The Block
Challenging siteChallenging site. Severely small block and narrow frontage create major constraints, compounded by HCA restrictions and a well below-suburb market discount signal.
Report preview
71 Formosa St, Drummoyne NSW 2047
House211221m²
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K-score
An independent, buyer-focused assessment across three pillars — the land itself, its location, and where its price sits within the market.
K-score
30/ 100
?/ 100
?/ 100
Convenience & Lifestyle
Very convenientVery convenient. The Ferry is reachable within 1.2km, with shops and cafes close; most daily trips are practical, though the station walk has a noticeable climb.
Price Positioning
Entry-Level TierEntry-Level Tier. Pocket, comps, and street sit well below the suburb median, indicating a lower local price tier. Active turnover and recent resale suggest market liquidity at this accessible level.
Risk & fact checks
Land value, size, zoning, aspect.
Land Value
1.27M
-44%vs Suburb median
Land size
221m²
-43%vs Suburb median
Zoning
R3
Medium Density Residential
Backyard facesSouth West
Warm afternoon sun
Surrounding risks: noise and traffic.
Street type
Local Road
Noise sources
Major road (80m)
Med aircraft noise
Assess this property against 20+ risk factors. See full report.
Price
A property’s location within a suburb can have a major impact on its value. Compare this pocket against the suburb average to understand whether you’re paying a premium.
A property’s sales history alongside suburb median price trends help understand how its value has changed over time.
Last sold
$1.84M
Owned for
1.7 Years
Get deeper insights with 30 years sales history, comparable sales and a detailed price pocket map in the full report.
Red Flags
Heritage Conservation Area
This property is located within a heritage conservation area.
Heritage Conservation Area
This property is located within a heritage conservation area.
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Price insights
Pocket price heat map, street sales history, property sales history and comparable sales
Location & lifestyle
Schools, transport, shops, cafés, parks and more
Pocket price map
A property’s pocket shows where its price sits within the suburb. Pocket prices can differ by more than 50%.
3D Land Map
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Comparable sales
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Sales History vs Suburb Price Trends
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Property Location Overview
Drummoyne Ferry Wharf ferry wharf is 1.1km from the property, with 10m uphill and 38m downhill elevation change. The nearest bus stop is Victoria Rd Before Edwin St, located 170m from the property.
Primary school catchment: Drummoyne Public School, 510m from the property, with a Strong level rating. Secondary school catchment: Sydney Secondary College Balmain Campus, 2.3km from the property, with a Strong level rating. Secondary school catchment: Sydney Secondary College Blackwattle Bay Campus, 5.7km from the property, with a Developing level rating. St Mark's Catholic Primary School is the nearest private school, 780m from the property, serving students from K-6 and offering co-ed enrolment. Marist Sisters' College Woolwich is the nearest private school, 4.9km from the property, serving students from 7-12 and offering co-ed enrolment. All Hallows Catholic Primary School is the nearest private school, 2.6km from the property, serving students from K-6 and offering co-ed enrolment. Inner Sydney Montessori School is the nearest private school, 3.2km from the property, serving students from K-6 and offering co-ed enrolment. Saint Ignatius' College is the nearest private school, 7.6km from the property, serving students from 5-12 and offering co-ed enrolment.
Harris Farm Markets Drummoyne is the nearest supermarket, 238m from the property. Hunters Hill Private Hospital is 3.3km from the property. Drummoyne Park is the nearest park, 390m from the property. Drummoyne Olympic Pool is 910m from the property. Sydney Harbour National Park is 1.4km from the property. Parramatta River is 522m from the property. The coastline is 10.6km from the property. Unnamed Beach is 10.6km from the property.