2402/2-10 Mooramba Road, Dee Why NSW 2099
2402/2-10 Mooramba Road, Dee Why NSW 2099
Top-floor north-facing position | all-day sun | Dee Why beachside precinct | balanced owner-renter split
This property occupies a top-floor position with a north-facing orientation that delivers all-day sunshine and an elevated east-to-west outlook, a configuration rarely available in the Allure complex. The 70mยฒ floorplan is efficiently arranged with two bedrooms including a master with ensuite and walk-in robe, timber floorboards, and a neutral interior that requires no immediate updating. For a buyer seeking a low-maintenance home in the Dee Why commercial heart within walking distance to beach, B-line bus, and local amenities, this unit offers a strong combination of natural light, privacy, and convenience. The building’s 50/50 owner-renter split and 68% auction clearance rate suggest a stable but not overheated market environment.
A flood overlay is detected on the property, which may affect insurance premiums and long-term resale appeal, though no bushfire or heritage risks are present. The last recorded rent of $720 per week in October 2022 and current rental estimate of $875-$950 per week indicate rental growth potential, but the yield of 4.27% is modest for an investor. The property was last sold in October 2020 for $810,000, and the current price guide of $1,050,000-$1,150,000 reflects significant capital growth over six years. NBN Fibre to the Premises and 5G coverage are supporting value adds rather than primary drivers. The upcoming inspection on Saturday, 16 May 2026 provides an opportunity to assess the flood overlay’s practical implications and the building’s overall condition.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 2402/2-10 Mooramba Road, Dee Why NSW 2099
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.