SP97934

42 FORMOSA STREET DRUMMOYNE

DRUMMOYNE · 2047 · CANADA BAY

164

total lots

Location

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Boundary sourced from NSW Spatial Services (StrataHub).

Strata Manager

Strata Plus Pty Ltd

Licence: 1138572

Last AGM: 9 November 2025

4 months ago

Annual Reporting

12 Dec 2025

Status

Active

Plan Details

Plan Number
SP97934
Registered
2018-07-20
LGA
CANADA BAY
Postcode
2047

Lot Breakdown

Total Lots
164
Residential
164

Building Age

7

years old

Registered 20 July 2018

Past warranty period. First round of common property maintenance typically begins around this age

Sales History

Recent Sales

DateUnitPrice
1 Oct 2025Lot 83$825,000
15 Aug 2025Lot 38$1,320,000
2 Aug 2025Lot 105$795,000
24 May 2025Lot 88$1,850,000
16 May 2025Lot 69$1,200,000
23 Apr 2025Lot 55$800,000
21 Mar 2025Lot 93$1,310,000
7 June 2024Lot 42$1,335,000
27 Mar 2024Lot 29$1,160,000
13 Mar 2024Lot 146$1,350,000

57 sales total

Source: NSW Valuer General. Prices are as reported in settlement data and may not reflect current market values. Sales marked “Price withheld” are excluded from price calculations.

Development History

Original Construction · 4 storeys · 12 dwellings

Estimated cost: $2.1M · Assessed by City of Canada Bay Council

Development Application

Operational consent issuedNearby

Boarding house, Mixed use development, Take-away food and drink premises

$2.1M4 storeys12 new dwellings
28 Jan 2025

PAN-99076

Development Application

DeterminedNearby

Demolition, Shop top housing

$10.9M33 new dwellings
15 Oct 2024

PAN-90027

Development Application

CancelledNearby

Boarding house, Mixed use development, Take-away food and drink premises

$2.1M4 storeys12 new dwellings
4 Oct 2024

PAN-476390

Looking for the builder or developer?

Search for the application number (e.g., PAN-99076) on the NSW Planning Portal Application Tracker to view the full DA details, including the applicant, builder, and principal certifier.

Source: NSW Planning Portal Open Data API (2019+). Earlier development applications may not be available. Items marked "Nearby" were matched by location proximity (within 100m) rather than direct plan number reference.

Transport Accessibility

C

Transport Score: C

Moderate public transport access

F

Nearest Ferry

Drummoyne

995m away · ~12 min walk

B

Bus Stops

13 within 500m · 33 within 1km

Source: Transport for NSW GTFS data (CC BY 3.0 AU). Distances are straight-line (not walking). Walking times assume 80m/min. Transport Score is indicative only.

Crime Statistics

These statistics cover the entire Canada Bay local government area, not this specific property.

Below Average

Crime rates in Canada Bay LGA are lower than the NSW state average. (Oct 2024 - Sep 2025)

Source: NSW Bureau of Crime Statistics and Research (BOCSAR). Rates are per 100,000 population. Rank is out of 119 LGAs (1 = highest rate).

Comparable Buildings in DRUMMOYNE

Other strata plans in the same suburb, ordered by similarity in building size.

Comparables are other strata plans in DRUMMOYNE with similar lot counts.

Short-Term Rentals Nearby

2

Listings within 200m

$450

Median / Night

0

Commercial Hosts

2

High Availability

Listing Types

Entire home 2 (100%)

Nearest Listings

Family home close to the CBD

Entire home/apt·54m away

$450

/night

Modern 1 bedroom Apartment

Entire home/apt·151m away

N/A

NSW Short-Term Rental Rules

  • 180-day cap for non-hosted short-term rentals in Greater Sydney (60 days in some fire-prone or Byron Shire areas)
  • Strata schemes can ban non-hosted STRA via a Section 137A by-law (requires 75% special resolution)
  • All STR properties must be registered on the NSW STRA Register

Source: Inside Airbnb (CC BY 4.0). Data is from a periodic scrape of Airbnb listings and may not be current. "Commercial hosts" are those with 3+ total listings. "High availability" = listed 180+ days/year.

School Catchment Zones

This property falls within the following NSW government school intake areas.

Primary

Drummoyne PS

primary

Secondary

SSC Balmain

high coed

SSC Blackwattle Bay

high coed

Source: NSW Department of Education. Catchment zones are updated nightly and subject to change. Visit School Finder for official information.