SOLD
Sold on 02 Feb 2024 for $1,100,000

303/42A Formosa Street
Drummoyne NSW 2047

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 5m2
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Property Details for 303/42a Formosa St, Drummoyne

303/42a Formosa St, Drummoyne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 5m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Drummoyne in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
94m2
Land Size
5m2
Local Government
Canada Bay
Lot/Plan
126/SP97934

Last Listing description (April 2023)

In a light filled display of contemporary design, this as-new residence delivers a state-of-the-art living space at its ultra-modern best. The designer apartment features a substantial single-level floorplan adorned with stylish finishes, flowing entertainment spaces and water glimpses that stretch over the famous Bay. It promises privacy and convenience in the iconic Tempo complex, and is within a stroll to everything this vibrant location has to offer.

Offering:
+ Two double bedrooms with built-ins plus a study alcove

+ An innovative design by architects Fender Katsalidis Miram
+ Crisp, fresh and open interiors with engineered timber floors
+ Private, all weather, dining terrace with district views and water glimpses
+ Designer kitchen with breakfast bar and sleek Miele appliances
+ Security car space plus a lock-up storeroom
+ Ducted air-conditioning, video intercom and lift access
+ Easy walk to Harris Farms, Birkinhead Point, express city transport and the Bay Run
+ Currently leased at $725.00 per week, lease ending 21/05/22

Property History for 303/42a Formosa St, Drummoyne, NSW 2047

A timeline of how this property has performed in the market
Last Sold
$1,100,000
02 Feb 2024
Listed for Rent
26 May 2021
  • 02 Feb 2024
    Sold for $1,100,000
  • 17 May 2022
    Listed for Sale For Sale | Contact Agent
  • 07 May 2021
    Listed for Rent - Price not available
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About Drummoyne 2047

The size of Drummoyne is approximately 2.3 square kilometres. It has 19 parks covering nearly 9.5% of total area. The population of Drummoyne in 2011 was 11,377 people. By 2016 the population was 11,946 showing a population growth of 5.0% in the area during that time. The predominant age group in Drummoyne is 30-39 years. Households in Drummoyne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Drummoyne work in a professional occupation. In 2011, 61.6% of the homes in Drummoyne were owner-occupied compared with 59.8% in 2016.

Drummoyne has 7,141 properties. Over the last 5 years, Houses in Drummoyne have seen a 41.56% increase in median value, while Units have seen a 27.97% increase. As at 31 October 2024:

  • The median value for Houses in Drummoyne is $2,993,235 while the median value for Units is $1,289,387.
  • Houses have a median rent of $950 while Units have a median rent of $760.
There are currently 27 properties listed for sale, and 30 properties listed for rent in Drummoyne on OnTheHouse. According to CoreLogic's data, 250 properties were sold in the past 12 months in Drummoyne.

Suburb Insights for Drummoyne 2047

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.