Dee Why suburb profile
Dee Why is a vibrant coastal suburb located in Sydney's Northern Beaches, known for its stunning beachfront and relaxed lifestyle. The suburb offers a mix of modern apartments and traditional homes, catering to a diverse community of families, professionals, and retirees. Dee Why Beach is a focal point, featuring a bustling promenade with cafes, restaurants, and surf clubs, making it a popular spot for both locals and visitors. The suburb boasts excellent public transport links to Sydney CBD and nearby areas, along with a range of recreational facilities and parks. Its coastal charm and community spirit make Dee Why a desirable place to live and visit.
Dee Why property market performance
Dee Why’s property market has experienced notable growth over the past 12 months, with house values increasing by 11.4% and unit values rising by 7.9%. The median house price over the past three months has averaged $2.60 million, while units have averaged $985,500, indicating strong demand in the area.
Sales activity has been robust, particularly in the unit market, with 100 units sold compared to just 12 houses in the past three months. Units are selling faster, with a median of 23 days on the market, while houses are taking longer at 50 days, suggesting a higher demand for units.
The rental market in Dee Why has shown a divergence, with unit rents increasing by 10.3% over the last 12 months, while house rents have remained stable. This indicates a growing preference for rental units in the suburb.
Median price - houses$2.60MPast 3 months
Median price - units$986KPast 3 months
Change in value - houses11.4%12 months
Change in value - units7.9%12 months
Houses sold12Past 3 months
Units sold100Past 3 months
Median DOM - houses49.5Past 12 months
Median DOM - units23Past 12 months
Average rent - houses$750Past 12 months
Average rent - units$750Past 12 months
Change in rent - houses-4.5%Past 12 months
Change in rent - units10.3%Past 12 months
Dee Why demographics
Dee Why, located on Sydney's Northern Beaches, is a vibrant suburb known for its stunning coastal views and relaxed beachside lifestyle. With a population of 23,354, Dee Why offers a blend of urban convenience and natural beauty, making it a popular choice for families, professionals, and retirees alike. The median age of 36 reflects a balanced demographic, with many residents enjoying the suburb's family-friendly environment and proximity to the beach.
The suburb's housing market is diverse, with 48.5% of properties being rented, appealing to those seeking flexibility and a coastal lifestyle. Meanwhile, 21.5% of homes are owned outright, and 30% are owned with a mortgage, indicating a stable community with a mix of long-term residents and new homeowners. Dee Why's family-oriented atmosphere is evident, with 39% of households being couple families with children and 44.1% being couple families without children, highlighting its appeal to both young families and couples.
Dee Why's local amenities, including cafes, restaurants, and shopping centers, complement its natural attractions, such as Dee Why Beach and the scenic coastal walks. The suburb's median total household income of $2,106 per week suggests a comfortable standard of living, supported by a range of employment opportunities in the area. Overall, Dee Why offers a unique blend of coastal charm and urban convenience, making it a sought-after destination for those looking to enjoy the best of both worlds.
Dee Why infrastructure, key developments and investment opportunities
Dee Why is experiencing significant development as the administrative center of the Northern Beaches Council, with ongoing revitalization efforts enhancing its appeal to property buyers. The suburb benefits from its coastal location and proximity to the Dee Why Lagoon Reserve, a 77-hectare conservation area that adds environmental value to nearby properties. Recent demographic trends show a growing population, with an 8.5% increase reported in census data, indicating sustained demand for housing in this northern Sydney suburb.
The property market in Dee Why remains robust with median house prices reaching $2,880,000 and showing annual capital growth of 2.86%. As a primarily high-density residential area with over 60% of dwellings being apartments, Dee Why offers diverse housing options while maintaining its beach lifestyle appeal. The suburb's strong public transport connections, recreational facilities, and proximity to schools continue to attract professionals, families, and retirees, supporting its reputation as an "affordable gem of Northern Beaches" despite its high property values.
Dee Why rental market trends
The rental market in Dee Why has shown stability in house rents, remaining unchanged at $750 per week over the past year. In contrast, unit rents have experienced a notable increase of 10.3%, also reaching $750 per week. This growth in unit rents highlights the suburb's appeal, driven by its coastal lifestyle and ongoing development, making it an attractive option for renters and investors alike.
Suburbs near Dee Why
Some popular suburbs near Dee Why include: