Residents Kevin Burdon and Jan Maxwell have spent the past two months working on the idea, which will be discussed at a meeting later this month.
Mr Burdon said he had lived in the subdivision, off Ladies Mile between Frankton and Arrowtown, for the past 12 months - the "oldest" residents had been living in the estate for four years.
"We're all pretty new residents, but in my previous life I was involved in the council, community boards and community associations.
"Having been here for 12 months, it didn't take long for me to work out nothing much was happening here."
Mr Burdon said there were 514 properties in the subdivision, and while not all had been built on yet, he estimated there were between 300 and 400 residents in the area.
It was time Lake Hayes Estate had some form of committee to represent its interests and views, he said.
"It's the small stuff. Every resident who wants one has a mailbox, but we can't post a letter - we have to travel 5.3km to post a letter.
"Somebody . . . is concerned about speeding traffic, somebody else mentioned an underpass from [Lake Hayes Estate] through to Lake Hayes."
Other issues were that of the water supply, which was severely restricted during the summer months.
While Mr Burdon said he understood why that happened, the residents wondered if there was something they could do to "hurry up" an extra supply.
"I've spoken to about 10 different people [about establishing a committee] and nobody's against the idea. Some are more enthusiastic than others.
"Part of this meeting is to determine how much support there is.
"To go ahead we have to have a minimum of 10 or 12 . . . I'd prefer 50."
The meeting will be held at the Lake Hayes Pavilion on August 20 from 7.30pm.
Representatives from the Queenstown Lakes District Council are expected to attend.
Further inquiries, telephone 409 8689 or 441 0469.
