1/99 Pacific Parade, Dee Why NSW 2099
1/99 Pacific Parade, Dee Why NSW 2099
2/1/1 unit | Dee Why beachside | stable owner block | value likely condition-driven
The 2/1/1 configuration is considered typical for Dee Why, but the unit’s placement in a strata block where the average owner has lived for over 12 years is regarded as a genuine strength. Established buildings of this kind are known to produce a stable resident profile, which is often associated with better-maintained common areas and predictable outgoings. The property is positioned in a walkable coastal pocket, with the beach and daily amenity easily accessed, making it a practical choice for immediate lifestyle use. This unit is best suited to a first-home buyer or downsizer who values location over modern presentation and is prepared to undertake internal refreshment.
The unit’s value may be influenced by aspect and floor level, which are not precisely known. Renovation quality might be considered decisive, as this older strata stock is often found to require kitchen and bathroom updates. The lack of premium amenities and guaranteed views could be seen as limiting, so careful inspection of light and outlook is advised.
>> Comparable Sales: 10/99 Pacific Parade $860K (Feb 2025); 1/100 Pacific Parade $962.5K (Jun 2026) | Property Price Band: $850K–$950K | Value Drivers: condition, aspect, presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 1/99 Pacific Parade, Dee Why NSW 2099
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
1
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
1367m²
URL has been copied successfully!