7/58 Pacific Parade, Dee Why NSW 2099

7/58 Pacific Parade, Dee Why NSW 2099
Ground floor | 83mยฒ internal | 1 open car space | Dee Why beachside pocket | 70% owner-occupied building The unitโ€™s ground-floor position on a 1544mยฒ strata lot with no overlay constraints gives it a rare configuration edge: private entry and direct outdoor access without lift reliance, appealing strongly to downsizers or investors seeking low-maintenance coastal living. The 83mยฒ internal footprint is generous for a two-bedroom apartment in this market, and the buildingโ€™s 70% owner-occupier profile signals stable tenure and well-maintained common areas, reducing risk of rental volatility. For a buyer, this property competes on space and positioning rather than finish, and suits those prioritising lifestyle proximity to Dee Whyโ€™s retail and beach over a premium address. The open car space rather than secure garage may deter some owner-occupiers and slightly narrow resale demand, while the 2010 last sale date suggests limited recent price discovery. However, the estimated value range of $1,037,000โ€“$1,067,000 implies upside from the guide, and the potential rental yield of $760โ€“$925 weekly supports a hold strategy for investors seeking cash flow in a tightening market. Use this property as a long-term hold in a supply-constrained coastal corridor, or as a lifestyle base with exit optionality via the strata lotโ€™s redevelopment potential.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Dee Why presents a compelling yet nuanced coastal market, where strong demand for units contrasts with a softening house segment. Professionals and families are drawn by the beach lifestyle and accessibility to the city, fueling robust unit sales and rental growth. While the unit market shows significant momentum, the house market faces headwinds from broader affordability pressures and sensitivity to interest rates. Future growth will be underpinned by its enduring lifestyle appeal and high-density residential character, though supply constraints for houses and rate sensitivity remain key considerations for buyers.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

1544mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat