StrataChecks
SP107902·Strata Plan·Neutral Bay

24 Spruson Street

Neutral Bay NSW 2089

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AT A GLANCE

No active disputesAGM held Jan 2025

11

total lots in this scheme

Managed by Metro Asset Management Pty Ltd. Located in Neutral Bay, NSW. 433 other strata plans nearby

Lots

11

Year built

2024

Last report

—

Boundary sourced from NSW Spatial Services (StrataHub).

About this building

24 Spruson Street is an 11-lot residential strata scheme in Neutral Bay, registered in 2024 and now about 2 years old. It is managed by Metro Asset Management Pty Ltd and is one of 434 strata plans in Neutral Bay (North Sydney council area). Every unit at 24 Spruson Street (lots 1–11) is part of strata scheme SP107902, so the levies, by-laws and disputes below apply to all of them. We found no NCAT tribunal decisions naming SP107902.

Buyer's snapshot

Everything a buyer should know about 24 Spruson 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
SP107902
Registered
2024-09-05
LGA
NORTH SYDNEY
Postcode
2089

Lot Breakdown

Total Lots
11
Residential
11

Building Age

2

years old

Registered 5 September 2024

New build — may still be under builder's defect warranty (typically 2 years for minor, 6 years for major defects)

Strata Manager

Metro Asset Management Pty Ltd

Licence: 1615482

Last AGM: 27 January 2025

Possibly overdue

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

Annual Reporting

8 Sept 2025

Status

active

Disputes in Neutral Bay

No published decision names this building. Across Neutral Bay, 9 decisions name a strata plan — spread over 7 buildings.

NCAT (tribunal)
3
Court
5
Buildings involved
7 of 434
Per 1,000 lots
1.79 (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 Neutral Bay suburb profile.

Comparable Buildings in Neutral Bay

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

BuildingLots
27 Merlin Street

SP31786

Managed by PICA Services Pty Ltd

11
199 Falcon Street

SP12513

11
69 Shellcove Road

SP2918

Managed by Strata Partners Pty Ltd

11
17 Wyagdon Street

SP20922

Managed by Strata Choice Pty Ltd

11
16 Eaton Street

SP6317

12
18 Byrnes Avenue

SP11893

12

Comparables are other strata plans in Neutral Bay with similar lot counts.

Other strata buildings on Spruson Street

More buildings managed by Metro Asset Management Pty Ltd

Risk & History

Sales History

Recent Sales

DateUnitPrice
13 Mar 2026
Lot 5
200 m²
$4,000,000
29 Oct 2025
Lot 7
215 m²
$4,080,000
4 Sept 2024
Lot 2
331 m²
$6,300,000
28 Sept 2023
Lot 4
210 m²
$4,200,000
21 Sept 2022
Lot 1
303 m²
$4,975,000
7 Mar 2022
Lot 8
191 m²
$4,325,000

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 · 12 dwellings

Estimated cost: $12.5M · Assessed by North Sydney Council

Development Application

DeterminedNearby

Residential flat building

$12.5M12 new dwellings
1 Aug 2026

PAN-80543

Development Application

DeterminedNearby

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

$65K1 new dwelling
31 Mar 2026

PAN-609368

Development Application

DeterminedNearby

Demolition, Alterations and additions to residential development

$570K2 storeys1 new dwelling
22 Mar 2026

PAN-66919

Looking for the builder or developer?

Search for the application number (e.g., PAN-80543) 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 North Sydney local government area, not this specific property.

Well Below Average

Crime rates in North Sydney LGA are significantly lower 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

NEUTRAL BAY, NSW 2089

434 strata plans·5,038 total lots·NORTH SYDNEY

Transport Accessibility

B

Transport Score: B

Good public transport access

T

Nearest Train

North Sydney

857m away · ~11 min walk

M

Nearest Metro

Victoria Cross

763m away · ~10 min walk

F

Nearest Ferry

Neutral Bay

580m away · ~7 min walk

B

Bus Stops

12 within 500m · 81 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

$116

Median / Night

1

Commercial Hosts

2

High Availability

Listing Types

Entire home 1 (33%)
Private room 2 (67%)

Nearest Listings

Ten minutes to the Opera House

Private room·136m away

$116

/night

Neutral Bay nest | Heritage charm x modern comfort

Entire home/apt·149m away·Pro host (40 listings)

$253

/night

Room with a view

Private room·151m away

$114

/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

Neutral Bay PS

primary

Secondary

Mosman 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

Metro Asset Management Pty Ltd

View profile →


Licence
1615482
Last AGM
Jan 2025
Status
active

BUILDING BASICS

Lots
11
Residential
11
Year built
2024
LGA
NORTH SYDNEY