AT A GLANCE
247
total lots in this scheme
Managed by Wellman Strata Management Pty Ltd. Located in Sydney, NSW. 203 other strata plans nearby
Lots
247
Year built
1982
Last report
—
Boundary sourced from NSW Spatial Services (StrataHub).
About this building
25 Market Street is a large 247-lot mixed-use strata scheme in Sydney, registered in 1982 and now about 44 years old. It is managed by Wellman Strata Management Pty Ltd and is one of 204 strata plans in Sydney (Sydney council area). Every unit at 25 Market Street (lots 1–247) is part of strata scheme SP18892, so the levies, by-laws and disputes below apply to all of them. We found no NCAT tribunal decisions naming SP18892.
Buyer's snapshot
Everything a buyer should know about 25 Market 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
- SP18892
- Registered
- 1982-07-23
- LGA
- SYDNEY
- Postcode
- 2000
Lot Breakdown
- Total Lots
- 247
- Residential
- 127
- Commercial
- 2
Building Age
44
years old
Registered 23 July 1982
Heritage-age building. Expect ongoing major maintenance costs. Check for heritage listing which may affect renovation options
Strata Manager
Disputes in Sydney
No published decision names this building. Across Sydney, 68 decisions name a strata plan — spread over 31 buildings.
- NCAT (tribunal)
- 19
- Court
- 48
- Buildings involved
- 31 of 204
- Per 1,000 lots
- 3.88 (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 Sydney suburb profile.
Comparable Buildings in Sydney
Other strata plans in the same suburb, ordered by similarity in building size.
| Building | Lots |
|---|---|
| 197-199 Castlereagh Street SP51487 Managed by Direct Management Group Pty Ltd | 253 |
| 5 York Street SP17972 | 259 |
| 251 Clarence Street SP19543 Managed by Result Property Group Pty Ltd | 260 |
| 281-285 Elizabeth Street SP55468 Managed by Strata Choice Pty Ltd | 276 |
| 27 Park Street SP3397 Managed by McCormacks NSW Pty Ltd | 280 |
| 157-167 Liverpool Street SP83861 Managed by Result Property Group Pty Ltd | 204 |
Comparables are other strata plans in Sydney with similar lot counts.
Other strata buildings on Market Street
- 22 Market Street
SP76099 · 36 lots
More buildings managed by Wellman Strata Management Pty Ltd
- 336-346 Sussex Street, Sydney
SP31284 · 159 lots
- 188 Day Street, Sydney
SP90171 · 120 lots
- 72 Pitt Street, Sydney
SP19316 · 16 lots
- 1 Sergeants Lane, St Leonards
SP61518 · 333 lots
- 1 Network Place, North Ryde
SP98059 · 322 lots
- 7-13 Centennial Avenue, Lane Cove North
SP91534 · 214 lots
Risk & History
Sales History
Recent Sales
| Date | Unit | Price |
|---|---|---|
| 28 Nov 2025 | Lot 124 | $6,600,000 |
| 8 Sept 2025 | Lot 40 | $145,000 |
| 3 Sept 2025 | Lot 199 | $1,550,000 |
| 3 Sept 2025 | Lot 141 | $1,550,000 |
| 29 July 2025 | Lot 164 | $875,000 |
| 16 May 2025 | Lot 53 | $913,000 |
| 15 May 2025 | Lot 50 | $160,000 |
| 14 May 2025 | Lot 81 | $2,175,000 |
| 11 Nov 2024 | Lot 204 | $141,000 |
| 20 Aug 2024 | Lot 206 | $1,000,000 |
74 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
Development Application
DeterminedAdvertising and signage, Food and drink premise
PAN-588485
Modification Application
DeterminedRecreation facility (indoor), Hours of operation and trading
PAN-676674
Modification Application
DeterminedRecreational Uses
PAN-117390
Looking for the builder or developer?
Search for the application number (e.g., PAN-588485) 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.
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
SYDNEY, NSW 2000
Transport Accessibility
Transport Score: A
Excellent public transport access
Nearest Train
Town Hall
309m away · ~4 min walk
Nearest Metro
Gadigal
389m away · ~5 min walk
Nearest Light Rail
QVB
146m away · ~2 min walk
Nearest Ferry
Darling Harbour, King Street
640m away · ~8 min walk
Bus Stops
29 within 500m · 91 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
26
Listings within 200m
$362
Median / Night
12
Commercial Hosts
11
High Availability
Listing Types
Nearest Listings
CBD crib | Stylish studio with cityscape views
$259
/night
Spacious Apartment in the Heart of the CBD
$264
/night
Aircabin - Sydney CBD - Best Location - 1 Bed Apt
$248
/night
Urban Luxe on York-1 bdr condo in heart of Sydney
$290
/night
urban serenity: quiet stay in central Sydney
$446
/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.
BUILDING BASICS
- Lots
- 247
- Residential
- 127
- Commercial
- 2
- Year built
- 1982
- LGA
- SYDNEY