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 › Naval Pde
$1,275,000
Last sold
4 Nov 2025
4
Bedrooms
2
Bathrooms
3
Car spaces
783 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
$1,275,000
4 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,923/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
-14.7%
Median sale
Suburb $1,495,000
+0.58 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 783 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 783 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 Noble AvenueThis property is being offered as-is, providing buyers with the opportunity to view, assess, and imagine the possibilities for restoration. Please note, the home requires extensive work to bring it back to its full potential – but for the right buyer, the reward will be well worth the effort. A copy of the building report will be available at the home open.
THE HOME
Set in a sought-after pocket of Ocean Reef, this generously proportioned residence offers a rare opportunity to secure a home brimming with character and space – just waiting for the right buyer to restore it to its former potential.
Positioned on a large 783sqm block with wide frontage and secure side access, this property blends classic design features with a layout made for modern family life. The proportions are generous, and the potential is undeniable.
Inside, you'll find a light-filled open plan living zone with soaring vaulted ceilings, oversized glass doors, and a seamless flow to the poolside alfresco – perfect for relaxed summer entertaining. The central kitchen overlooks the dining and family area, with glimpses of the pool just beyond. While renovation is needed, the layout is functional and allows for easy transformation.
At the front of the home, the master suite offers privacy and comfort with its own ensuite and walk-in robe. A private study and dedicated theatre room are also tucked away at the front – ideal for working from home or enjoying family movie nights.
To the rear, three minor bedrooms are serviced by a second bathroom. located off the main living is space is a separate activity room, offering direct access to the backyard – the perfect breakout space for kids or teens.
Outdoors, enjoy the swimming pool and alfresco area, ready to be reimagined into a private retreat. The triple garage, complete with workshop zone, is a dream for hobbyists or trades.
**This property is being offered as-is, providing buyers with the opportunity to view, assess, and imagine the possibilities for restoration. Please note, the home requires extensive work to bring it back to its full potential – but for the right buyer, the reward will be well worth the effort. A copy of the building report will be available at the home open.**
THE COMMUNITY
Ocean Reef offers residents an unparalleled coastal lifestyle and an exciting future ahead with the highly anticipated Ocean Reef Marina currently being constructed. This home is conveniently located with easy access to stunning coastline, transport links, shopping centres, cafes and local schools including Beaumaris Primary School and Ocean Reef Senior High School, the location could not be more ideal for the astute buyer!
THE SPECIFICS
Council Rates: TBC
Water Rates: $1,650.70 per annum
Land Area: 783m2
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 Jay Dass, Noble Avenue — reproduced as published, not verified by Districts.