10 Block Place, Ocean Reef WA 6027
This property is Off Market
- The Average property price in this area is $1,153,192, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 0.59 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Ocean Reef
With an average age of 43, households expect an average monthly mortgage payment of $2,421 or a weekly rent payment of $710. The average family earns a weekly income of $3,625 with a typical household size of 3.3 and a 93.89% 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?
There are a recorded 826 asthma sufferers and 300 people living with diabetes. In addition, 359 people have a heart/vascular condition and 426 people live with three or more chronic diseases.A good place to invest in property?
Ocean Reef a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Western Australia State average 54 / 100
Income
68 / 100
55 / 100
Industry
45 / 100
48 / 100
Population
40 / 100
35 / 100
House Prices
84 / 100
62 / 100
Jobs
15 / 100
17 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
Property Story
10 Block Place, Ocean Reef, Wa, 6027 is a residential property with 5 bedrooms, 3 bathrooms and 3 Parking spaces. The estimated value of this home is $2,095,000 while properties of this type typically sell for between $1,070,000 and $1,450,000 in this suburb. The estimated distance to the sea is only 0.59km and 0.13KM to vegatation considered to be a factor in bushfire risk.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
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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