Get a property report and suburb profile for any property in Dee Why

Dee Why is a beachside Northern Beaches suburb centred on a wide sandy shore and foreshore, with a promenade, surf club and the Dee Why Lagoon wetland reserve. Streets behind the esplanade mix low-rise apartments with older weatherboard and brick homes, creating a community of long-term locals, young professionals and families who favour an outdoor, coastal lifestyle. Pittwater Road is the main shopping and bus corridor, with cafés, restaurants and everyday services close to the beach, and B-Line bus stops provide regular links to the rest of the northern beaches and the city.

Home to 23,354 people with a median age of 36, Dee Why is a suburb of families and has a near-even split between owner-occupiers (51.5%) and renters (48.5%). The Dee Why Town Centre Master Plan guides renewal work such as streetscape and public open space improvements, a beach playground upgrade, dune and lagoon restoration, better walking and cycling links, and improved connections to the Northern Beaches Hospital. That combination of seaside recreation, local services and ongoing local improvements will suit people who prioritise coastal access and everyday convenience; whether it fits you depends on what you want from a suburb.

Rents in Dee Why take a large share of a typical local household's income as recorded at the last Census. A house rent of $1,325 a week would be about 63% of the median local household's weekly income, a large share, while a unit rent of $800 a week is about 38% of that income, a sizeable share. If you're renting rather than buying, those rent shares are the most relevant figures for your budget.

Buying sits well above local incomes on these figures. The median house price of $2,110,000 is about 19.3 times a typical local annual household income at the last Census, and the median unit price of $1,075,000 is about 9.8 times. Both multiples are well above what households locally earned at the last Census, with the house multiple particularly high.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

In Dee Why over the past 12 months, the house and unit markets moved in opposite directions. Median house values fell 5.2%, while median unit values rose 11.7% — a solid decline for houses and a strong increase for units. On the income side, house rents climbed 10.4% and unit rents rose 8.1%, so the rent a house earns increased faster than the rent a unit earns. That means units delivered the stronger capital growth this year, while houses showed the larger rent gain; whether that balance suits your investment goals depends on your objectives and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.