Suburb Profile Report for Dee Why NSW (2099)

Dee Why House: Median price $1,750,000, Annual capital growth 9.32%, Number of sales 55, Weekly median advertised rent $800

Dee Why Unit: Median price $730,000, Annual capital growth 6.70%, Number of sales 556, Weekly median advertised rent $550

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

With a capital gain of 16.67% for the last 12 months, Dee Why, 2099 has performed for property investments than its average annual 9.32% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Dee Why has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Dee Why are currently offering property investors an average price cut of -8.67% below the asking price at the moment.

At number 1500 in a list of fastest selling suburbs, Dee Why is in the TOP 40% of suburbs in Australia with an average of days on market 72.74 for properties listed there.

Dee Why is 1086th on a list of best yielding suburbs for rents in NSW with a 2.38% return

NSW has seen average median house prices change by 5.73% which means that Dee Why, 2099 has done well for property investors by showing a capital gain of 8.15% over the last year

Dee Why,2099 was ranked 289 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Dee Why should be aiming for at least -3.39% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Dee Why have been waiting around 28.92 days to sell a property.

Dee Why, 2099’s gross rental yield is 3.92%

YIP MAG Information supplied by:

YIP MAG
April 2015

M
O

W
E
Located 18km north-west of the Sydney CBD and only 6km from Manly, Dee Why is part of Sydney’s ever popular northern beachesFull summary Located 18km north-west of the Sydney CBD and only 6km from Manly, Dee Why is part of Sydney’s ever popular northern beaches.

Excellent infrastructure developments are proving to be beneficial, prompting a surge in popularity.

Development in the area has been steady with a three-year growth of 22.8%.

The suburb is currently going through an infrastructure boom with construction of the new PCYC community facility underway.

Dee Why’s main shopping centre is located in the middle of the suburb on Pittwater Road, allowing easy access from all corners of the area.

Three schools coupled with a range of amenities and good transport is enticing many families into the suburb.

The beachside views that the suburb can offer are second to none, making areas like Monash Parade and Summit Avenue popular locations.

Dee Why is also a lot less expensive than neighbouring beachside suburbs Collaroy ($669,000) and North Curl Curl ($910,000).Close
Metrics i HOUSE UNIT
$1,750,000 $730,000
3.55% 4.29%
16.67% 8.15%
9.32% 6.70%
$800 $550
55 556
2.38% 3.92%
72.74 28.92

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
Find a mortgage broker in Dee Why NSW
Demographics
Total population 19838
Median household income ($/weekly) 1435
Median age of persons 35
Median housing loan repayment ($/monthly) 2370
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 1653 8.3
    25-34 years 4594 23.2
    35-44 years 3532 17.8
    45-54 years 2625 13.2
    55-64 years 1835 9.2
    Others 5599 28.2
    Age Group
    Census Count Percent(%)
    Not Married 6733 43.7
    Registered Married 6561 42.6
    Defacto Relationship 2106 13.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 11123 59.5
    Croatia 643 3.4
    Papua New Guinea 675 3.6
    United Kingdom 1324 7.1
    Other 1627 8.7
    Others 3307 17.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 767 4.3
    Christianity 11563 64.3
    Hinduism 349 1.9
    Islam 319 1.8
    No Religion 4674 26.0
    Others 321 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 729 9.4
    $1,250-$1,499 747 9.7
    $1,500-$1,999 1147 14.9
    $2,000-$2,499 869 11.3
    $2,500-$2,999 726 9.4
    Others 3501 45.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 8004 50.6
    Not in the labour force 3770 23.9
    Employed, worked part-time 2967 18.8
    Employed, away from work 615 3.9
    Unemployed, looking for work 450 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1516 13.1
    Professionals 2585 22.3
    Technicians & trades workers 1656 14.3
    Community & personal service workers 1212 10.5
    Clerical & administrative workers 1686 14.6
    Others 2926 25.3
    Occupation
    Census Count Percent(%)
    Pre-school 299 7.7
    Infants/Primary 1051 26.9
    Secondary 828 21.2
    Technical or Further Educational Institution 675 17.3
    University or other Tertiary Institutions 752 19.3
    Others 297 7.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 12818 68.7
    Separate house 4980 26.7
    Semi-detached, row or terrace house, townhouse 846 4.5
    House or flat attached to a shop, office 12 0.1
    Caravan, cabin, houseboat 6 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3601 43.7
    Being purchased 2796 33.9
    Fully owned 1792 21.7
    Other tenure type 53 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals