16/26-32 Boronia Street, Dee Why NSW 2099
16/26-32 Boronia Street, Dee Why NSW 2099
Top-floor north-eastern corner | district views and ocean glimpses | quiet rear block in Dee Why | strong comparable sales in building
This unit occupies a rare top-floor corner position that captures north-eastern light and district views, a configuration that commands premium pricing in this block. The 98m² internal size is generous for a two-bedroom apartment, and the secure parking plus separate carport reduce the trade-offs typical of unit living. Comparable sales at 1/16 and 4/16 Boronia Street show consistent capital growth and strong rental demand, making this property suitable for an owner-occupier seeking lifestyle proximity to Dee Why Beach or an investor targeting the suburb’s 3.8% rental yield. The quiet rear positioning and low-rise block appeal to buyers who prioritise amenity over height.
The primary risk is the discrepancy in listed size—98m² versus 83m²—which may affect valuation and resale clarity. The galley kitchen and single bathroom are functional but dated, limiting immediate appeal to buyers expecting modern finishes. No bushfire, flood, or heritage overlays reduce holding risk. The opportunity lies in the building’s active market: recent sales at $1,030,000 and $1,075,000 provide a clear price floor, and the estimated value of $1,121,000 suggests room for modest capital growth in Dee Why’s 15.3% rising market. Hold this property as a medium-term residential investment or occupy it for its lifestyle edge, and consider cosmetic updates to lift rental yield toward the $900 per week achieved by a comparable unit.
Detailed Independent Property Report prepared by PropCred Analyst team for 16/26-32 Boronia Street, Dee Why NSW 2099
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
2
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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
1
Parking
1
Land
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