Ocean Reef at a glance
9,002
People
$1,495,000
Median sale
$960/wk
Median rent
3.34%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
WA › Ocean Reef › Diamond Dr
4
Bedrooms
3
Bathrooms
2
Car spaces
809 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,921/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Ocean Reef at a glance
9,002
People
$1,495,000
Median sale
$960/wk
Median rent
3.34%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
JOONDALUP
Zone
Local road
796
Jurisdiction
Joondalup
Joondalup, WA
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 809 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $960/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
2 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 809 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 811 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Ocean Reef at a glance
9,002
People
$1,495,000
Median sale
$960/wk
Median rent
3.34%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Peard Real EstateAt the center of 30-plus years of family history, this home is now ready for a new beginning!
Initially built in 1992 for two spinster sisters, this home has been uniquely designed with separate bedroom wings that come together in the kitchen and main living areas. Complete with 4 bedrooms, 3 bathrooms and built on a generous 809sqm corner block, this home's potential, and options, are yours for the taking.
Ideally positioned for subdivision, with access through the garage from Venturi Drive, and the front door currently from Diamond Drive.
From the front door on Diamond Drive, step into the entryway, to the left and the right are the main bedroom wings. Both bedrooms enjoy their own private lounges, ensuite bathrooms and walk-in robes. The third bedroom is located at the rear of the home - a good-sized queen bedroom with built-in robes and views over the back yard. The family bathroom and large laundry are also located nearby.
The kitchen enjoys plenty of natural light through the windows and a sliding door that opens out to the extensive alfresco area. Just off the kitchen area is a casual meals area, and a formal dining room which also has access to a games room and into the garage.
The extensive alfresco area means you have plenty of room to enjoy the fresh breeze while you potter in the yard or entertain friends and family. Just around the corner is a large, grassed area with side access gates and a workshop/shed, a perfect spot to let the kids run free or a great spot for a swimming pool.
Not only does the property offer a host of options, but the location of this property also provides a fantastic lifestyle with everything within arm's reach.
LIFESTYLE Benefits:
- Ocean Reef Boat Harbour - 4 min (2.3 km)
- Mullaloo Beach North - 2 min (1.2 km)
- Joondalup CBD - 9 min (6.4 km)
FEATURES Include but are not limited to:
- Water bore and reticulated gardens at the front and the back
- Extra wide garage with a shopper's entrance into the games room/ mancave
- Large laundry
- Bedroom 1 with walk in robe, ceiling fan and split system air-conditioning, the ensuite bathroom is complete with shower single vanity and toilet
- Bedroom 2 with walk in robe, ceiling fan and split system air-conditioning, the ensuite bathroom is complete with shower, bath, single vanity and toilet
- Gas fireplace in the main lounge carpet
- Bedroom 3 is a good size with built in robes and overlooks the back yard
- Family bathroom with a bath, shower and a single vanity
- Kitchen with wall oven, gas cook tops, corner pantry, microwave recess, stainless steel rangehood & a large windows
- Casual dining area with a ceiling fan
- Formal dining room
- Games room just off the garage and formal dining area, the perfect “mancave”
- Established manicured garden beds
- Workshop / shed
- Built in 1992
- Land size - 809 sqm
- Council Rates approx $2,041.74 pa
*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.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Pauline Lyon, Peard Real Estate — reproduced as published, not verified by Districts.