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Ocean Reef
WA, 6027 - Joondalup

Thinking about buying in Ocean Reef? Now could not be a better time, with 3210 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,153,000 with prices in this suburb ranging from $354,000 to $4,637,000. Ocean Reef is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $546.87
Median Monthly Mortgage $2351.22
Median Persons Per Bedroom 0.72
Average Household Size 3.00
Average Age 44.83
Average Income $946.39
Average Cars Per Dwelling 2.28
Average Properties Within 50M 8

Housing Stock

Average Property Prices

1 Bed  $1,168,000
2 Bed  $974,000
3 Bed  $956,000
4 Bed  $1,182,000
5 Bed  $1,384,000
6 Bed+$1,488,000

Ocean Reef Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Ocean Reef driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Ocean Reef ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Ocean Reef leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Ocean Reef necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Ocean Reef

Harcourts 30 WINDLASS AV, OCEAN REEF, WA, 6027 Beds5 Bathrooms2 Parking 2 Under Offer
The Agency 14 MAINSAIL DR, OCEAN REEF, WA, 6027 Beds7 Bathrooms2 Parking 2 End Date Sale
The Agency 74 SANTIAGO PWY, OCEAN REEF, WA, 6027 Beds6 Bathrooms3 Parking 6 Expressions of Interest
The Agency 10 BLOCK PL, OCEAN REEF, WA, 6027 Beds5 Bathrooms3 Parking 3 Contact Agent

Local Schools

Ocean Reef Senior High School

Beaumaris Primary School

Ocean Reef Primary School

Prendiville Catholic College

St Simon Peter Catholic Primary School

Mullaloo Beach Primary School

Poseidon Primary School

Mullaloo Heights Primary School

Beldon Primary School

Beldon Education Support Centre

(While the above schools are located with the suburb of Ocean Reef there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Ocean Reef weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Oct1.012.324.239.888.03.023.4
Nov0.914.727.435.382.43.327.9
Dec0.416.629.932.178.33.530.8
Jan0.718.632.131.776.53.529.1
Feb0.818.931.833.677.53.225.1
Mar0.617.329.835.981.12.920.0
Apr0.914.226.539.288.42.315.8
May2.810.122.443.493.12.012.3
Jun3.98.819.449.895.22.110.2
Jul4.68.418.651.296.12.110.4
Aug4.18.419.048.695.72.313.2
Sept2.59.820.944.292.92.618.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

ConnollyMullalooHeathridgeIlukaCurrambineBeldonKallarooJoondalupBurns BeachCraigie

Public Transport


General Points of Interest

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