shows these correlate with lower property prices.

1 published court/tribunal decision involving this strata plan

Cases from NCAT, Supreme Court, Land & Environment Court, and other NSW courts and tribunals.

1 building defect

Building defects

1

Water ingress, waterproofing, cladding, fire safety, structural damage, rectification claims.

The Owners Strata Plan No. 98554 v Newcastle City Council

Building defect

DEVELOPMENT CONTROL ORDER APPEAL – fire safety – conciliation conference – agreement between the parties – orders

14 Nov 2023
Read decision [2023] NSWLEC 1677 →

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
11 Nov 2025
Lot 10
111 m²
$800,000
13 June 2025
Lot 9
77 m²
$590,000
7 May 2021
Lot 1
$610,000
25 June 2019
Lot 7
112 m²
$630,000
22 Mar 2019
Lot 5
237 m²
$665,000
22 Mar 2019
Lot 8
114 m²
$690,000
15 May 2018
Lot 4
83 m²
$450,000
10 Nov 2017
Lot 11
109 m²
$620,000
7 Sept 2017
Lot 6
184 m²
$610,000
14 July 2017
Lot 1
$499,000

15 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.

Crime Statistics

These statistics cover the entire Newcastle local government area, not this specific property.

Well Above Average

Crime rates in Newcastle 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

HAMILTON, NSW 2303

68 strata plans·524 total lots·NEWCASTLE

Transport Accessibility

B

Transport Score: B

Good public transport access

T

Nearest Train

Hamilton

859m away · ~11 min walk

L

Nearest Light Rail

Honeysuckle Light Rail

1.6km away · ~21 min walk

B

Bus Stops

12 within 500m · 61 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.

School Catchment Zones

This property falls within the following NSW government school intake areas.

Primary

Hamilton PS

primary

Secondary

Newcastle 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

Lake Group Property Services Pty Limited

View profile →


Licence
1041666
Last AGM
June 2025
Status
active

BUILDING BASICS

Lots
15
Residential
11
Utility
4
Year built
2018
LGA
NEWCASTLE