OFF MARKET

39/54-56 Formosa Street
Drummoyne NSW 2047

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 39/54-56 Formosa St, Drummoyne

39/54-56 Formosa St, Drummoyne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Canada Bay

Last Listing description (June 2021)

Be one of the first to inspect this near new designer apartment is located within the bespoke 54 Formosa Building in the heart of Drummoyne.

It enjoys a clever floor plan offering spacious open plan living with entertainment balcony deck, stunning bathrooms, opulent finishes with European appliances.

With lifestyle in mind, it has boasts all the amenities you will ever need.

- Two spacious bedrooms both with built-in wardrobes
- Sunny North facing aspect with views
- Tiled Kitchen, living and dining
- Two bathrooms main with bath and shower
- Gourmet kitchen with Caesarstone bench tops and stainless steel appliances
- Gas cooking and gas bayonet for heating
- Separate Internal laundry, ducted air conditioning throughout
- Direct access to Harris Farm and Salts meat cheese
- Video intercom, private lift access to security car space + storage
- Easy access to city transport
- Resident Rooftop

Fast Facts:
Availability: 31/05/21
Pets: Upon application
Laundry Facilities: Internal
Lease Period: 6 or 12 Months
Parking: Security Parking for one + storage
Cooking: Gas
Furnished: NA

Property History for 39/54-56 Formosa St, Drummoyne, NSW 2047

A timeline of how this property has performed in the market
Listed for Rent
$675/w
12 Jun 2021
  • 01 Jun 2021
    Listed for Rent $675 / week

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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 7,140 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 24 properties listed for sale, and 32 properties listed for rent in Drummoyne on OnTheHouse. According to CoreLogic's data, 244 properties were sold in the past 12 months in Drummoyne.

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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.