501/42A Formosa Street, Drummoyne, NSW 2047 | Property Value & History | OnTheHouse
OFF MARKET

501/42A Formosa Street
Drummoyne NSW 2047

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 75m2
Land area: 3225m2
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Last updated 29 Jun 2026
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Property Details for 501/42a Formosa St, Drummoyne

501/42a 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 3225m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
2018
Floor Size
75m2
Land Size
3225m2
Local Government
Canada Bay
Lot/Plan
144/SP97934

Last Listing description (June 2026)

Nestled on the top floor of a security complex, this stunning penthouse-style apartment boasts breathtaking water and leafy views. Offering a relaxed lifestyle, it's ideally positioned within reach of Drummoyne's vibrant cafes, restaurants, and transport options. The open-plan layout features a fresh, contemporary style with effortless flow, making it perfect for entertaining. The apartment is flooded with natural light, including a skylight and boasting water views, ensuring you'll enjoy every moment spent here. This move-in-ready home offers the ultimate in low-maintenance living with nothing more to do.- Spacious, open-plan design with engineered timber flooring- Low maintenance balcony perfect for entertaining, showcasing spectacular views- Two serene bedrooms, including a master with an adjoining study nook- Chic kitchen with a stone breakfast bar and high-end gas fittings- Easy lift access to two security car spaces and storage in the basement- Ducted air-conditioning, with a skylight and motorised blind for added convenience- Secure building with lift and intercom access for peace of mind- Local cafes and express city buses right at your doorstep- Only 500m to the Bay Run, Drummoyne pool, and Birkenhead PointSecure your inspection today by contacting Ava Sidoti on 0499 777 678.The information contained within this advertisement is for illustrative/marketing purposes only. They do not form part of the lease agreement and prospective tenants need to make their own independent enquiries. This includes enquiries related to utility and internet connections, providers may be limited in certain cases and additional connection fees may apply.

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
  • 21 May 2026
    Listed for Rent - Price not available
  • 27 Feb 2025
    Listed for Sale Sold
  • 06 Nov 2024
    Listed for Rent - Price not available
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About Drummoyne 2047

The size of Drummoyne is approximately 2.3 square kilometres. There are 19 parks, covering nearly 9.5% of the total area. The population of Drummoyne in 2016 was 11950 people. By 2021 the population was 12011 showing a population growth of 0.5% 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 2021, 61.90% of the homes in Drummoyne were owner-occupied compared with 59.80% in 2016.

Drummoyne has 7,144 properties. Over the last 5 years, Houses in Drummoyne have seen a 11.13% increase in median value, while Units have seen a 16.56% increase. As at 30 June 2026:

  • The median value for Houses in Drummoyne is $3,028,781 while the median value for Units is $1,343,399.
  • Houses have a median rent of $1,500 while Units have a median rent of $850.
There are currently 27 properties listed for sale, and 39 properties listed for rent in Drummoyne on OnTheHouse. According to Cotality's data, 256 properties were sold in the past 12 months in Drummoyne.

Suburb Insights for Drummoyne 2047

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.