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 › Lexcen Cres
4
Bedrooms
2
Bathrooms
2
Car spaces
818 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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 data is being calculated
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.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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 818 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.
Official flood overlay has not been retrieved (pending). 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.
1 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 818 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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Ray White Keevers Group North BeachComfortably nestled on a huge 818sqm (approx.) corner block that sits directly opposite both Ocean Reef Senior High School and leafy green Lexcen Park, this solid 4 bedroom 2 bathroom brick-and-tile family home is as charming as they come and is packed full of pleasant surprises.
A welcoming front lounge room can easily be utilised for formal living and sits separate from the central open-plan dining and kitchen area, next to a commodious family room - where most of your casual time will be spent. The stylish kitchen itself has been recently renovated (only four years ago) to include glass splashbacks, double sinks and quality stainless-steel range-hood, gas-cooktop, Westinghouse oven/grill and Euro dishwasher appliances.
Also at the front of the floor plan sits a large carpeted master-bedroom suite with a walk-in wardrobe, split-system air-conditioning, a ceiling fan and a private fully-tiled ensuite bathroom - shower, vanity, toilet and all. The three spare bedrooms are all serviced by a second toilet, as well as a practical main family bathroom with a shower and separate bathtub. A separate laundry - with storage - can be found off the kitchen and extends outside for drying.
At the rear, a fantastic covered pergola/patio area encourages all seasons' outdoor backyard entertaining, with a connecting shaded under-cover courtyard extending your options and benefitting from a side-access gate to the front of the residence. Generous gated side access for vehicles off the home's second street frontage (via Venturi Drive) reveals entry into a massive "tradies' dream" of a workshop, with two extra storage sheds situated behind it.
This unique property's commanding position is just footsteps away from bus stops, the site of the exciting new Ocean Reef Marina redevelopment and is also close to beautiful beaches, Ocean Reef Primary School, Ocean Reef Medical Centre, St Simon Peter Catholic Primary School, Prendiville Catholic College and even Beaumaris City Shopping Centre. Currambine Central marketplace, world-class golf at Joondalup Resort, public transport, the freeway and so much more are nearby too, adding convenience to a contemporary lifestyle that everybody is destined to fall in love with right away. A functional parkside haven beckons!
Other features include, but are not limited to;
• Paved front yard - for extra driveway parking space, beyond established trees/gardens
• Tiled low-maintenance flooring
• Carpeted front living/lounge room
• Microwave recess
• Double doors to the family room - with direct alfresco access for entertaining
• Ceiling fans and mirrored built-in robes to the minor bedrooms
• Ducted-evaporative air-conditioning
• Gas-bayonet heating
• Skirting boards
• Security doors and screens
• Secure double lock-up carport - with a roller door
Disclaimer: This information is provided for general information and marketing 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 Carlo Coelho, Ray White Keevers Group North Beach — reproduced as published, not verified by Districts.