1003 / 44 Mill Point Road, South Perth WA 6151
Luxury 3 bed apartment
very landmark begins with a vision. Inspired by the natural rhythm of the coast, Ocean Grand is the first landmark development in the iconic suburb of City Beach. From stunning sunrises over the treetops to golden-hour light across the ocean, every outlook is a breathtaking canvas of green and blue.
Here, a curated collection of two, three and four bedroom residences and exclusive penthouses will be available, each designed to elevate everyday living. Floor-to-ceiling windows draw the outdoors in, shaping interiors that feel open, inviting and effortlessly luxurious.
While there’s much to enjoy in the surrounding neighbourhood, the true allure of life at Ocean Grand lies in its carefully curated collection of amenities. On the ground floor, stroll through open green spaces, enjoy boutique cafés and restaurants, or pick up daily essentials from the boutique supermarket. Beyond this, residents have exclusive access to private resort-style amenities - an outdoor pool with cabanas, extensive wellness facilities, a fully equipped gym and pilates studio, and three dedicated private dining spaces, all designed to be a natural extension from home.
Apartment
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About South Perth Property Management
​South Perth, located just 4 kilometres south of Perth’s CBD, is a highly sought-after suburb known for its picturesque views of the Swan River, lush green spaces, and proximity to the city centre.​
Property Market Overview:
Median Sale Prices: Over the past year, the median sale price for houses in South Perth has been approximately $1,825,000, while units have a median sale price of around $649,000.
Rental Market: Houses in South Perth command a median weekly rent of $922, yielding an annual rental return of 2.9%. Units rent for a median of $620 per week, offering a rental yield of 5.6%.
Market Dynamics:
Growth Trends: South Perth has experienced an annual compound growth rate of -1.6% for houses and 15.4% for units, indicating a stronger appreciation in unit values compared to houses.
Investment Considerations:
South Perth’s blend of residential appeal and commercial activity positions it as a promising investment destination. The suburb’s proximity to the CBD, esteemed schools, and recreational facilities further enhance its attractiveness to families and professionals alike.​
Market Outlook:
Perth’s property market is projected to experience growth of up to 10% in 2025, driven by factors such as strong rental yields, low vacancy rates, and limited housing supply. However, it’s important to note that some areas, including certain parts of Perth, have been identified as higher-risk investment zones due to factors like high household mortgages and reliance on single industries.
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