AT A GLANCE
24
total lots in this scheme
Managed by Lake Group Property Services Pty Limited. Located in Newcastle, NSW. 113 other strata plans nearby
Lots
24
Year built
1966
Last report
—
Boundary sourced from NSW Spatial Services (StrataHub).
About this building
28 Watt Street is a 24-lot mixed-use strata scheme in Newcastle, registered in 1966 and now about 60 years old. It is managed by Lake Group Property Services Pty Limited and is one of 114 strata plans in Newcastle (Newcastle council area). Every unit at 28 Watt Street (lots 1–24) is part of strata scheme SP1845, so the levies, by-laws and disputes below apply to all of them. We found no NCAT tribunal decisions naming SP1845.
Buyer's snapshot
Everything a buyer should know about 28 Watt 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
- SP1845
- Registered
- 1966-02-08
- LGA
- NEWCASTLE
- Postcode
- 2300
Lot Breakdown
- Total Lots
- 24
- Residential
- 21
- Commercial
- 3
Building Age
60
years old
Registered 8 February 1966
Heritage-age building. Expect ongoing major maintenance costs. Check for heritage listing which may affect renovation options
Strata Manager
Licence: 1041666
Last AGM: 26 February 2025
Possibly overdueAbout 1 year agoNSW strata schemes must hold an AGM at least once every 12 months.
Annual Reporting
20 Mar 2025
Status
active
Disputes in Newcastle
No published decision names this building. Across Newcastle, 5 decisions name a strata plan — spread over 5 buildings.
- NCAT (tribunal)
- 4
- Court
- 1
- Buildings involved
- 5 of 114
- Per 1,000 lots
- 1.34 (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 Newcastle suburb profile.
Comparable Buildings in Newcastle
Other strata plans in the same suburb, ordered by similarity in building size.
| Building | Lots |
|---|---|
| 19 Honeysuckle Drive SP80990 Managed by Hunter Strata Management Pty Ltd | 24 |
| 111 Scott Street SP85864 Managed by PICA Services Pty Ltd | 24 |
| 522-526 Hunter Street SP54886 Managed by NVC Strata Pty Ltd | 24 |
| 1 Honeysuckle Drive SP71866 Managed by Dynamic Property Services Pty Ltd | 24 |
| 122 Hunter Street SP90652 Managed by Lake Group Property Services Pty Limited | 24 |
| 50 Wolfe Street SP19837 Managed by NVC Strata Pty Ltd | 25 |
Comparables are other strata plans in Newcastle with similar lot counts.
Other strata buildings on Watt Street
- 67 Watt Street
SP85468 · 113 lots
- 9 Watt Street
SP91597 · 57 lots
- 15 Watt Street
SP109847 · 39 lots
- 46 Watt Street
SP94033 · 18 lots
- 14 Watt Street
SP16024 · 6 lots
- 16 Watt Street
SP66128 · 6 lots
- 23 Watt Street
SP31575 · 5 lots
- 31-33 Watt Street
SP34152 · 5 lots
More buildings managed by Lake Group Property Services Pty Limited
- 24 Bolton Street, Newcastle
SP74206 · 100 lots
- 18 Brown Street, Newcastle
SP87497 · 100 lots
- 10 Worth Place, Newcastle
SP93357 · 72 lots
- 61 Shortland Esplanade, Newcastle
SP72340 · 58 lots
- 77 Shortland Esplanade, Newcastle
SP92940 · 55 lots
- 265 Wharf Road, Newcastle
SP63662 · 50 lots
Risk & History
Sales History
Recent Sales
| Date | Unit | Price |
|---|---|---|
| 19 Jan 2026 | Lot 4 | $645,000 |
| 4 Apr 2025 | Lot 18 | $846,000 |
| 2 Nov 2022 | Lot 5 | $740,000 |
| 17 Mar 2022 | Lot 4 | $592,000 |
| 22 Mar 2021 | Lot 24 | $405,000 |
| 21 Sept 2020 | Lot 16 | $648,000 |
| 5 Nov 2019 | Lot 10 | $495,000 |
| 10 Oct 2019 | Lot 5 | $630,000 |
| 20 Sept 2019 | Lot 1 | $475,000 |
| 19 Sept 2018 | Lot 18 | $637,000 |
27 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 · 1 dwelling
Estimated cost: $1.1M · Assessed by Newcastle City Council
Development Application
DeterminedNearbyDemolition, Alterations and additions to residential development
PAN-340230
Development Application
DeterminedNearbyAlterations and additions to residential development
PAN-284515
Development Application
DeterminedNearbyShop top housing, Change of use
PAN-218916
Looking for the builder or developer?
Search for the application number (e.g., PAN-340230) 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 Newcastle local government area, not this specific property.
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
NEWCASTLE, NSW 2300
Transport Accessibility
Transport Score: B
Good public transport access
Nearest Train
Newcastle Interchange
2.4km away · ~30 min walk
Nearest Light Rail
Newcastle Beach Light Rail
263m away · ~3 min walk
Nearest Ferry
Queens
455m away · ~6 min walk
Bus Stops
12 within 500m · 27 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
Newcastle EPS
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
- Feb 2025
- Status
- active
BUILDING BASICS
- Lots
- 24
- Residential
- 21
- Commercial
- 3
- Year built
- 1966
- LGA
- NEWCASTLE