5 Bankfield Retreat, Ocean Reef, WA 6027 | Property Value & History | OnTheHouse
OFF MARKET

5 Bankfield Retreat
Ocean Reef WA 6027

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 205m2
Land area: 758m2
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Property Details for 5 Bankfield Rtt, Ocean Reef

5 Bankfield Rtt, Ocean Reef is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1994. The property has a land size of 758m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1994
Floor Size
205m2
Land Size
758m2
Local Government
Joondalup
Lot/Plan
1209/P018858

Last Listing description (October 2022)

Supremely located opposite the picturesque Beaumaris Park on an elevated corner block. This private and peaceful family sanctuary comes complete with air conditioning throughout, a flexible family floor plan, 4 bedrooms and 2 bathrooms, a secure double garage plus a side access gate, perfect for parking a boat or caravan.Boasting a unique & friendly layout, this property offers style, space, & serenity in abundance and must be seen to be appreciated.As you enter the home you will appreciate the fresh neutral tones and a breezy ambience throughout. The front formal lounge is conveniently tucked away from the main living area giving you a quiet place to enjoy your favourite shows and movies in peace, located just opposite is a home office/activity area, you decide and make the space work for you! The same goes for the main bedroom located at the front of the home in a private wing of the home with a walk-in robe and a spacious ensuite bathroom.The main living area is separated from the front living areas with a door creating a distinction between the areas. The heartbeat of this home is the kitchen, well equipped with a central island bench and a breakfast bench for casual meals, gas cooktops, an electric oven and a dishwasher, storage is not short, with a corner pantry and an abundance of built-in cabinetry. The open plan lounge and dining areas are nestled around the large kitchen with sliding doors that take you out to the backyard and entertainment area.The additional three bedrooms are all great sizes, all are complete with quality carpets and built-in robes. The family bathroom features a bath, glass shower and single vanity. Located nearby are the laundry and family toilet, with sliding doors to the washing line and 2 linen cupboards for ample storage. When it comes to outdoor entertaining, thanks to the large wrap-around patio you are completely protected from the elements all year round meaning you have the ultimate place for outdoor dining no matter the weather. Surrounded by established flower beds and large trees, finished with paving for low maintenance care. LIFESTYLE Benefits: - Directly opposite the Beaumaris Nature Park - 600 m - Beaumaris Primary School- 2 min (1.3 km) - Ocean Reef Foreshore - 3 mins (1.6km) - Currambine Central Shopping Mall including Woolworths & Grand Cinemas- 3 min (1.6 km) - Prendiville Catholic College - 4 min (850 m) - IGA Beaumaris - 6 min (3.1 km) - Ocean Reef Boat Harbour FEATURES Include, but are not limited to: - Main bedroom with walk-in robe, ensuite bathroom with extended single vanity, toilet and shower - Front lounge with carpet- Tiled home office/activity room - Kitchen large with centre island corner pantry, wall mounted Omega oven, gas cooktop of the same brand, Euromaid dishwasher, double sinks, breakfast benchtop- Open plan lounge and dining area - Bedrooms 2,3 & 4 all with carpet and built-in robes- Laundry with x2 linen cupboards and a separate toilet- Ducted air conditioning throughout - Large wrap-around alfresco with established landscaping, outdoor shower, paving and flowerbeds with no lawn- Side access gate for parking a boat caravan or extra cars - Gas hot water system - Expected rental return of $700-$725 per week* PLEASE NOTE while every effort has been made to ensure the given information is correct at the time of listing, this information is provided for reference only and is subject to change.

Property History for 5 Bankfield Rtt, Ocean Reef, WA 6027

A timeline of how this property has performed in the market
Last Sold
$820,000
23 Aug 2022
Listed for Rent
$510/w
14 Aug 2021
  • 23 Aug 2022
    Sold for $820,000
  • 18 Aug 2022
    Listed for Sale Under Offer
  • 02 Aug 2021
    Listed for Rent $510 / week
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About Ocean Reef 6027

The size of Ocean Reef is approximately 5.4 square kilometres. It has 11 parks covering nearly 28.0% of total area. The population of Ocean Reef in 2016 was 7840 people. By 2021 the population was 8125 showing a population growth of 3.6% in the area during that time. The predominant age group in Ocean Reef is 50-59 years. Households in Ocean Reef are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ocean Reef work in a professional occupation.In 2021, 86.20% of the homes in Ocean Reef were owner-occupied compared with 84.90% in 2016.

Ocean Reef has 3,263 properties. Over the last 5 years, Houses in Ocean Reef have seen a 90.95% increase in median value, while Units have seen a 100.06% increase. As at 31 October 2025:

  • The median value for Houses in Ocean Reef is $1,398,494 while the median value for Units is $655,883.
  • Houses have a median rent of $980 while Units have a median rent of $800.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Ocean reef on OnTheHouse. According to Cotality's data, 122 properties were sold in the past 12 months in Ocean reef.

Suburb Insights for Ocean Reef 6027

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.