28 Stoddart Place, Dee Why NSW 2099

28 Stoddart Place, Dee Why NSW 2099
3-bed single-level brick | 556 sqm level land | north-facing backyard | sold $2.1M 2023 | family-pocket classic The property is positioned as a rare single-level brick family house on a level 556 sqm parcel, a configuration that is becoming uncommon in Dee Why. Its north-facing backyard is considered a genuine lifestyle advantage, offering sun-filled outdoor space that is often sought after in established homes. The house is described as much-loved and timeless, with air conditioning and built-in robes in place, meaning it is liveable as is while offering clear scope to renovate or extend. This offering is best suited to families who value land and location over polished finish, and to renovators who see the potential of an older, solid structure. Value may be shaped by the property’s age and modest configuration, limiting appeal to those needing more than three bedrooms. The lack of a large lock-up garage is a constraint, though the open car space helps. Opportunities might lie in renovating to extend, given the level site and no overlays. Surrounding demand is believed durable, supporting price stability.
Detailed Independent Property Report prepared  by PropCred Analyst team for 28 Stoddart Place, Dee Why NSW 2099
Checks found:
Value Risk
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk
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Market Insight

Dee Why is a high-density beachside suburb 19km from Sydney CBD, with apartments comprising over 60% of stock and a renter-majority population. Demand is driven by professionals, families and retirees seeking lifestyle, reflected in strong unit turnover (166 sales versus 17 houses) and rental growth of 5.2% for houses and 4.2% for units. House prices have fallen 7.1% to a median of $2.72m, with a 61-day selling period; units rose 12.6% to $1.075m, supported by a 4.0% gross yield against 2.5% for houses. Future growth hinges on transport links, schools and beach amenity, while key risks include affordability constraints, rate sensitivity given 57% mortgage ownership, and very limited house supply.
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PropCred Estimated Value

Comparable Sales: 11 Stoddart Place sold $1.85M in 2020; 28 Stoddart Place sold $2.1M in 2023 | Property Price Band: $2.0M–$2.1M | Value Drivers: land size, north-facing orientation, single-level character, renovation scope

Bedrooms

3

Bathroom

1

Parking

2

Land

562m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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