23 Tornado Road, Ocean Reef WA 6027

Large 818sqm block | School catchment edge | Strong owner-occupier street | Fast-moving market This property sits on an 818sqm block in a street where 85% of residents are owner-occupiers, a signal of stable neighbourhood demand that typically supports resale values. Its position within both Ocean Reef Primary and Senior High School catchments, combined with a 13-day average selling time for four-bedroom houses in the area, indicates strong buyer competition for family homes of this configuration. The long-term resident profile suggests limited turnover, meaning well-maintained properties here attract motivated buyers seeking established streets. The primary risk is the absence of a verified price guide against a median of $1.45m, particularly given nearby properties on similar-sized blocks show estimated values above $1.7m. The 2013 last sale date means the property may require updating, and the 60/40 resident profile metric hints at some demographic transition worth investigating. The opportunity lies in the 24-property street with only one recent sale, suggesting pent-up demand from neighbours or local families who know the area well.