74 Santiago Parkway,
Ocean Reef WA 6027

About Ocean Reef

With an average age of 40, households expect an average monthly mortgage payment of $2,250 or a weekly rent payment of $525. The average family earns a weekly income of $3,405 with a typical household size of 3.2 and a 93.66% employment rate.

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.

Public Transport

Hillarys Ferry Terminal Zamia Clarkson Joondalup Edgewater Whitfords Greenwood Warwick Rottnest Ferry Stirling

General Points of Interest

Joondalup Resort Golf Course HBF Arena Eastern Oval Carramar Golf Course State Swim HBF Arena Swimming Pool Dolphin Monument Lake Joondalup Village Lake Joondalup Badminton Club Banksia Grove Shopping Centre William Marmion Monument William Marmion Monument

Population

(Country of Birth not stated 1%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• Connolly Primary School

  Connolly, WA, 6027 State K-6

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• Ocean Reef Senior High School

  Ocean Reef, WA, 6027 State 7-12

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• Ocean Reef Primary School

  Ocean Reef, WA, 6027 State K-6

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• Beaumaris Primary School

  Ocean Reef, WA, 6027 State K-6

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• Prendiville Catholic College

  Ocean Reef, WA, 6027 Independent 7-12

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• St Simon Peter Catholic Primary School

  Ocean Reef, WA, 6027 Independent PP-6

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website