Dee Why is a large suburb in New South Wales within the Northern Beaches local government area (postcode 2099). It is home to about 23,354 residents, with a mix of young professionals and families and a median age of 36. Households earn a median income of $110K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Dee Why has a median house price of $2.8 million, which has fallen by 4.2% year-on-year. Units have a median price of $1.1 million (+2.4% YoY). The current median weekly rent is $875. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,457.
Dee Why is served by 4 schools, including 2 primary, 1 combined, 1 special. The average ICSEA score is 1085, which is above the national average of 1,000. Public transport access includes 56 bus stops. Healthcare facilities include 2 private hospitals. The crime rate in the Northern Beaches LGA is low at 1,515 incidents per 100,000 population.
Looking at the investment signals, Dee Why shows a gross rental yield of approximately 1.6%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 26.0x is considered stretched. House prices have moved -4.2% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.