March 13, 2017
Ocean Reef is a coastal suburb in the City of Joondalup, located 30km from the Perth CBD. It is approximately six square kilometres in size, with ten parks covering nearly 6% of its total area. A dune walkway and cycle path hugs the coast from south to north, offering access to several small beaches, picnic areas, rest stops, and access paths into the suburb itself. A large protected dune area which is at times around 400 metres wide separates the houses from the Indian Ocean.
Ocean Reef contains three Primary Schools - Ocean Reef Primary School (public), Beaumaris Primary School (public) and Saint Simon Peter Catholic Primary School (private). It also has two high schools - Ocean Reef Senior High School (public) and Prendiville Catholic College (private).
In 2011 the population was 8,098, with a predominant age group of 0-14 years old. Households are primarily couples with an average of two children. 57.9% of people are working full time, with most people working in a professional occupation.
85.5% of houses in Ocean Reef are owner occupied, with mortgage repayments likely to be between $3,000 - $4,000 per month. The median rent is $450 per week.
In January 2017 the median sales price of houses in the area was $865,000, after a low of $645,000 in December 2016 following a high of $880,000 the previous month.
To make an appointment to discuss purchasing property in Ocean Reef, call Tim and the Team on 9309 4780!
This suburb profile has been created using information from Wikipedia and one of the really useful reports produced by CoreLogic RP Data. To read more on how these different reports could be of benefit to you, and how Mortgage Choice in Kingsley can supply you with one free of charge, then check out this blog post or give us a call on 9309 4780.