26 Santiago Parkway, Ocean Reef WA 6027
26 Santiago Parkway, Ocean Reef WA 6027
Large 792 m² corner block | dual-living wing with kitchenette | park-facing position | 5 bedrooms, 3 bathrooms | 16 kW zoned air conditioning
This property is competitively strong because it combines a substantial corner block with a rare dual-living configuration, making it one of the more flexible family homes in Ocean Reef. The separate rear living wing, complete with its own kitchenette and external entry, allows for multi-generational living, a teenage retreat, or potential income-generating accommodation without compromising the main house. The park-facing position opposite Santiago Park provides a permanent open outlook and a sense of space not found on standard frontages. With five bedrooms, three bathrooms, a powered home office or studio, and six parking spaces, this house serves best those who need room to spread out—large families, those with extended family, or buyers who work from home and want dedicated, separate spaces.
Factors that may materially affect value include the home’s 1993 build year, which may mean older structural elements like roofing, plumbing, or windows could require attention sooner than a newer property, though the renovated kitchen and modern 16 kW Daikin air conditioning with zoned control offset some of that risk. The corner block, while offering light and access, may also carry higher street exposure and potential noise from two frontages, which could be a consideration for buyers seeking maximum privacy. The dual-living wing’s separate entry and kitchenette might increase appeal to investors or those considering a granny flat arrangement, but local council regulations on secondary dwellings should be verified before assuming rental potential. These factors should be weighed carefully when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Santiago Parkway, Ocean Reef WA 6027
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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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
Bedrooms
5
Bathroom
3
Parking
6
Land
792m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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