What is the zoning for 412/23 Pacific Parade, Dee Why?

412/23 Pacific Parade, Dee Why is zoned R3 (Medium Density Residential), based on council planning records.

What is the median unit price in Dee Why?

The median unit price in Dee Why, NSW is $1.2M.

Are there schools near 412/23 Pacific Parade, Dee Why?

There are 38 schools within roughly 5km of Dee Why.

How walkable is Dee Why?

Dee Why scores 74 for walkability and 89 for transit out of 100.

This frozen Dee Why report shows the unlocked valuation, comparable-sales, and cashflow workflow before you use it on a live property.

412/23 Pacific Parade, Dee Why, NSW, 2099

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Apartment Private SaleBoom

Asking Price

$920,000

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2 Beds1 Baths1 Cars

Land: 2,733 m2

Property overview

This 2-bedroom apartment at 412/23 Pacific Parade in Dee Why, NSW 2099 is on the market at $920K, with 1 bathroom and parking for 1. Dee Why sits about 15 km from the CBD, where the median unit price is $1.2M. 38 schools sit within about 5km, and the area scores 74 for walkability and 89 for transit out of 100.

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

Strong

Confidence: High

Based on $920,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

Score 88/100
8% below valuation
Yield 4.8%
Suburb +14.3% YoY
Vacancy 0.9%

Compare Cashflow

Listed

21 Mar 2026

Updated

5 May 2026

Valuation confidence

High

Investment Score

Excellent

High confidence

Deal76/100

19.8/26 raw pts

Growth80/100

12.8/16 raw pts

Cash Flow98/100

11.8/12 raw pts

Market84/100

15.2/18 raw pts

Location52/100

7.3/14 raw pts

Risk Control95/100

-1.0 raw pts

Investment Insights

Price vs Valuation

-7.6%

$-75,450 gap

Asking $920KValuation $995K

Large valuation gap needs review before treating it as upside
Good rental yield at 4.8%
Rental covers purchase in ~20 years

Dee Why at a glance

Unit market signals | NSW 2099

Full suburb profile

Median

$1.2M

Yield

3.7%

1yr growth

+14.3%

Vacancy

0.8%

To CBD

15 km

Market cycle:Boom

Valuation gap needs reviewGood yield 4.8%

Est. Valuation

$995,450

$866,500 - $1,120,500

Potential Sell Price

$962,420

Est. Rent/wk

$898

$840 - $965/wk

Potential Gross Yield

4.8%

Valuation details

High confidence

High confidence means the estimate is supported by a tighter valuation range and stronger comparable data.

Range width25.5% of estimate

Ask vs valuation+8.2%

Comparable sales check

10 nearby sales. Confidence: Loading.

See table

Median comparable

$975,000

Comparable range

$860,000-$1,700,000

Subject vs median

-6%

Closest match

8/16-18 Boronia Street, Dee Why, NSW,...

$1,175,000 sold 1 May 2026

See all recent sales in Dee Why

Price Position

vs Suburb Median (Units)

-21%below median $1.2M

LowermedianHigher

vs Estimated Valuation

-8%below valuation $995K

LowervaluationHigher

Key Highlights

Priced 21% below suburb median: strong value

Good yield at 4.8%

Suburb grew +14.3% last year

Low vacancy rate (0.9%)

Subdivision & Development Potential

None Potential0/100

R3Medium Density Residential

Apartment: strata-titled, cannot be subdivided

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

Development precedent in this area

63 subdivision / multi-dwelling applications in Dee Why in the last 3 years, 52 approved / decided.

• Secondary dwelling, Demolition, Dwelling house, Alterations or additions to an existing building or structure, Erection of a new structure, 27 Aug 2026
• Dwelling house, Subdivision, Erection of a new structure, 26 Aug 2026
• Attached dwelling, Dual occupancy, Erection of a new structure, Dual occupancy (attached), Residential Accommodation, 18 Aug 2026

Real council applications near this property: evidence of what is being developed locally, not just a model estimate.

From the listing description

Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.

Tenanteduntil 15 Jan 2027

Zoned to market for many of

Total Cost to Purchase

Purchase Price: $920,000
Stamp Duty (New South Wales): $35,813
Transfer/Registration Fee: $400
Legal & Conveyancing (est.): $2,000
Building & Pest Inspection (est.): $700
Total Cash Required: $958,913

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Comparable Sales(10 recent sales nearby)

Median sold

$975,000

Average sold

$1,095,000

Price range

$860,000-$1,700,000

Median $/sqm

$10,000(this: $337)

Avg days to sell

30 days

Sold above asking

67%(4/6)

Priced 6% below median: potential value

Address	Match	Sold Price	vs Asking	vs Median	$/sqm	When	Beds
8/16-18 Boronia Street, Dee Why, N...	Strong	$1,175,000	+28%	-	-	1 May 26	2
8/68-70 Pacific Parade, Dee Why, N...	Strong	-	-	-	-	1 May 26	2
2/6 Francis Street, Dee Why, NSW,...	Strong	$860,000	-7%	-	$15,088	29 Apr 26	2
4/21 Westminster Avenue, Dee Why,...Peaking	Strong	$1,000,000	+9%	-14%	$10,000	24 Apr 26	2
1/83 Pacific Parade, Dee Why, NSW,...	Strong	-	-	-	-	24 Apr 26	2
1/108 Fisher Road, Dee Why, NSW, 2...	Good	$1,700,000	+85%	-	$9,444	29 Apr 26	3
6/34 Fisher Road, Dee Why, NSW, 20...	Good	$950,000	+3%	-	$8,407	24 Apr 26	2
501/890 Pittwater Road, Dee Why, N...	Good	$1,250,000	+36%	-	$6,250	23 Apr 26	2
104A/8 Oaks Avenue, Dee Why, NSW,...	Good	$905,000	-2%	-	$12,067	1 May 26	1
363/28 Oaks Avenue, Dee Why, NSW,...	Good	$920,000	+0%	-	$12,603	24 Apr 26	1
Median		$975,000	+6%		$10,000