Chidiac Realty is active as Drummoyne real estate agents and property managers. You can view properties we have for sale and rent in that area. If you own property or are seeking investment property in Drummoyne, contact us to talk about property management Sydney services and other ways we can assist you. Our team stays close to the ground with trends and opportunities so we’re well informed about the area.
Drummoyne is an inner west suburb of Sydney. It is located 6 kilometres north-west of the Sydney CBD. The suburb is located in the local government area of the City of Canada Bay. With water views of both Sydney Harbour and Parramatta River this suburb has a number of outstanding water front properties.
Getting there and getting around
Drummoyne is a water front suburb that can be accessed by ferry, bus or car. Services with both Sydney Ferries and Rivercat stop at the Wolsely Street Wharf. Bus services to the area include the M50 route of Sydney’s Metrobus network and the 504 route of the Sydney Buses Network.
Lifestyle and population
Drummoyne is a well-established suburb with a range of high end properties as well as many affordable options in smaller places and apartments. It is a mostly residential area with a number of vibrant eating places and a couple of commercial and shopping strips, namely along Victoria Road and at Birkenhead Point. The area has many parks and recreation areas, the primary one being the popular Drummoyne Oval. The Drummoyne Olympic Pool is also a local landmark.
Drummoyne has a population of just under 11,400 people. About 65% of Drummoyne residents were born in Australia. Significant other countries of birth include England (4%), Italy (2.6%) and New Zealand (2.6%). Just under 38% of households are occupied by couples with children. About 30% of households are occupied by couples without children, 14.5% are sole occupancy households and just under 4% single parents.
Property trends and opportunities
Just over 33% of Drummoyne residents own their homes outright. About 29% of residents are in the process of purchasing, with about 35% renting.
Median House Price $1,600,000
Median House Rental Price $800 pw
Average House time on market 51 days
Median Unit Price $886,000
Median Unit Rental Price $570 pw
Average Unit time on market 44 days
*Note: Data accurate at time of update. Last update – June 2013