OFF MARKET

505/42A Formosa Street
Drummoyne NSW 2047

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 115m2
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Last updated 18 Nov 2024
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Property Details for 505/42a Formosa St, Drummoyne

505/42a Formosa St, Drummoyne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2018. The property has a floor size of 115m2.

Building Type
Unit
Year Built
2018
Floor Size
115m2
Local Government
Canada Bay

Last Listing description (March 2019)

Blending convenience with stylish modern design, this spacious three-bedroom apartment relishes in a premier location in the heart of Drummoyne. Basking in a prime position in the newly completed 'Tempo' complex and flowing to an oversized balcony perfect for year-round entertaining, its high-calibre appointments and flawless indoor/outdoor connection provide a comfortable lifestyle pad a stone's throw from the eclectic village atmosphere, footsteps to city bus services and an easy commute to the city.
- Expansive views of the the city skyline and Parramatta River
- Open plan living with floor-to-ceiling glass sliders to entertaining balcony

- Stylish gas kitchen fitted with premium appliances
- Spacious bedrooms with built-ins, modern fully tiled bathroom/combined laundry
- Video intercom and lift access to two-car security parking and storage cage
- Stroll to cafes, village shops, The Bay Run, city buses and parks
Council Rates: $285 p/q (approx.)
Water Rates: $172 p/q (approx.)
Strata Rates: $1,600 p/q (approx.)

Property History for 505/42a Formosa St, Drummoyne, NSW 2047

A timeline of how this property has performed in the market
  • 13 Oct 2018
    Listed for Sale Contact Agent

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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 28 properties listed for sale, and 28 properties listed for rent in Drummoyne on OnTheHouse. According to CoreLogic's data, 256 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.