5/51 Lynwood Avenue, Dee Why NSW 2099
5/51 Lynwood Avenue, Dee Why NSW 2099
Freestanding townhouse | quiet complex of six | walk to beach | rare parking abundance
This property presents a genuinely uncommon configuration in Dee Why: a freestanding townhouse on a substantial lot within a small complex, offering the spatial privacy of a house without the landholding burden. The four-bedroom layout with two bathrooms, a covered courtyard, and a balcony provides functional separation for a family, while the oversized garage with mezzanine storage and additional off-street parking is a material advantage in this suburb. For a buyer seeking a low-maintenance coastal base with room to grow, this property competes on space and convenience rather than finish or design flair.
The main risk is the strata context: with only six units, cost exposure to special levies is higher if common property requires significant repair, though the current levies are reasonable. The 2021 purchase price provides a clear benchmark for value, and the estimated appreciation to $1.93 million reflects genuine market movement rather than speculation. This property suits a buyer who values immediate livability and parking over renovation upside or architectural distinction. Hold as a long-term family home or a stable rental with strong yield potential given the location and configuration.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/51 Lynwood Avenue, Dee Why NSW 2099
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
1
Land
1336m²
URL has been copied successfully!