Ocean Reef — Houses

NEUTRAL
WA 6027 House Rank #175 of 244 in Perth ↑4
$1.42M
Median House Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
105 buyers/listing
Strong
LIQUIDITY
40d DOM
Weak
AFFORDABILITY
30.0% vs 5yr
Weak
GROWTH OUTLOOK
Average
Neutral
YIELD
3.5%
Neutral
SUPPLY PRESSURE
0.7% vacancy
Strong
#175/244 Average Structure 45 Elevated risk $1.42M

Atlaso rates Ocean Reef houses as HOLD. Average growth outlook. Vacancy is extremely tight at 0.7%, well below the 2.5% equilibrium, but conviction is not high enough for a BUY rating. Better houses options may be available in Perth.

At $1.42M, Ocean Reef ranks #175 of 244 houses in Perth. The long-term structural outlook is Average. Short-term momentum is accelerating.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Perth.

Ocean Reef Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
-1.5%
Asking Prices (3mo)
+11.2%
Rents (12mo)
0.6%
Vacancy
56%
Fresh Stock (<30d)

House Asking Prices (12 months)

$1.10M

House Weekly Rents (12 months)

$857/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 6027.

Momentum Health

Elevated risk

59% stall probability

Ocean Reef has been running at 38.2% growth but multiple stall indicators are present. Vacancy may be loosening, yield is compressing, or the suburb has caught up to city pricing. Consider taking partial profits.

STALL RISK 59%

Suburb Profile

Ocean Reef at a Glance

SEIFA Index
8/10
Most advantaged
Household Income
$2,016/wk
Median household
Median Age
40
Years
Mortgage Stress
23%
of income
Population Growth
-4.6%
vs state +1.9%
Ownership Mix
35.6% owned 37.6% mortgage 24.4% renting

Demographic Trends

Ocean Reef Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Ocean Reef Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Ocean Reef a good suburb to invest in?
Atlaso rates Ocean Reef as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Ocean Reef and 46 Australian cities to generate this rating.
What is the median house price in Ocean Reef?
The current median house price in Ocean Reef, wa is $1.42M, with annual growth of +5.4%. Properties sell in approximately 40 days.
How fast do properties sell in Ocean Reef?
Properties in Ocean Reef sell in 40 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Ocean Reef?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Ocean Reef's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Ocean Reef?
The gross rental yield for houses in Ocean Reef is 3.5%. This is in line with the broader market average.

Want to compare suburbs?

Check Another Suburb
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).