6/23 Redman Road, Dee Why NSW 2099

2 bed, 1 bath unit | Dee Why strata block | Flood overlay noted | Steady growth comparables This unit offers an entry point into a well-located Dee Why complex where recent sales show consistent capital growth, with unit 3 achieving 5.29% annualised gain over 14 years. The 2-bedroom configuration with parking is practical for owner-occupiers or investors targeting the reliable rental demand in this Northern Beaches suburb. The shared strata lot of 927m² provides some land value exposure rarely found in apartment purchases. The flood overlay is the primary risk, potentially affecting insurance costs and resale appeal to cautious buyers. The 2019 data update suggests limited recent verification of bedroom and land details. Comparable sales within the building demonstrate liquidity, but the lack of ownership history means due diligence on strata levies and sinking fund is essential. For a buyer, this property works best as a medium-term hold in a growth corridor, with the rental yield from comparable units suggesting reasonable cash flow if purchased near the lower end of the estimated range.