6/7-9 Clarence Avenue, Dee Why NSW 2099
6/7-9 Clarence Avenue, Dee Why NSW 2099
Dee Why beachside flat | east-facing balcony | 1970s solid build | one secure car space | strong rental demand
The buying case here rests on a genuinely rare combination for a one-bedroom unit in Dee Why: a full-size separate garage, east-facing natural light, and a floorplan that separates living from sleeping without compromise. At 50 square metres with polished floors and fresh paint, the property avoids the cramped feel typical of entry-level apartments in the suburb. The 10.1% annual price growth in the area and 21-day median selling time confirm a market where well-configured stock moves fast. This unit suits a first-home buyer wanting immediate liveability or an investor chasing the $635–$745 weekly rent range with a 4.2% suburb yield. The bushfire overlay is noted but passive,it does not affect insurance or lending in practice, given the coastal urban setting.
The main risk is the age of the building: 1970s construction means older common infrastructure, and the $1,100 quarterly strata levy may rise if a sinking fund review is due. No flood or heritage overlays simplify due diligence. The opportunity lies in the gap between the $725,000 guide and the $788,000–$804,000 valuation range,buyers who negotiate below the midpoint secure immediate equity. Hold this property for its location fundamentals: beach proximity, bus access, and a suburb where unit supply is constrained by coastal geography.
Detailed Independent Property Report prepared by PropCred Analyst team for 6/7-9 Clarence Avenue, Dee Why NSW 2099
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
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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
1
Bathroom
1
Parking
1
Land
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