54 Venturi Drive, Ocean Reef WA 6027

54 Venturi Drive, Ocean Reef WA 6027
Large block family home | Coastal suburb with marina growth | School catchment appeal | Likely 1990s build on generous land This property sits on a notably large residential block in a coastal pocket that remains highly sought after by families and long-term owner-occupiers. The land size alone sets it apart from much of the newer infill stock in Ocean Reef, offering space for outdoor living, future extension, or simply room to spread out. The street benefits from proximity to the Ocean Reef Marina precinct, beaches, and local parks, while being within the intake area for both Ocean Reef Primary and Senior High Schools. For a buyer seeking an established family home on a substantial lot with strong lifestyle and schooling credentials, this property represents a rare combination of size and location in a suburb where large blocks are becoming harder to find. The value of this property may be influenced by the age and condition of the existing dwelling, as comparable homes in the street show a mix of original finishes and recent renovations. If the house has not been updated, the purchase price should reflect the cost and effort of modernisation, though the land itself holds enduring value. The strong buyer interest seen on similar nearby listings suggests demand is healthy, but without a settled sale on the immediate street, price expectations should be formed carefully around the block size, orientation, and the level of work the house requires rather than aspirational comparables. The potential to add a pool or extend the footprint may also factor into how different buyers value the property.
Detailed Independent Property Report prepared  by PropCred Analyst team for 54 Venturi Drive, Ocean Reef WA 6027
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk ! 1
Income Risk
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

Bedrooms

4

Bathroom

2

Parking

2

Land

778m²

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