11 St Vincent Place, Ocean Reef WA 6027
11 St Vincent Place, Ocean Reef WA 6027
7 bedrooms on 703m² | Large-family configuration rare in Ocean Reef | Established coastal suburb with marina precinct nearby | Upper end of local demand profile
This is a genuinely uncommon offering for Ocean Reef. Seven bedrooms in a suburb where the typical detached house runs to four or five gives this property a structural edge that most local listings simply do not have. It sits on a 703m² block, which places it comfortably within the larger-lot end of the suburb’s housing stock, and the three-bathroom layout supports serious household capacity. For a multi-generational family, or a buyer wanting dedicated home-office and guest wings, this house offers flexibility that smaller configurations cannot match. The coastal setting, with the marina redevelopment taking shape nearby, adds a lifestyle layer that broadens its appeal beyond pure room count. This property serves buyers who need space first and are willing to pay for the rarity of that in an established suburb.
The value picture here will be shaped by how the internal condition and layout translate the bedroom count into usable living space. A seven-bedroom house can command a premium if the rooms are genuinely functional and the flow works for daily life, but if the layout feels fragmented or the finishes are dated, the market may discount it relative to tighter but better-presented homes nearby. The 703m² land size is solid but not oversized, so the price will likely hinge on the quality of the internal offering rather than the block alone. Buyers should weigh the cost of any updating against the premium that a fully realised seven-bedroom family home can achieve in this suburb.
|| Comparable Sales: 2 St Vincent Place sold at $2.2M (3-bed, 739m²); 15 Laser Place sold at $2.125M (5-bed, 806m²) | Property Price Band: $2.0M–$2.2M | Value Drivers: bedroom count rarity, land size relative to local stock, internal condition and layout quality
Detailed Independent Property Report prepared by PropCred Analyst team for 11 St Vincent Place, Ocean Reef WA 6027
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Renowned for its excellent connectivity and vibrant lifestyle, Ocean Reef delivers a premium residential experience that fiercely attracts established professionals and affluent upgraders. Properties here have seen robust, sustained price compounding recently, functioning as a highly resilient market perfectly suited for buyers seeking a forever home or a blue-chip investment. While it offers an elite everyday lifestyle, buyers should watch out for premium entry price points and closely assess the strata limits on older apartment complexes.
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PropCred Estimated Value
Comparable Sales: 2 St Vincent Place sold at $2.2M (3-bed, 739m²); 15 Laser Place sold at $2.125M (5-bed, 806m²) | Property Price Band: $2.0M–$2.2M | Value Drivers: bedroom count rarity, land size relative to local stock, internal condition and layout quality
Bedrooms
7
Bathroom
3
Parking
2
Land
703m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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