OFF MARKET

24A Palari Road
Ocean Reef WA 6027

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 194m2
Land area: 351m2
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Property Details for 24a Palari Rd, Ocean Reef

24a Palari Rd, Ocean Reef is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 351m2 and floor size of 194m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
House
Year Built
2021
Floor Size
194m2
Land Size
351m2
Local Government
Joondalup
Lot/Plan
888/P407906

Last Listing description (November 2017)

Be quick to snap up this affordable block sitting on a beautifully positioned and elevated site savoring magnificent ocean views in a sought after coastal suburb. Sitting high at the top of a quiet cul-de-sac, this is the perfect opportunity to build your dream home with forever views along the coastline of the stunning Indian Ocean and to Rottnest Island.
Build your own home to suit your needs and desires while this affordable opportunity is right here. Offering 351sqm of prime land with views from the ground level and astonishing views from a 2nd storey with quality homes surrounding.
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 at the bottom of the street) and you will find Western Australia's biggest shopping centre in Joondalup City along with the hospital, University and lots of entertainment facilities. Blocks like this one don't come up every day, so you should be quick.

Ocean Reef is the coastal suburb that has all the necessary family friendly infrastructure in place, for everyone from 0 - 100 years.
Call Sharon Adams for further details.

Property History for 24a Palari Rd, Ocean Reef, WA 6027

A timeline of how this property has performed in the market
Last Sold
$395,000
12 Oct 2017
  • 12 Oct 2017
    Sold for $395,000
  • 12 Oct 2017
    Sold for $395,000
  • 11 Sep 2017
    Listed for Sale Price by Negotiation over $410,000
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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.