21/23 Howard Avenue, Dee Why NSW 2099

2-bedroom unit in Dee Why | built 2012 with 106sqm floorplate | dual parking and study | flood risk flagged This unit presents a rare configuration advantage in Dee Why’s strata market — a full 106sqm floor area with two parking spaces and a study makes it functionally closer to a small townhouse than a standard apartment. Built in 2012, it avoids the compliance and defect concerns of older stock while sitting in a predominantly owner-occupied building, which typically supports stronger capital stability and easier strata decision-making. The property serves best a downsizer or professional couple who values space and parking over ocean proximity, and who wants a low-maintenance base within walking distance to Dee Why Public School and local retail. The flood risk is the material constraint here, and it will narrow the buyer pool at resale, particularly among lenders who may require additional insurance or impose higher premiums. That cost must be quantified before offer. On the positive side, the 55% owner-occupier ratio and 45% rental mix suggest the building is well-managed and not dominated by investor churn. The rental yield at 2.99% is below market for the area, meaning the property is better held as a long-term residence than as an investment play. Buyers should treat this as a live-in unit with solid fundamentals, not a flip.