31 Diamond Drive, Ocean Reef WA 6027

31 Diamond Drive, Ocean Reef WA 6027
4 bed 3 bath 2 car | premium family stock | coastal suburb uplift | marina redevelopment nearby This property sits comfortably above the standard family offering in Ocean Reef. The extra bathroom over the typical 4×2 layout gives it a practical edge for households with older children or frequent guests, and the configuration aligns with what established local buyers in this corridor tend to seek. It is best suited to a family wanting a solid, move-in-ready home with room to grow, rather than a first-time buyer or investor chasing high yield. The suburb’s character is defined by larger detached homes on generous blocks, and this house fits that mould without being exceptional on paper. The value picture may hinge on how the internal finish and land size compare to similar homes that have sold recently in the immediate area. A 4 bed 3 bath layout on a mid-sized block in this pocket could command a noticeable premium if the presentation is strong, but if the condition is dated or the block is smaller than typical, that advantage narrows. The marina redevelopment and coastal proximity may support long-term demand, though those factors are already reflected in current price expectations. Buyers should weigh the actual land dimensions and quality of any renovations against what the asking level implies. || Comparable Sales: 40 Diamond Drive sold at $1.65M; 29 Diamond Drive listed at 4×2 on 812m² | Property Price Band: $1.6M–$1.7M | Value Drivers: land size, bathroom count, presentation quality
Detailed Independent Property Report prepared  by PropCred Analyst team for 31 Diamond Drive, Ocean Reef WA 6027
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk
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

Comparable Sales: 40 Diamond Drive sold at $1.65M; 29 Diamond Drive listed at 4×2 on 812m² | Property Price Band: $1.6M–$1.7M | Value Drivers: land size, bathroom count, presentation quality

Bedrooms

4

Bathroom

2

Parking

2

Land

801m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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