Over the last year, property investments in Dee Why, 2099 have given investors a capital gain of 18.06%. This compares very favourably with the 7.15% for NSW as a whole.
Comparing Dee Why,2099 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Dee Why should be aiming for at least -7.65% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Dee Why the average time real estate has been on the market is 59.79 days.
Situated 14.72km from the CBD, Dee Why is one of Warringah localities in the postcode 2099.
NSW has seen average median house prices change by 6.59% which means that Dee Why, 2099 has done well for property investors by showing a capital gain of 6.07% over the last year
Taking the average capital gain, or increase in median house value, Dee Why,2099 has racked up an average of 6.07% over the period. This ranks it number 305th in the whole country for real estate investors looking at median house price increases.
At number 360th of NSW’s most discounted properties, Dee Why is in the TOP 30% of the state/territory when listing in order of most discounted to least.
A $540 per week rent on the median house gives suburb investors a gross yield of circa 4.07%, without taking into account capital value appreciation, which has been averaging out at 6.25%.