9 Velsheda Green, Ocean Reef WA 6027
9 Velsheda Green, Ocean Reef WA 6027
large coastal block | five-bedroom two-storey layout | sweeping ocean views | inground pool and workshop | family-oriented coastal pocket
This property combines a substantial 820 square metre block with a five-bedroom, three-bathroom configuration and two-storey form, which is competitively rare for a coastal family home in this pocket. The crisp white façade, timber floors, and stone benchtops suggest a renovated interior that aligns with modern buyer expectations, while the inground pool, workshop, and study add functional depth that suits upsizers or higher-income families seeking lifestyle amenity. Its position within catchment for Beaumaris Primary and Ocean Reef Senior High reinforces family appeal, and the short stroll to beach and proximity to Ocean Reef Marina anchor it as a coastal prestige offering rather than standard suburban stock.
The reported potential rental income of about $2,000 per week implies a gross yield near 4.8 percent against a suggested value of $2.178 million, which may indicate strong income potential relative to purchase price if those figures hold. The limited rental stock in Ocean Reef might support ongoing demand, but buyers should weigh whether the property’s ocean views and large land size command a premium that narrows future capital growth margins. The 1990 build age means maintenance obligations on the pool and two-storey structure may affect holding costs, though no adverse overlays were identified.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Velsheda Green, Ocean Reef WA 6027
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
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
2
Land
820m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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