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 › Alba Rise
$1,420,000
Last sold
3 Dec 2025
5
Bedrooms
2
Bathrooms
2
Car spaces
705 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
$1,420,000
3 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,919/m² of land (n=102). 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.
Vs Ocean Reef
-5.0%
Median sale
Suburb $1,495,000
+0.18 pp
Gross yield
Suburb 3.34%
Suburb median $1,495,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 705 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 705 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 Platinum Realty GroupPerched up proudly at the top for a quiet cul-de-sac sits this family coastal gem, waiting for you to call it home! Boasting over 280m2 of living space with a very spacious layout, high ceilings and plenty of natural light throughout. The home features four different living areas including 2 lounge rooms, kids activity room and a huge upstairs space which includes its very own bar! There are 4 great sized bedrooms, 2 additional rooms which can be used as a home office and/or nursey plus a fantastic outdoor entertaining area! This home has everything for the whole family is an absolute must see!
Features include:
- Plenty of parking with double remote garage and side access to fit a boat/Trailor. The garage also includes a handy storage room with power and a shopper's entrance
- Welcoming front entrance with soaring high ceilings allowing in plenty of natural light
- Front step-down lounge room with a stunning floor to ceiling feature window
- Home office or 5th bedroom privately located at the front of the home.
- Huge formal dining room. Perfect for those family dinners!
- In the centre of the home, you'll find the main living space which includes a wood fire place. Fantastic for those cozy winter nights
- The spacious kitchen overlooks the main living area and outdoors. It offers plenty of bench and cupboard space, electric cooktop and dishwasher
- The master bedroom is a great size and features and walk in robe as well as a very spacious ensuite!
- Coming off the master bedroom is a second home office/study space. This area could make the ideal nursery or a great space for a home business as there is a second entrance from the front of the house.
- In a separate wing of the home, you will find the 3 minor bedrooms which are all great sizes and include robes. In between the bedrooms there is a huge activity room for the kids plus the main bathroom and separate w/c.
- Large laundry with heaps of storage space and direct access to the outdoors
- Up stairs you will find the huge loft/parents' retreat. This space features a built-in bar and would make the ideal man cave! There is also access to the balcony which is very private to enjoy the morning coffee
- Outdoors featuring a great outdoor entertaining space surrounded by well established gardens. There is a second pitched patio which provides a great spot to set up the summer BBQ.
- Extras include: Reticulation, Gas bayonets & tonnes of storage including large linen cupboard, understairs storage, Huge attic space and garden shed.
Located in a fantastic position within close proximity to multiple parks, Beaumaris shops, schools, the beach, Joondalup and Whitford's shopping centres & soon to be built Sunset Plaza plus the world class Ocean Reef Marina!
Listing description written by Jake Kemsley, Platinum Realty Group — reproduced as published, not verified by Districts.