5 Bacchante Circle Ocean Reef WA 6027

| 298sqm on 802sqm | 6m ceiling height | 41m elevation | 85% owner-occupied street | Beaumaris Primary catchment | This house commands a rare configuration edge: 37% site coverage on a full 802sqm lot delivers a 298sqm footprint with 6m roof height, giving a buyer volumetric advantage over standard single-storey stock. The 41m ground elevation and absence of flood, bushfire, or heritage overlays mean lower insurance and renovation friction. It suits a family prioritising Beaumaris Primary and Ocean Reef Senior High intake areas, or a buyer seeking a long-hold property in a street where 85% of neighbours are owners, not renters — that demographic signals low turnover and stable demand. The primary risk is the 2021 purchase price of $780,000 versus current estimates around $1.72m, implying significant recent appreciation that may compress future capital growth in the near term. The 5G and Hybrid Fibre Coaxial NBN are adequate but not premium infrastructure. Opportunity lies in the 298sqm building envelope — a buyer could reconfigure internal space for a home office or dual-living layout without extending, leveraging the existing footprint. Hold this property for a minimum seven-year cycle to absorb the purchase premium and benefit from the street’s owner-occupier stability.