Browse property in Pegasus Rise

Pegasus Rise sits along the coastal fringe of Ocean Reef, where the newly‑extended foreshore road links Hodges Drive to Shenton Ave and continues as the “Sunset Coast” drive into Iluka. The streets are framed by a broad protected dune strip that separates the modern homes from the Indian Ocean, while a continuous dune walkway and cycle path runs the length of the suburb, giving easy access to the small beaches, picnic spots and the public launch ramp at Ocean Reef Boat Harbour.

Residents enjoy two neighbourhood shopping centres, Beaumaris in the north and Ocean Reef in the south, plus nearby schools such as Ocean Reef Senior High (0.2 km), St Simon Peter Catholic Primary (0.7 km) and Ocean Reef Primary (0.8 km). Green spaces like Lexcen Park (0.3 km) and Carina Park (0.5 km) provide recreation, while the developing Ocean Reef Marina adds future waterfront dining and leisure options.