Dee Why, NSW 2099
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$2,315,000
Median Unit
$1,165,000
Gross Yield (houses)
2.8%
1yr Growth (houses)
-7.2%
estimate
Investment snapshot for Dee Why
Dee Why lands around the median on PropRadar's framework, with mixed metrics across yield, growth, and market dynamics.
Some signals point one way, others another. The breakdown below shows which components are above the national median and which are below.
What works
- +Tight rental market (0.9% vacancy) gives landlords pricing power and low rental downtime.
- +Houses sell quickly (22 days on market), which points to strong sales liquidity.
- +Walkability score of 74 broadens the tenant pool beyond car-dependent renters.
What to watch
- !Unit gross rental yield of 3.7% needs careful cash-flow checking after expenses and loan costs.
- !House prices have fallen 7.2% in the past year, so recent price momentum is negative.
- !Premium median house price ($2.3M) implies a larger deposit and a lower gross yield ratio than cheaper suburbs.
General information only, not personal advice. Based on PropRadar's data as of Apr 2026. Always consider your own circumstances and consult a licensed financial adviser before acting.
Dee Why market and investor summary
Dee Why (NSW 2099) runs a median house price of $2.3M, with houses yielding a gross 2.8%. House prices have moved -7.2% over the past year and +15.6% over three years. At 0.9% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.8% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking.
Living in Dee Why: people, income and schools
Dee Why has a resident population of roughly 42,917, a number that has held fairly steady over five years. The median age is 30, younger than the national median.
Households here earn a median of about $114,000 a year, or roughly $2,190 a week. At current prices a median house runs to a steep 20.3 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 34% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 38 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 15 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 74 for walkability and 89 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Basement (vectored or non-vectored).
- Population
- 42,917
- +4% over 5yr
- Median age
- 30 years
- Median household income
- $114,000/yr
- Households renting
- 48%
- Family households
- 44%
- Schools within 5km
- 38
- avg ICSEA 1044
- Unemployment
- 3.5%
- Distance to CBD
- 15 km
- Walk score
- 74/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Dee Why
View all →Frequently asked questions about Dee Why
What should I check before investing in Dee Why?
Dee Why lands around the median on PropRadar's framework, with mixed metrics across yield, growth, and market dynamics. Some signals point one way, others another. The breakdown below shows which components are above the national median and which are below.
Is Dee Why a strong property investment market?
Dee Why is a fair investment suburb based on the combination of rental yield, capital growth, market dynamics, location, price efficiency, and risk. The metrics that drive that rating are listed in the verdict above.
What are typical property prices in Dee Why?
The median property price in Dee Why, NSW 2099 is $2.3M for houses and $1.2M for units.
What rental yield does Dee Why show?
The gross rental yield in Dee Why is 2.8% for houses and 3.7% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Dee Why?
House prices in Dee Why are down 7.2% over the past year and up 15.6% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Dee Why?
The current vacancy rate in Dee Why is 0.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Dee Why?
Dee Why has a population of approximately 42,917 residents, with a median age of 30.
What schools are near Dee Why?
There are 38 schools within roughly 5km of Dee Why. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Dee Why affordable to buy in?
A median house in Dee Why costs about 20.3 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Dee Why's population growing?
The population of Dee Why has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Dee Why from the CBD?
Dee Why is about 15 km from the CBD.