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Sold on 11 Jun 2024 for $2,000,000

55 Formosa Street
Sylvania NSW 2224

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 613m2
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Property Details for 55 Formosa St, Sylvania

55 Formosa St, Sylvania is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 613m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in Sylvania in the last 12 months.

Building Type
House
Land Size
613m2
Local Government
Sutherland
Lot/Plan
12/DP228749

Last Listing description (June 2024)

Beautifully transformed and offering superb convenience, this renovated family home promises a relaxed modern lifestyle in a sought-after location. Its premium address provides effortless access to Box Village, local schools and Southgate Shopping Centre.

- Two storey layout showcases distinct lounge and dining zones
- Crisp white interior blanketed with sanded timber floorboards

- Generous family-friendly backyard offers ample space for kids
- Breakfast bar stone kitchen equipped with premium appliances
- Four bedrooms, mirrored robes, oversized main bedroom suite
- Choice of two bathrooms, stylish main features walk-in shower
- Outstanding choice for buyers seeking readymade opportunity
- Ducted air conditioning, designated laundry, abundant storage
- Automated four car garage providing space for gym/workshop
- Handy for Westfield, Cronulla Beach and Sylvania Bowling Club

Property History for 55 Formosa St, Sylvania, NSW 2224

A timeline of how this property has performed in the market
Last Sold
$2,000,000
11 Jun 2024
  • 11 Jun 2024
    Sold for $2,000,000
  • 24 May 2024
    Listed for Sale $2,000,000
  • 15 Aug 2022
    Sold for $1,500,000
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About Sylvania 2224

The size of Sylvania is approximately 4.4 square kilometres. It has 11 parks covering nearly 4% of total area. The population of Sylvania in 2011 was 9,729 people. By 2016 the population was 10,489 showing a population growth of 7.8% in the area during that time. The predominant age group in Sylvania is 40-49 years. Households in Sylvania are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Sylvania work in a professional occupation. In 2011, 73.8% of the homes in Sylvania were owner-occupied compared with 75.5% in 2016.

Sylvania has 5,077 properties. Over the last 5 years, Houses in Sylvania have seen a 47.02% increase in median value, while Units have seen a 38.03% increase. As at 31 October 2024:

  • The median value for Houses in Sylvania is $1,963,572 while the median value for Units is $1,232,810.
  • Houses have a median rent of $1,010 while Units have a median rent of $720.
There are currently 37 properties listed for sale, and 8 properties listed for rent in Sylvania on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Sylvania.

Suburb Insights for Sylvania 2224

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Contact agent
Murray Cole
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Lachlan Mccarthy
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McGrath - Cronulla
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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.