At number 1937th in the list of Australian suburbs ordered by increase in median house value over the last year, Dee Why, 2099 is in the top half with a property value increase of 7.81% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Dee Why,2099 has racked up an average of 7.81% over the period. This ranks it number 36th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -6.51% to buyers in Dee Why at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Dee Why the average time real estate has been on the market is 57.28 days.
Situated 14.67km from the CBD, Dee Why is one of Warringah localities in the postcode 2099.
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 17.39%.
Comparing Dee Why,2099 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Dee Why is giving property investors an average Vendor Discount of around -3.55%. This puts suburb at number 287th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 44.25 sales per month, which equates to 531 per year.
The NSW suburb of Dee Why, 2099 is in the Warringah local government area.