502/42A Formosa StreetDrummoyne NSW 2047
Property Details for 502/42a Formosa St, Drummoyne
502/42a Formosa St, Drummoyne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2018. The property has a land size of 118m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in February 2016.
Last Listing description (February 2023)
On the top floor of a boutique apartment complex and with 180-degree views to the mountains and over the bay, this bright two-bedroom apartment is ideal for professionals, investors or downsizers looking for contemporary elegance in a convenient location. A generous internal layout, quality fixtures and masses of natural light create an idyllic setting for relaxing at home and feeling far away from it all. Yet, the central location boasts easy off-street parking, buses to the city at the end of the street and Birkenhead Point and the Bay Run only minutes away.
- Prestige modern security complex in convenient bayside location
- Bright living/dining with skylight opens to terrace with expansive views
- Sleek kitchen with Miele appliances, stone benches and a breakfast bar
- Engineered flooring, internal laundry and ducted air-conditioning
- Secure parking for two cars with level lift access and extra storage area
- Wheelchair access from street, 250m from Drummoyne Swimming Centre and Brett Park, 10 minutes to CBD
Property History for 502/42a Formosa St, Drummoyne, NSW 2047
- 02 Feb 2023Listed for Sale Buyers Guide: $1.28m
- 16 Feb 2016Sold for $1,109,000
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0About 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 7,161 properties. Over the last 5 years, Houses in Drummoyne have seen a 67.60% increase in median value, while Units have seen a 30.21% increase. As at 31 July 2024:
- The median value for Houses in Drummoyne is $3,021,730 while the median value for Units is $1,246,849.
- Houses have a median rent of $1,000 while Units have a median rent of $765.
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