Formosa St, Drummoyne NSW 2047
Formosa St, Drummoyne NSW 2047 sits below the suburb's house median. 4 homes sit above the street; 47 homes sit level with the street; 5 homes sit below the street. 42 homes are heritage-listed. The street is 24.7% house and 75.3% apartment. 42A Formosa St, Drummoyne NSW 2047 has 164 lots across 7 levels built in 2018. 42 Formosa St, Drummoyne NSW 2047 has 61 lots across 7 levels built in 2018. 54 Formosa St, Drummoyne NSW 2047 has 60 lots. There are insufficient recent house sales to calculate a reliable comparison against the suburb, so buyers should compare recent sales of individual homes on the street against nearby comparable properties.
The mix of houses and apartments (units) that make up the Formosa St, Drummoyne NSW 2047 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
How house lots on Formosa St, Drummoyne NSW 2047 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.
See which key planning overlays and environmental risks affect this street before you buy.
Actual house sales on Formosa St, Drummoyne NSW 2047 over the past 5 years, plotted against the Drummoyne NSW 2047 median house price trend over the same period.
6 popular houses on Formosa St, Drummoyne NSW 2047
Actual apartment (unit) sales on Formosa St, Drummoyne NSW 2047 over the past 5 years, plotted against the Drummoyne NSW 2047 median apartment price trend over the same period.
The largest apartment projects on Formosa St, Drummoyne NSW 2047, ranked by number of lots.
6 popular apartments on Formosa St, Drummoyne NSW 2047
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Common questions about living on and buying property on Formosa St, Drummoyne NSW 2047 — lifestyle, transport, and the local housing market.
Note: Data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census data and knest.ai internal statistical data.
Is Formosa St an expensive or affordable street relative to Drummoyne?
House prices on Formosa St are 29.88% below the Drummoyne suburb house median, making it a relatively affordable option for buyers seeking detached homes in the area.
What are the risk and overlay factors on Formosa St?
There are 42 heritage-listed homes, meaning renovations or exterior changes may require additional council approval. There is no bushfire, flood overlay, or high-voltage powerline risk, but 60 properties have been classified under other flood categories, indicating no flood risk identified or not mapped.
Are properties on Formosa St mostly on high, level or low ground?
4 homes sit above the street; 47 homes sit level with the street; 5 homes sit below the street.
What type of road is Formosa St?
Formosa St is a local road, which generally serves nearby residents and provides direct access to homes rather than carrying significant through traffic.
Is Formosa St mostly houses or apartments?
Formosa St has 243 residential properties, with 25% being houses and 75% being apartments, making it predominantly an apartment street.
What are the major apartment developments on Formosa St?
The major developments are 42A Formosa St (164 lots, 7 levels, built 2018), 42 Formosa St (61 lots, 7 levels, built 2018), and 54 Formosa St (60 lots, 7 levels, built 2018).
How many properties have sold on Formosa St?
2 houses and 7 apartments have sold in the past 12 months. Over the past 5 years, the turnover rate has been 25% for houses and 19.7% for apartments, representing the proportion of properties that changed ownership during that period.
Is Formosa St a good street to buy property on?
Formosa St is a local road with a predominantly apartment character, offering relative affordability for houses. It suits buyers seeking heritage-listed homes with renovation considerations, or those looking for larger apartment complexes, while those concerned about flood mapping should review the 60 properties with other flood classifications.
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