OFF MARKET

17 Binnacle Road
Ocean Reef WA 6027

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 182m2
Land area: 723m2
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Property Details for 17 Binnacle Rd, Ocean Reef

17 Binnacle Rd, Ocean Reef is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 723m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
1980
Floor Size
182m2
Land Size
723m2
Local Government
Joondalup
Lot/Plan
69/P012806

Last Listing description (July 2017)

Looking for something that you can add your own touches to and create your own dream home, this is the ideal opportunity. It is all about location and getting into this popular coastal suburb and here is your big chance to grab both. Location is paramount and when you see the ocean glimpses from this existing home you can only imagine what a 2nd storey would capture - full coastal panorama that can only add a considerable financial gain to anything you do here.
The current home offers good bones making it an easy home to work with. From entering the formal lounge is located at the front with high slanting feature ceilings and a large formal dining around the corner with sliding door access to the rear entertainment areas.
The central sections of the home also provide generous size spaces and incorporate the spacious galley style kitchen with meals area off to the side and overlooks the large family room.

The back wing of the home houses the additional accommodation which includes 3 good size bedrooms, 2 are queen size with robes and 1 also has sliding doors to the outside. The family bathroom is located between these bedrooms, while the large laundry is positioned off the central section of the home.
The master bedroom is enormous and located at the front section with wall to wall built in robes and ensuite, and enjoys ocean views between houses.
Massive amounts of outdoor space to use as you please. Enjoy the extra-large sparkling below ground pool, superb for keeping fit, or great size for lots of family fun. Extensive paving and easy care gardens make this an easy to maintain property or ideal as a rental proposition. There is great outdoor space to create your own magic oasis to enjoy all year round.
Bring your imagination, creativity and enthusiasm and you will see what you can achieve in this amazing elevated location on a good size 723sqm block in a quiet area with so much to offer.
Only a short stroll to the infamous Mullaloo beaches, local shops and parks, not to forget the future world class Ocean Reef Marina due to commence approximately 2020. The future is looking very bright for Ocean Reef and you can be part of it. Only 7 mins drive (or jump on the bus only a short stroll away) and you will find Western Australia's biggest shopping Centre in the heart of Joondalup City along with the hospital, University and lots of entertainment facilities. Ocean Reef is a very popular family suburb with 3 local primary schools, 2 high schools and 2 local shopping centres. With all this right on your door step, now is the perfect time to get into this sensational suburb at his price.

Property History for 17 Binnacle Rd, Ocean Reef, WA 6027

A timeline of how this property has performed in the market
Last Sold
$580,000
08 May 2017
Listed for Rent
$500/w
15 Oct 2010
  • 08 May 2017
    Sold for $580,000
  • 29 Mar 2017
    Listed for Sale Price by Negotiation over $589,000
  • 17 Sep 2010
    Listed for Rent - Price not available
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About Ocean Reef 6027

The size of Ocean Reef is approximately 5.4 square kilometres. It has 11 parks covering nearly 28% of total area. The population of Ocean Reef in 2011 was 8,107 people. By 2016 the population was 7,862 showing a population decline of 3.0% in the area during that time. The predominant age group in Ocean Reef is 50-59 years. Households in Ocean Reef are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Ocean Reef work in a professional occupation. In 2011, 84.5% of the homes in Ocean Reef were owner-occupied compared with 84.9% in 2016.

Ocean Reef has 3,257 properties. Over the last 5 years, Houses in Ocean Reef have seen a 73.24% increase in median value, while Units have seen a 75.55% increase. As at 31 August 2024:

  • The median value for Houses in Ocean Reef is $1,241,754 while the median value for Units is $540,058.
  • Houses have a median rent of $850 while Units have a median rent of $728.
There are currently 15 properties listed for sale, and 2 properties listed for rent in Ocean reef on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Ocean reef.

Suburb Insights for Ocean Reef 6027

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.