VelocityUP Logo
VelocityUP

Data-backed property wealth, simplified. We help you move from unsupported assumptions to professional certainty.

Platform

  • Retirement Planner
  • Market Analyzer
  • Portfolio Tracker
  • Purchase Workflows

Market Analysis

  • New South Wales
  • Victoria
  • Queensland
  • Western Australia
  • South Australia
  • Tasmania
  • Northern Territory
  • Australian Capital Territory

© 2026 Virtuous Labs Pty Ltd. All rights reserved.

Privacy PolicyTerms of ServiceFinancial Disclaimer
  1. Home
  2. WA
  3. Joondalup
  4. Ocean Reef

Ocean Reef 6027

Market analysis for investment properties in Ocean Reef

Median Price

$1,380,000

Trend:Accelerating
+8.9%
Median Rent

$950/pw

Trend:Accelerating
+5.6%
Rental Yield

3.58%

Trend:Decelerating
-3.0%
Median DoM

26 Days

Trend:Decelerating
-11.9%
Market Analysis

Why investors are watching Ocean Reef right now.

In Ocean Reef, residents have easy access to multiple shopping options, including Ocean Keys Shopping Centre and Lakeside Joondalup Shopping City, offering a diverse range of stores and services.

The suburb is well-served in terms of education with several primary schools like Ocean Reef Primary School and Beaumaris Primary School, as well as two nearby high schools, namely Ocean Reef Senior High School and Belridge Secondary College, providing quality education options.

For transport, residents can conveniently access the Joondalup Train Station, which links directly to the Perth CBD, providing easy and efficient commuting options via train. Additionally, the area is well-connected by bus services, offering convenient alternatives for getting to the city and surrounding areas.

Surrounded by the natural beauty of the coastline and nearby green spaces such as Ocean Reef Park and Beaumaris Beach, residents of Ocean Reef can enjoy a serene environment with ample opportunities for outdoor activities and relaxation amidst greenery and coastal scenery.

Loading Map...
Capital Growth

Historical Performance

Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.

Market Vitals

Market Dynamics

Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.

Unlock Market Vitals

See live suburb and LGA market signals.

The Ripple Effect

Explore Nearby Opportunities

Investors analyzing Ocean Reef often compare these adjacent markets for better entry points or higher yields.

View LGA Dashboard

Connolly

29km from center

Median Price

$1.30m

+30.3%

Rental Yield

3.3%

Gross annual

Beldon

25km from center

Median Price

$936k

+14.6%

Rental Yield

4.2%

Gross annual

Kallaroo

24km from center

Median Price

$1.38m

+12.7%

Rental Yield

3.2%

Gross annual

Strategy by LighthousePA

Where will Ocean Reef be in 2026?

Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Ocean Reef, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

  • Wealth Planning
  • Ownership Structuring
  • Buyers Advocacy
  • Property Negotiation
Consult LighthousePA
LighthousePA (Property Advisors) - Expert buyers advocates and investment strategists in Ocean Reef
LighthousePA Support

Expert Advice

LighthousePA

Investment Insights & FAQ

Frequently asked questions about the Ocean Reef property market in 2026.

As of March 2026, the Ocean Reef property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 8.92%. These figures reflect the evolving demand within Joondalup, offering potential for capital appreciation.

Based on the latest market snapshot, median property prices in Ocean Reef range from $1,380,000 for houses. These values are calculated based on recent transaction data and current buyer activity across the Joondalup region.

For investors targeting cash flow, houses rent for $950 /pw with a 3.58% yield. This rental performance is a key indicator of strong tenant demand within the Ocean Reef area.

Market Insights Last Updated: March 2026