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 › Block Pl
$2,100,000
Last sold
19 Dec 2024
5
Bedrooms
3
Bathrooms
3
Car spaces
890 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
$2,100,000
19 Dec 2024 · 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
+40.5%
Median sale
Suburb $1,495,000
-0.96 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 890 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 890 m² — that is not official geometry.
Nearby development pipeline
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 The Agency PerthEscape into coastal bliss at 10 Block Place, a spectacular family haven nestled in a quiet cul-de-sac directly across from the vibrant Ocean Reef Marina. Set on an extensive 890m² block, this luxurious beachside residence is a masterclass in combining style, space, and functionality—ideal for both relaxation and entertainment. Boasting panoramic ocean views, from both levels, five large bedrooms, three bathrooms, a triple garage, a spacious workshop, and a stunning alfresco entertaining area, this property truly offers the best of deluxe living.
Step Inside to Luxury
The elegant, fully-tiled terraced veranda welcomes you into the foyer, where abundant storage space meets quality living. The enormous open-plan family and dining area, adorned with quality travertine flooring, offers breathtaking sea views through large front windows. The galley-style kitchen is a chef's dream, featuring a stone waterfall benchtop with breakfast bar, a freestanding oven with a 5-burner gas cooktop, soft-close cabinetry, and top-tier Miele integrated dishwasher. The shopper's entry provides access to the highly sought after triple garage. Entertain effortlessly with seamless access to the alfresco space via two sets of double glass doors.
The ground floor also hosts a generous guest bedroom (or potential downstairs master suite) with its own ensuite, making it perfect for multigenerational living. Three additional spacious bedrooms with built-in robes are serviced by a stylish family bathroom and a separate powder room.
Upstairs: A Tranquil Escape
The upstairs retreat offers floor-to-ceiling windows capturing the full splendor of the ocean. Step out onto the balcony for stunning sunset views over the water. The master suite is a sanctuary, featuring an extensive walk-in robe, a huge ensuite bathroom with walk in shower, and magical ocean views that will leave you in awe. Polished Tasmanian oak floorboards throughout the top level add warmth and elegance to the space.
Outdoor Entertaining at its Finest
The alfresco area is nothing short of spectacular, with a cedar-lined ceiling, downlights, and bi-fold shutters to ensure all-weather enjoyment. The decked surrounds and tropical garden beds create an inviting atmosphere, while the heated lagoon-style pool is a showstopper, complete with Freostone Storm Stone capping and frameless glass fencing. The large artificial turf area offers low-maintenance play space, and a discrete paved section is perfect for additional activities like a trampoline or garden pots. A 6x3m workshop and a highly sought-after triple garage round out the outdoor appeal.
Updated for Modern Living
The home has been meticulously maintained and thoughtfully updated, featuring new solar panels (6kw), five reverse cycle split system air conditioners, a bore and upgraded irrigation system, complete home water filtration with reverse osmosis in the kitchen, and a heat pump for the pool. The home has also been freshly painted inside and out in 2023.
A rare find in the current market, this impeccable property offers an unmatched blend of luxury, comfort, and family-friendly design. Don't miss your chance to secure this breathtaking beachside home.
For more information talk to Jon Wood.
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 Jon Wood, The Agency Perth — reproduced as published, not verified by Districts.
Nearby 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.