Lake Group Property Services Pty Limited is the 2nd-largest strata manager in NSW by number of schemes, managing 1,250 schemes with 13,081 total lots. With an average of just 10 lots per scheme (state average: 20), it focuses on smaller schemes such as townhouse complexes and walk-up blocks. It has a broad geographic spread across 123 suburbs, with Warners Bay as its largest market (6%). AGM compliance is 72%, roughly in line with the state-wide average of 70%. There are 6 recorded tribunal or court decisions involving its schemes (3 at NCAT, 1 in the Supreme Court). Of these, 5 resulted in orders being made and 1 were dismissed.
Distribution of schemes by total lot count. Average scheme size: 10.5 lots. The portfolio is dominated by small schemes (10 lots or fewer), typical of townhouse and villa complexes.
Schemes by registration decade. Oldest scheme registered 1963, newest 2024.
| Suburb | Schemes | Lots | % of Portfolio | Market Share | |
|---|---|---|---|---|---|
| Warners Bay 2282 | 81 | 725 | 6% | 32.9% | |
| Charlestown 2290 | 80 | 935 | 6% | 27.6% | |
| Merewether 2291 | 74 | 442 | 6% | 18.3% | |
| Wallsend 2287 | 67 | 954 | 5% | 15.5% | |
| New Lambton 2305 | 52 | 304 | 4% | 34.7% | |
| Adamstown 2289 | 51 | 503 | 4% | 32.1% | |
| Cardiff 2285 | 33 | 203 | 3% | 33.0% | |
| Newcastle 2300 | 31 | 1,007 | 2% | 18.9% | |
| Kahibah 2290 | 30 | 188 | 2% | 46.2% | |
| Cooks Hill 2300 | 27 | 637 | 2% | 30.7% |
| Toronto 2283 | 25 | 232 | 2% | 28.7% | |
| Hamilton 2303 | 24 | 256 | 2% | 34.8% | |
| Belmont 2280 | 23 | 236 | 2% | 28.7% | |
| The Hill 2300 | 22 | 123 | 2% | 20.8% | |
| Mount Hutton 2290 | 21 | 277 | 2% | 31.8% | |
| Mayfield 2304 | 20 | 127 | 2% | 9.9% | |
| Elermore Vale 2287 | 19 | 121 | 2% | 25.0% | |
| Valentine 2280 | 18 | 78 | 1% | 21.7% | |
| Shortland 2307 | 17 | 147 | 1% | 41.5% | |
| Waratah 2298 | 17 | 124 | 1% | 23.9% | |
| Jesmond 2299 | 17 | 120 | 1% | 23.0% | |
| Blackalls Park 2283 | 17 | 110 | 1% | 45.9% | |
| Lambton 2299 | 17 | 87 | 1% | 20.0% | |
| Mayfield West 2304 | 15 | 149 | 1% | 28.8% | |
| Morisset 2264 | 15 | 128 | 1% | 20.8% | |
| Boolaroo 2284 | 14 | 62 | 1% | 37.8% | |
| Kotara 2289 | 14 | 77 | 1% | 35.0% | |
| Whitebridge 2290 | 13 | 108 | 1% | 35.1% | |
| Broadmeadow 2292 | 13 | 115 | 1% | 35.1% | |
| Swansea 2281 | 13 | 139 | 1% | 18.8% | |
| Redhead 2290 | 13 | 104 | 1% | 36.1% | |
| Beresfield 2322 | 12 | 99 | 1% | 18.2% | |
| Hawks Nest 2324 | 12 | 94 | 1% | 10.0% | |
| East Maitland 2323 | 11 | 51 | 1% | 5.7% | |
| Cameron Park 2285 | 10 | 934 | 1% | 21.3% | |
| Newcastle East 2300 | 10 | 102 | 1% | 37.0% | |
| The Junction 2291 | 10 | 76 | 1% | 21.7% | |
| Maryville 2293 | 10 | 76 | 1% | 35.7% | |
| Thornton 2322 | 10 | 42 | 1% | 6.6% | |
| Islington 2296 | 9 | 167 | 1% | 31.0% | |
| Belmont North 2280 | 9 | 175 | 1% | 42.9% | |
| Edgeworth 2285 | 9 | 98 | 1% | 27.3% | |
| Newcastle West 2302 | 8 | 137 | 1% | 22.2% | |
| Fletcher 2287 | 8 | 57 | 1% | 25.0% | |
| Gateshead 2290 | 8 | 83 | 1% | 42.1% | |
| Bar Beach 2300 | 8 | 59 | 1% | 22.2% | |
| Raymond Terrace 2324 | 8 | 38 | 1% | 5.0% | |
| Warabrook 2304 | 7 | 155 | 1% | 13.7% | |
| Wickham 2293 | 7 | 105 | 1% | 14.3% | |
| Bennetts Green 2290 | 7 | 68 | 1% | 33.3% | |
| Hamilton South 2303 | 7 | 40 | 1% | 25.9% | |
| Adamstown Heights 2289 | 6 | 51 | 0% | 50.0% | |
| Caves Beach 2281 | 6 | 48 | 0% | 23.1% | |
| Speers Point 2284 | 6 | 40 | 0% | 16.7% | |
| Dudley 2290 | 6 | 38 | 0% | 50.0% | |
| Rutherford 2320 | 6 | 43 | 0% | 4.7% | |
| Carrington 2294 | 5 | 134 | 0% | 20.0% | |
| Fennell Bay 2283 | 5 | 140 | 0% | 50.0% | |
| Marks Point 2280 | 5 | 95 | 0% | 22.7% | |
| Kurri Kurri 2327 | 5 | 33 | 0% | 6.8% | |
| Birmingham Gardens 2287 | 5 | 21 | 0% | 16.1% | |
| Eleebana 2282 | 4 | 140 | 0% | 3.3% | |
| Metford 2323 | 4 | 49 | 0% | 6.0% | |
| Maitland 2320 | 4 | 33 | 0% | 10.5% | |
| Rathmines 2283 | 4 | 18 | 0% | 16.0% | |
| Maryland 2287 | 4 | 18 | 0% | 7.1% | |
| North Lambton 2299 | 4 | 16 | 0% | 12.5% | |
| Mayfield East 2304 | 4 | 17 | 0% | 17.4% | |
| Tuggerah 2259 | 3 | 45 | 0% | 3.3% | |
| Carey Bay 2283 | 3 | 50 | 0% | 42.9% | |
| Waratah West 2298 | 3 | 22 | 0% | 18.8% | |
| Teralba 2284 | 3 | 26 | 0% | 37.5% | |
| Tea Gardens 2324 | 3 | 20 | 0% | 6.2% | |
| Argenton 2284 | 3 | 19 | 0% | 30.0% | |
| Cardiff South 2285 | 3 | 17 | 0% | 12.0% | |
| Kilaben Bay 2283 | 3 | 14 | 0% | 50.0% | |
| Georgetown 2298 | 3 | 15 | 0% | 15.0% | |
| Glendale 2285 | 3 | 16 | 0% | 25.0% | |
| Tenambit 2323 | 3 | 14 | 0% | 9.1% | |
| Aberglasslyn 2320 | 3 | 10 | 0% | 6.2% | |
| Fullerton Cove 2318 | 2 | 30 | 0% | 100.0% | |
| Windale 2306 | 2 | 17 | 0% | 50.0% | |
| Tarro 2322 | 2 | 17 | 0% | 20.0% | |
| Raworth 2321 | 2 | 12 | 0% | 5.9% | |
| Sandgate 2304 | 2 | 20 | 0% | 18.2% | |
| Floraville 2280 | 2 | 9 | 0% | 8.0% | |
| Woodberry 2322 | 2 | 9 | 0% | 28.6% | |
| Stockton 2295 | 2 | 7 | 0% | 9.5% | |
| Gloucester 2422 | 2 | 8 | 0% | 16.7% | |
| Hamilton North 2292 | 2 | 7 | 0% | 22.2% | |
| Highfields 2289 | 2 | 7 | 0% | 40.0% | |
| Aberdare 2325 | 2 | 5 | 0% | 3.4% | |
| Blue Bay 2261 | 2 | 6 | 0% | 3.2% | |
| Tighes Hill 2297 | 2 | 6 | 0% | 12.5% | |
| Fingal Bay 2315 | 2 | 5 | 0% | 2.2% | |
| Salamander Bay 2317 | 1 | 99 | 0% | 0.7% | |
| Lakelands 2282 | 1 | 18 | 0% | 20.0% | |
| Telarah 2320 | 1 | 10 | 0% | 16.7% | |
| Mcdougalls Hill 2330 | 1 | 9 | 0% | 11.1% | |
| Dubbo 2830 | 1 | 9 | 0% | 0.5% | |
| Shoal Bay 2315 | 1 | 8 | 0% | 0.9% | |
| Wyong 2259 | 1 | 7 | 0% | 1.3% | |
| Gillieston Heights 2321 | 1 | 6 | 0% | 2.0% | |
| Largs 2320 | 1 | 5 | 0% | 10.0% | |
| Bonnells Bay 2264 | 1 | 5 | 0% | 16.7% | |
| Merewether Heights 2291 | 1 | 5 | 0% | 33.3% | |
| Summerland Point 2259 | 1 | 5 | 0% | 20.0% | |
| Medowie 2318 | 1 | 5 | 0% | 4.3% | |
| Belmont South 2280 | 1 | 4 | 0% | 11.1% | |
| Bellbird 2325 | 1 | 4 | 0% | 11.1% | |
| Marmong Point 2284 | 1 | 4 | 0% | 20.0% | |
| Bellbird Heights 2325 | 1 | 4 | 0% | 50.0% | |
| Croudace Bay 2280 | 1 | 4 | 0% | 33.3% | |
| Morpeth 2321 | 1 | 4 | 0% | 5.6% | |
| Singleton Heights 2330 | 1 | 3 | 0% | 2.7% | |
| Cessnock 2325 | 1 | 3 | 0% | 0.7% | |
| Tanilba Bay 2319 | 1 | 3 | 0% | 7.1% | |
| Heatherbrae 2324 | 1 | 3 | 0% | 7.7% | |
| Tingira Heights 2290 | 1 | 3 | 0% | 20.0% | |
| Wangi Wangi 2267 | 1 | 3 | 0% | 9.1% | |
| Bolton Point 2283 | 1 | 3 | 0% | 33.3% | |
| Hunterview 2330 | 1 | 2 | 0% | 1.4% | |
| Kotara South 2289 | 1 | 2 | 0% | 100.0% |
6 cases since 2021. Of these, 3 resulted in substantive orders. The remaining 3 were dismissed, withdrawn, settled, or involved the OC as applicant.