Formosa St, Sylvania NSW 2224

Street

Street Summary

Formosa St, Sylvania NSW 2224 sits just above the suburb's house median. 4 homes sit above the street; 58 homes sit level with the street; 9 homes sit below the street. 12 homes are subject to a flood overlay and 29 are recommended for a flood check. 85% of residences are houses and 0% are apartments. The street functions as a local road. 3 houses sold in the past 12 months, with a 5-year turnover rate of 24.7%.


PART 1
Street Profile

Property Type Mix

The mix of houses and apartments (units) that make up the Formosa St, Sylvania NSW 2224 property market.

Houses vs Apartments86 total lots
84.9%
15.1%
Houses (84.9%)
Apartments (0%)
Townhouses/Villas/Unclassified (15.1%)

PART 2
Houses

"Houses" in this report includes detached houses, duplexes, and terraces.

Land Topography

How house lots on Formosa St, Sylvania NSW 2224 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.

High-side vs low-side house lots
High-sideFlatLow-side
4 lots
58 lots
9 lots
High-side (1m above)
Flat
Low-side (1m below)

Risks &Overlays

See which key planning overlays and environmental risks affect this street before you buy.

Heritage
0 houses affected
Bushfire
0 houses affected
Flood
12 houses affected
High voltage power line
0 houses affected

Street Sales - Houses

Actual house sales on Formosa St, Sylvania NSW 2224 over the past 5 years, plotted against the Sylvania NSW 2224 median house price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$1.3M$2.5M$3.8M$5.0MAug 21Apr 23Dec 24Aug 26$1.7M · 2022$1.7M · 2023$1.8M · 2024$1.9M · 2025$2.1M · 2026$1.9M · 2024-03-23 · 27 FORMOSA ST, SYLVANIA NSW 2224$2M · 2025-04-11 · 27 FORMOSA ST, SYLVANIA NSW 2224$1.8M · 2021-08-26 · 72 FORMOSA ST, SYLVANIA NSW 2224$1.7M · 2025-09-27 · 45A FORMOSA ST, SYLVANIA NSW 2224$1.6M · 2023-09-15 · 54 FORMOSA ST, SYLVANIA NSW 2224$1.5M · 2022-08-15 · 55 FORMOSA ST, SYLVANIA NSW 2224$2M · 2024-06-11 · 55 FORMOSA ST, SYLVANIA NSW 2224$1.9M · 2024-10-09 · 84 FORMOSA ST, SYLVANIA NSW 2224$4M · 2023-06-15 · 17 FORMOSA ST, SYLVANIA NSW 2224$4M · 2023-06-15 · 19 FORMOSA ST, SYLVANIA NSW 2224$2.2M · 2024-09-27 · 35 FORMOSA ST, SYLVANIA NSW 2224$2.6M · 2021-11-27 · 37 FORMOSA ST, SYLVANIA NSW 2224$1.4M · 2024-02-24 · 65 FORMOSA ST, SYLVANIA NSW 2224$2.1M · 2024-07-27 · 65 FORMOSA ST, SYLVANIA NSW 2224$2.1M · 2025-01-22 · 19F FORMOSA ST, SYLVANIA NSW 2224$1.5M · 2026-04-15 · 5B FORMOSA ST, SYLVANIA NSW 2224$2M · 2022-07-19 · 21A FORMOSA ST, SYLVANIA NSW 2224$1.4M · 2025-12-09 · 5A FORMOSA ST, SYLVANIA NSW 2224
Street price+3%vs suburb median
Turnover rate24.7%Past 5 years

PART 3
Apartments

Street Sales - Apartments

Actual apartment (unit) sales on Formosa St, Sylvania NSW 2224 over the past 5 years, plotted against the Sylvania NSW 2224 median apartment price trend over the same period.

Street sales vs suburb median
Suburb Median Price
$0$250k$500k$750k$1.0MAug 21Apr 23Dec 24Aug 26$685k · 2022$710k · 2023$722k · 2024$898k · 2025
Apartment sales0Past 12 months
Turnover rate0%Past 5 years

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Living in Formosa St, Sylvania NSW 2224 : Street Profile & FAQs

Common questions about living on and buying property on Formosa St, Sylvania NSW 2224 — 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 Sylvania?

House prices on Formosa St sit 2.73% above the Sylvania suburb house median.

What are the risk and overlay factors on Formosa St?

There is no bushfire or heritage overlay on Formosa St, while 12 properties fall within a flood overlay, 29 are recommended for a flood check, and 32 fall under other flood classifications. A flood overlay or recommended flood check does not necessarily mean a property floods, but it is worth reviewing council mapping, flood reports and insurance costs before purchasing. Flood Check Recommended = recommended for further assessment. flood_other_cnt (other flood classification) means the property has been reviewed and found to have no flood risk, or has not been assessed/mapped for flood — it does not indicate a flood risk. Frame it neutrally as "no flood risk identified or not mapped," never as a risk factor.

Are properties on Formosa St mostly on high, level or low ground?

4 homes sit above the street; 58 homes sit level with the street; 9 homes sit below the street.

What type of road is Formosa St?

Formosa St is a local road.

Is Formosa St mostly houses or apartments?

There are 86 residential properties on Formosa St, with 84.9% being houses and 0% being apartments.

What are the major apartment developments on Formosa St?

No major apartment developments are recorded.

How many properties have sold on Formosa St?

3 houses sold in the past 12 months, while 0 apartments sold. The 5-year turnover rate for houses is 24.7%, representing the proportion of properties that changed ownership during the past five years.

Is Formosa St a good street to buy property on?

Formosa St is a local road predominantly made up of houses (84.9%), with 86 residential properties in total. House prices sit 2.73% above the Sylvania suburb house median, and 3 houses sold in the past 12 months. The 5-year turnover rate for houses is 24.7%. There are no major apartment developments on the street. Risk overlays include 12 properties in a flood overlay, 29 recommended for a flood check, and 32 under other flood classifications. There is no bushfire, heritage, or high-voltage overlay. 4 homes sit above the street, 58 sit level with the street, and 9 sit below the street.