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 › Herreshoff Ramble
$1,350,000
Last sold
8 Apr 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
844 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
$1,350,000
8 Apr 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
-9.7%
Median sale
Suburb $1,495,000
+0.36 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 844 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 844 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 Platinum Realty GroupSet on a massive 844m2 block in a quiet street sits this beautiful home with plenty to offer for a large family. Featuring a great layout with 4 great size bedrooms and 2 renovated bathrooms, newly renovated kitchen, 3 separate living areas, Huge outdoor entertaining space, beautiful below ground pool, powered storage tool area, powered workshop/mancave & room to park the boat/trailer!
Features include:
- Welcoming front entrance with separate step-down lounge room. This area includes a very handy study nook
- Huge master bedroom with plenty of storage space as well as a very private and beautifully renovated ensuite
- Open plan living/dining and kitchen area is the central hub of the home. This space conveniently links out with the outdoors and has a great view of the pool. There is also a woodfire fireplace combined with central heating, split system aircon for all year-round comfort & ducted evaporative system for the whole house.
- The kitchen has been tastefully renovated and includes stone benchtops, plenty of cupboard space, breakfast bar and modern appliances
- In a separate wing of the home, you will find the 3 great size bedrooms which all have freshly painted, have new flooring and include built in robes,
- Servicing the bedrooms is the beautifully renovated main bathroom, featuring floor to ceiling tiling, massive shower, and a vanity with plenty of storage
- The laundry is very spacious and includes plenty of bench and storage space plus a separate linen cupboard and separate w/c
- Massive outdoor entertaining space! Granite bench tops, additional pitched patio area with built in BBQ, exhaust fan and fireplace. Providing the perfect spot for the summer BBQ and the afternoon beer
- Absolutely Stunning below ground swimming pool is heated and surround by liquid limestone for low maintenance. Take a seat in the cabana and you will think you're on holiday!
- Huge, powered workshop for the home tradie. This could also be used for the ultimate mancave
- Double remote garage with shoppers' entrance and drive through access. Alongside the garage is also a huge storage area. Great for putting the toys/tools away
- Data (Cat6a) has been reticulated throughout the house, centrally located within a data rack, and the NBN connection.
- Extras include solar panels to save $$$, LED downlights, Alarm system, CCTV, Wood fireplace that has vents going throughout the home to keep the whole house warm!
Situated in a fantastic location within a very short walk to bus links, pubs, restaurants, multiple parks, Ocean Reef high school. A very short drive will get you to Major shopping centres, the beach and the soon to be built Ocean Reef Marina!
Listing description written by Jake Kemsley, Platinum Realty Group — 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.