Portfolio Profile
Lot Types
Residential 2,741 (98%)
Commercial 34 (1%)
Utility 12 (0%)
Scheme Size Distribution
Distribution of schemes by total lot count. Average scheme size: 59.3 lots. The portfolio leans toward mid-size schemes, common in suburban apartment developments.
Portfolio Age
Schemes by registration decade. Oldest scheme registered 1993, newest 2024.
Suburb Coverage
| Suburb | Schemes | Lots | % of Portfolio | Market Share | |
|---|---|---|---|---|---|
| Botany 2019 | 8 | 520 | 17% | 5.1% | |
| Hurstville 2220 | 7 | 551 | 15% | 1.4% | |
| Baulkham Hills 2153 | 5 | 230 | 11% | 2.3% | |
| Lidcombe 2141 | 2 | 326 | 4% | 0.7% | |
| Ashfield 2131 | 2 | 134 | 4% | 0.4% | |
| Mascot 2020 | 2 | 95 | 4% | 1.5% | |
| Burwood 2134 | 2 | 83 | 4% | 0.9% | |
| Wolli Creek 2205 | 2 | 88 | 4% | 3.0% | |
| Auburn 2144 | 2 | 20 | 4% | 0.4% | |
| Beecroft 2119 | 1 | 130 | 2% | 2.3% |
| Zetland 2017 | 1 | 118 | 2% | 1.1% | |
| Eastwood 2122 | 1 | 86 | 2% | 0.2% | |
| Rockdale 2216 | 1 | 65 | 2% | 0.5% | |
| Waterloo 2017 | 1 | 63 | 2% | 0.8% | |
| Homebush West 2140 | 1 | 61 | 2% | 0.7% | |
| Homebush 2140 | 1 | 46 | 2% | 0.9% | |
| Epping 2121 | 1 | 35 | 2% | 0.3% | |
| Parramatta 2150 | 1 | 33 | 2% | 0.2% | |
| Strathfield 2135 | 1 | 28 | 2% | 0.4% | |
| Campsie 2194 | 1 | 25 | 2% | 0.2% | |
| Alexandria 2015 | 1 | 25 | 2% | 0.5% | |
| South Hurstville 2221 | 1 | 10 | 2% | 0.8% | |
| Sylvania 2224 | 1 | 9 | 2% | 0.5% | |
| Newtown 2042 | 1 | 6 | 2% | 0.7% |
Tribunal & Court History
3
Total Cases
2
Supreme Court
A purchaser sought to rescind a contract for the sale of a commercial strata unit due to a difference in the property's configuration. The tribunal found the purchaser validly rescinded the contract, and was entitled to the return of their deposit.
CONTRACTS—Contract for the sale of land — Construction — Purchase of strata title unit by description — Building as constructed materially different from draft strata plan attached to contract — Purchaser entitled to rescind and return of deposit
Before
Lindsay J
Hearing
26, 27 and 28 October 2021
File Numbers
2020/00255897
Matched Strata Plans
SP101839
Parties
Third Party v Third Party
Representation
Counsel: Plaintiff/cross defendants: MT Fernandes First Defendant/cross claimant: AJ Greinke Second Defendant: Submitting Appearance Solicitors: Plaintiff/cross defendants: ST Lawyers First...
Orders
The plaintiff, as purchaser of a commercial strata title unit “off the plan” (by description, prior to construction), was entitled to rescind the contract, and to recover a deposit paid under the contract, when the unit, as constructed, was materially different from the draft strata plan attached to the contract.
Synergy Group Services sought payment for unpaid invoices and consequential damages against the owners corporations. The tribunal found that the agreement was terminated due to the owners corporations’ repudiation, but the applicant did not prove expectation damages. The tribunal ordered that the defendants pay the applicant interest and reserved costs.
CONTRACT – parties entered into contract for commercial cleaning and maintenance – defendants failed to make payment in accordance with the contract - plaintiff terminated the contract for defendant’s repudiatory conduct – whether defendants’ conduct amounted to common law repudiation – whether...
Before
Russell SC DCJ
Hearing
17 November 2021
File Numbers
2020/00347842
Matched Strata Plans
SP90582,SP90607
Parties
Third Party v Owners Corporation
Representation
Counsel: L Robb Vujcic (Plaintiff) D Elliot (Defendants) Solicitors: Kennedys (Plaintiff) Strata Specialist Lawyers (Defendants)
Orders
(1) Judgment for the plaintiff against the defendants for $7,552.94. (2) Reserve the question of costs of the proceedings, including the costs of the plaintiff’s Notice of Motion filed on 10 September 2021.
YMCI appealed a building work rectification order, and also sought judicial review of it. The Secretary sought to have the judicial review proceedings transferred to the Land and Environment Court, where the appeal was also being heard. The court agreed with the Secretary and ordered the transfer.
CIVIL PROCEDURE – transfer motion – building rectification order – judicial review proceedings – merits appeal – jurisdiction in Class 2 and 4 of Land Environment Court – related proceedings – discretionary considerations with transfer applications – whether appropriate to transfer to related...
Before
Walton J
Hearing
29 June 2021
File Numbers
2021/120521
Matched Strata Plans
SP101328
Parties
Developer v Government
Representation
Counsel: S Robertson with C Winnett (Plaintiff) E C Muston SC with T Liu (Defendant) Solicitors: Colin Biggers & Paisley Pty Ltd (Plaintiff) Department of Customer Service (Defendant)
Orders
The Court directs that the Secretary shall bring in short minutes of order reflecting this judgment by 1pm on Friday, 3 September 2021.