SOLD
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Sold on 23 Nov 2023 for $1,170,000

501/42A Formosa Street
Drummoyne NSW 2047

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 112m2
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Property Details for 501/42a Formosa St, Drummoyne

501/42a Formosa St, Drummoyne is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Apartment sold in Drummoyne in the last 12 months.

Building Type
Apartment
Floor Size
112m2
Local Government
Canada Bay
Lot/Plan
144/SP97934

Last Listing description (November 2023)

Top Floor 'Tempo' Apartment with Spectacular Views

Sleek and stylish low maintenance living, panoramic outlooks over greater Sydney and exceptional convenience combine in this standout two-bedroom apartment. Desirably positioned on the top floor of ultra- contemporary 'Tempo', the apartment is offered for the first time since purchased off the plan and features a spacious layout with floor-to-ceiling glass, quality finishes and an entertainers' balcony showcasing district and bay views stretching all the way to the Blue Mountains from its superbly elevated vantage point. Flawless throughout and fully air conditioned, the apartment is tucked away behind Drummoyne's main shops and cafes, with easy access to waterfront parks, the Bay Run and city buses.

Level entry, video intercom/CCTV security, lift access

Spacious open living flows to large undercover balcony
Integrated designer kitchen with all-Miele appliances
Two beds with built-ins, main has an ensuite and study
Stylish bathroom, internal laundry, ducted r/c air con
Secure basement car space with lock-up storage cage

Property History for 501/42a Formosa St, Drummoyne, NSW 2047

A timeline of how this property has performed in the market
Last Sold
$1,170,000
23 Nov 2023
  • 06 Nov 2024
    Listed for Rent - Price not available
  • 23 Nov 2023
    Sold for $1,170,000
  • 26 Oct 2023
    Listed for Sale SOLD | Angela Saidi & Chris Wilkins
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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 7,142 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 30 properties listed for sale, and 30 properties listed for rent in Drummoyne on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Drummoyne.

Suburb Insights for Drummoyne 2047

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Contact agent
Angela Saidi
Show contact details
Chris Wilkins
Show contact details
Ray White Annandale | Newtown | Stanmore
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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.