1/26 Pacific Parade, Dee Why NSW 2099
1/26 Pacific Parade, Dee Why NSW 2099
Renovated kitchen | Bright open plan | Wrap balcony | Comparable sale in building
This unit presents a competitively strong offering within its own building, defined by a modernised kitchen and a bright, flowing living space that extends to outdoor area. This specific configuration serves owner-occupiers seeking a low-maintenance coastal lifestyle or investors targeting a turnkey property in a established location. The recent internal renovation positions it above unimproved stock, reducing immediate capital outlay for a buyer.
The primary risk is valuation reliance on a single, building-specific comparable sale, lacking broader suburb sales evidence to confirm price resilience. The absence of data on building age, strata health, and floor level introduces potential cost liabilities and lifestyle compromises. Proceed only with a stringent strata report and independent valuation, targeting a purchase price that factors in these unknowns. This property is best held as a long-term residence, not a short-term trading opportunity.
A comparable unit in the same building, 2/26 Pacific Parade, sold for $1,010,000 in October 2025. It was originally purchased for $905,000 in September 2021. This transaction within the same complex provides a direct benchmark, suggesting established demand for this building’s format and a measurable value uplift over a four-year period.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
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.