Dee Why breaks real estate record for the second time this year, sells waterfront houses

The housing record in the northern beach suburb of Dee Why was broken for the second time in six months.

The new benchmark was set by the sale of a five-bedroom house on the waterfront 7 Look out the avenue.

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Three weeks after its launch, it was sold to a young local family at an undisclosed price.

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Tattersalls’ agent Blake Freeman was unable to disclose the price, but confirmed that it was sold at an “early $8 million” price, setting a new record.

This tied the result to the upper limit of the US$7.7 million to US$8.2 million price guide set at the start of the campaign.

The pending settlement will show that 7 Lookout Ave surpassed the record of $8 million sold in January for the house next door to 5 Lookout Ave.

Mr. Freeman said that during the short period of time the house was sold, he was “at a loss” over the interest level.

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“We have six different buyers who want to bid,” he said.

“I didn’t expect that we would have so many buyers with cash to buy high-end markets.”

Mr. Freeman believes that despite its high price, it still offers buyers a better price/performance ratio than nearby Manly.

“If it were on a similar street in Manly, such as Bower Street, its price could easily double,” he said.

This stunning property has a “wine wall”, swimming pool, stylish interiors, and no neighbors in front.