OFF MARKET

506/42C Formosa Street
Drummoyne NSW 2047

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 82m2
Land area: 123m2
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Last updated 11 Nov 2024
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Property Details for 506/42c Formosa St, Drummoyne

506/42c 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 123m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
2018
Floor Size
82m2
Land Size
123m2
Local Government
Canada Bay
Lot/Plan
98/SP97934

Last Listing description (October 2018)

This superbly designed 2 Bedroom / 2 Bathroom apartment with city views in the Tempo complex is located in the heart of Drummoyne.
Featuring:
Open plan living/kitchen/dining areas

Spacious main bedroom with en-suite bathroom
Large built in robes in both bedrooms
Superb kitchen with Miele appliances including dishwasher and Caesarstone benchtops
Beautifully appointed bathroom
Internal laundry
Video intercom
Ducted airconditioning
Security tandem parking for 2 cars
Lock up storage cage
Communal entertaining terrace
Easy access to city transport, Birkenhead Point and the Bay run

Property History for 506/42c Formosa St, Drummoyne, NSW 2047

A timeline of how this property has performed in the market
Last Sold
$1,050,000
17 Jul 2020
Listed for Rent
$700/w
03 Sep 2018
  • 17 Jul 2020
    Sold for $1,050,000
  • 30 Oct 2018
    Sold
  • 24 Aug 2018
    Listed for Rent $700 / 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 7,142 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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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.