Dee Why

POSTAL CODE: NSW, 2099
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Figures from the previous quarter show that capital gains for real estate buyers in DEE WHY are low, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $1450 based on current median home prices for the suburb.

On average, rents on listings have reached the $1450 mark, reflecting a 2.85% increase in returns based on the current median price in DEE WHY.

DEE WHY, 2099 ranks 1281st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 755th on the list of best yielding suburbs for rental properties in NSW, posting a 2.85% return.

Surburb overview

Dee Why, located approximately 18 kilometres northeast of Sydney's central business district, is a vibrant coastal suburb in the Northern Beaches region. As of the 2021 Census, it had a population of approximately 23,354 residents.

Public transport in Dee Why has buses running along Pittwater Road, including the high-frequency B-Line route connecting the Sydney CBD to Mona Vale. The B-Line stop at the intersection with Howard Avenue is also served by routes 160X to Chatswood and 199, linking Palm Beach to Manly. Services run every 10 minutes or less throughout the day.

The suburb offers a range of recreational facilities, including Dee Why Beach, which is popular for swimming and surfing. Established in 1961, the Dee Why Surfing Fraternity is Australia's oldest surfboard riders club. Sporting clubs such as the Dee Why Lions rugby union team and the Dee Why Football Club, known as "The Swans," provide opportunities for community engagement.

Educational institutions in Dee Why include Dee Why Public School, Fisher Road Special School, and St Kevin's Catholic Primary School. St Luke's Grammar School, a K–12 Anglican institution, is in the suburb.

In terms of housing, Dee Why features a mix of residential properties, with 81.9% being flats, units, or apartments and 15.3% being separate houses. The median home property price is approximately $2,910,000, with an annual capital growth rate of 18.78%. For units, the median price is around $915,000, with a growth rate of 3.04%. Rental yields are currently 2.48% for houses and 3.90% for units.

Dee Why offers a blend of coastal living with access to essential services and recreational activities, contributing to its appeal as a Northern Beaches suburb. 

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