Suburb Profile Report for Dee Why NSW (2099)

Dee Why House: Median price $1,735,000, Annual capital growth 8.23%, Number of sales 59, Weekly median advertised rent $888

Dee Why Unit: Median price $750,000, Annual capital growth 5.85%, Number of sales 537, Weekly median advertised rent $560

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
  • Unit Report

Dee Why is in the TOP 20% in NSW when comparing median price capital growth over the last year. Dee Why gave property investors a very good capital gain figure when compared to the rest of the state, with 6.77%.

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 should expect to get $887.5 weekly from the median priced house in this suburb.

Dee Why has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -2.60% to date .

Dee Why,2099 was ranked 671 in Australia by increase in median property value over the quarter.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.57% offered to property buyers. Sellers in Dee Why itself are offering an average vendor discount of -6.10% to real estate investors.

At number 189 in a list of fastest selling suburbs, Dee Why is in the TOP 20% of suburbs in Australia with an average of days on market 57.4774 for properties listed there.

The NSW suburb of Dee Why, 2099 is in the Northern Beaches (A) local government area.

Information supplied by:


August 2018

M
O

W
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Units see demand in coastal suburb

Postcode: 2099

Median unit price: $800,000

Stock on market: 64.0%

12-month growth: 4.9%

Situated right on the coastline less than 20km from the Sydney CBD, the suburb of Dee Why saw apartment supply soar in the 12 months to May 2018.

In May 2017, only 76 units were on the market – a year on, that figure had almost doubled to 133. Dee Why’s excellent location could be attracting buyers who can’t find any more wiggle room in Sydney’s stuffed neighbourhood, and as such properties are generally purchased after an average of only 38 days on the market. Prices increased by 4.9% in this period as well, although the three months to May 2018 recorded a drop of 2.4%.

Dee Why is regarded as the centre of the Northern Beaches region, and serves as the administrative centre of the Northern Beaches Council LGA.

Metrics i HOUSE UNIT
$1,735,000 $750,000
13.40% 0.67%
6.77% -2.60%
8.23% 5.85%
$888 $560
59 537
2.66% 3.88%
59.8947368421053 57.477366255144

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
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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
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