Strata management in Lakemba

This was our home for years

Metro Strata operated from Lakemba before moving to Restwell Street, Bankstown in May 2026. It is a five minute drive, so nothing changed about who we look after here. What it does mean is that our knowledge of Lakemba's stock is not something we read in a report. We have sat in these committee meetings, walked these basements and dealt with these repairs.

Lakemba is the densest suburb we serve

At the 2021 Census, Lakemba's occupied private dwellings broke down like this:

• 69.8%Flats or apartments
• 25.5%Separate houses
• 4.1%Semi-detached or townhouses

Nearly seven in ten homes are apartments, and a large share of that is older walk-up stock: three storeys, no lift, brick, built between the 1960s and the 1980s. Those buildings have a particular set of problems. Waterproofing that has reached the end of its life, original electrical switchboards, balcony balustrades that no longer meet current expectations, and capital works funds that were never set at a level to deal with any of it.

Source: ABS 2021 Census QuickStats, Lakemba (SAL12266).

The TOD rezoning, and what it actually means

Transport Oriented Development controls for Lakemba were formally finalised in February 2026, in the same tranche as Belmore, St Marys and Croydon. These are the Tier 2 station rezonings, which apply within about 400 metres of the station. They are a different instrument from the Tier 1 Accelerated Precincts, which is what Bankstown is.

That distinction matters because it changes who is affected. If your building is outside the radius, the controls do not apply to your site at all, whatever a developer's letter may imply. If it is inside, the realistic near-term effect is not that your scheme redevelops. It is that the land under it becomes worth more, neighbouring sites start getting approached, and construction eventually starts next door.

The question a committee should be asking is not "should we sell". It is "do we know what we own, is our capital works forecast honest, and are our records in a state where we could answer a serious offer properly if one came".

Source: NSW Government, 6 February 2026.

What older Lakemba schemes usually need

Thinking about changing agency?

The free quote comes back in writing, with our fee, the disbursements alongside it, and a plain read of where your scheme stands. We will tell you the notice period in your current agreement before you commit to anything. Our FAQ covers the common questions about meetings, levies and repairs.

See all the areas we service across Canterbury-Bankstown and South-West Sydney.