StrataChecks
SP97580·Strata Plan·Penrith

38 Hope Street

Penrith NSW 2750

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AT A GLANCE

Building Commission order in forceNo active disputesAGM held Aug 2025

24

total lots in this scheme

Managed by Nepean Strata Management Pty Ltd. Located in Penrith, NSW. 427 other strata plans nearby

Lots

24

Year built

2018

Last report

—

Boundary sourced from NSW Spatial Services (StrataHub).

About this building

38 Hope Street is a 24-lot residential strata scheme in Penrith, registered in 2018 and now about 8 years old. It is managed by Nepean Strata Management Pty Ltd and is one of 428 strata plans in Penrith (Penrith council area). Every unit at 38 Hope Street (lots 1–24) is part of strata scheme SP97580, so the levies, by-laws and disputes below apply to all of them. We found no NCAT tribunal decisions naming SP97580.

Buyer's snapshot

Everything a buyer should know about 38 Hope 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
SP97580
Registered
2018-06-19
LGA
PENRITH
Postcode
2750

Lot Breakdown

Total Lots
24
Residential
24

Building Age

8

years old

Registered 19 June 2018

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

Strata Manager

Nepean Strata Management Pty Ltd

Licence: 868103

Last AGM: 6 August 2025

About 1 year ago

Annual Reporting

12 Aug 2025

Status

active

Disputes in Penrith

No published NCAT or court decision names a strata plan in Penrith — including this building. That is not the same as no disputes: most strata disputes settle or are decided without a published judgment, and only decisions that name a plan number can be matched to a building at all.

Comparable Buildings in Penrith

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

BuildingLots
175 Derby Street

SP12761

24
132 Coreen Avenue

SP54227

Managed by Nepean Strata Management Pty Ltd

24
171 Derby Street

SP11460

24
114 Station Street

SP100688

Managed by Nepean Strata Management Pty Ltd

25
17-19 Haynes Street

SP76176

Managed by Nepean Strata Management Pty Ltd

26
15 Vista Street

SP99929

Managed by Jameson & Associates Unit Services Pty Ltd

26

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

Other strata buildings on Hope Street

More buildings managed by Nepean Strata Management Pty Ltd

Risk & History

Building Commission Orders

1 Building Commission order in force

The NSW Building Commissioner has ordered the developer or builder to fix serious defects, stop work, or has prohibited occupation or strata registration. Ask for the defect schedule and the rectification status before you exchange.

Building work rectification order

Building Work Rectification Order for Design Developments Sydney Pty Ltd

Issued to Design Developments Sydney Pty Ltd

38 Hope Street, Penrith, NSW, 2750 (SP97580)

Issued 31 Aug 2026

Design Developments Sydney Pty Ltd (ACN 607 302 385) is being given this Building Work Rectification Order (Order) in relation 38 Hope Street, Penrith NSW 2750 (SP97580). Design Developments Sydney Pty Ltd (ACN 607 302 385) is required to cause building work to be carried out to remediate the serious defects as set out below in this Order. Failure to comply with the requirements in this Order is a criminal offence. Initial date of Order: 30 March 2026

Issued under Section 33 of the Residential Apartment Buildings (Compliance and Enforcement Powers) Act 2020

Source: Building Commission NSW register of building work orders. The register lists orders currently in force on residential buildings; orders that have been complied with or revoked are removed. Orders are matched to this plan by the plan number or address named on the order.

Sales History

Recent Sales

DateUnitPrice
7 Apr 2026
Lot 17
$520,000
20 Mar 2026
Lot 19
$615,000
24 July 2025
Lot 11
$575,000
17 July 2025
Lot 8
$640,000
25 Feb 2025
Lot 13
$560,000
17 Feb 2025
Lot 3
$580,000
12 Feb 2025
Lot 6
$570,000
18 July 2024
Lot 20
$540,000
7 July 2024
Lot 2
$431,000
22 Dec 2022
Lot 24
$515,000

33 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 storeys · 38 dwellings

Estimated cost: $9.1M · Assessed by Penrith City Council

Development Application

DeterminedNearby

Residential flat building

$9.1M6 storeys38 new dwellings
1 Aug 2026

PAN-18039

Modification Application

DeterminedNearby

Health services facilities

$1M1 new dwelling
20 Mar 2026

PAN-8108

Modification Application

DeterminedNearby

Residential flat building

$9M42 new dwellings
22 July 2023

PAN-221830

Looking for the builder or developer?

Search for the application number (e.g., PAN-18039) 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 Penrith local government area, not this specific property.

Above Average

Crime rates in Penrith LGA are 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

PENRITH, NSW 2750

428 strata plans·5,848 total lots·PENRITH

Transport Accessibility

B

Transport Score: B

Good public transport access

T

Nearest Train

Kingswood

1.2km away · ~15 min walk

B

Bus Stops

20 within 500m · 80 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

4

Listings within 200m

$138

Median / Night

2

Commercial Hosts

Listing Types

Entire home 4 (100%)

Nearest Listings

Your Private Comfort Zone

Entire home/apt·50m away

$108

/night

Penrith|Nepean hospital|4Br house|wifi&Parking

Entire home/apt·125m away·Pro host (3 listings)

$276

/night

Nepean Tranquility

Entire home/apt·173m away·Pro host (11 listings)

$160

/night

Clean & Cozy Suite in Penrith

Entire home/apt·188m away

$116

/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

Penrith PS

primary

Secondary

Jamison 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

Nepean Strata Management Pty Ltd

View profile →


Licence
868103
Last AGM
Aug 2025
Status
active

BUILDING BASICS

Lots
24
Residential
24
Year built
2018
LGA
PENRITH