Giving property investors a a stable capital gain of 13.21% for the last year, Dee Why, 2099 is the 936th highest performer in Australia in this respect.
Across a shorter period, Dee Why, 2099 has seen a median price increase of 0.77% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Dee Why, 2099. Typically our figures indicate that -7.88% is being offered, which puts this NSW suburb at 800th most discounted overall in Australia.
Renters in Suburb are facing rents around $9720 per annum or $810 every week.
If you compare the increase in value of investment property in Dee Why, 2099 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 17.93%.
The five-year average increase in median property values for Dee Why,2099 has given property investors a potential capital gain of 67.58% across each of those five years.
Dee Why, 2099 is offering NSW ‘s 307th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
At number 49 in a list of fastest selling suburbs, Dee Why is in the TOP 10% of suburbs in Australia with an average of days on market 29.07 for properties listed there.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 7.53%, investors should hope to achieve an overall return of 3.59%