1202/2-10 Mooramba Road, Dee Why NSW 2099

1202/2-10 Mooramba Road, Dee Why NSW 2099
North-facing two-bedder in a quiet Dee Why complex | dual secure parking with storage | walking distance to beach and village | strong suburb growth and rental yield. The propertyโ€™s north aspect and dual undercover car spaces with storage cages are rare in this price band, giving a buyer a clear configuration edge over nearby listings. The 2012 last sale suggests low holding cost basis, and the 3.8% rental yield supports a buy-and-hold strategy if owner-occupier demand softens. This unit suits a professional couple or investor seeking low-maintenance exposure to Dee Whyโ€™s beachside corridor, where 15.3% suburb growth signals sustained demand. The main risk is the complexโ€™s 1.58-acre lot size, which may mean higher future levies for common area upkeep or capital works. The lack of recent comparable sales data limits precise negotiation leverage. Opportunity lies in the quiet complex positioning and leafy outlooks, which typically hold value better than street-facing units. Hold for medium-term capital growth or lease for stable cash flow; the dual parking and storage add practical appeal for tenants.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1202/2-10 Mooramba Road, Dee Why NSW 2099
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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.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1.58 acres

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