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 › Piver Corner
$1,520,000
Last sold
27 May 2025
5
Bedrooms
3
Bathrooms
2
Car spaces
839 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
$1,520,000
27 May 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
+1.7%
Median sale
Suburb $1,495,000
-0.06 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 839 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 839 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 GroupIncredible value for this sprawling 2 storey, 5-bedroom, 3-bathroom family home set on a generous 839m block in quiet cul-de-sac, just minutes from the beach and the brand-new Ocean Reef Marina!
Perfect for a Growing Family! This home is packed with extras and designed for comfort, offering multiple living areas, spacious bedrooms, and a fantastic outdoor space with pool and party area. Heaps of parking out the front and spot for the boat or caravan.
Prime Location! Walking distance to beach, schools, shops, transport, and enjoying everything this sought-after coastal suburb has to offer.
Features included but not limited to:
Large formal entrance hall.
Separate formal lounge with wooden floors, feature bay window and split system reverse cycle air-conditioning.
Separate study.
Downstairs master bedroom with private ensuite bathroom, huge walk-in robe, wooden floors and feature bay window.
Central chef's kitchen with 6 burner gas cook tops, separate electric oven and separate grill, dishwasher, pull out extractor fan, breakfast bar, heaps of cupboards and walk in pantry.
Massive open plan living with family area, casual dining and a games room with feature gas log heater.
Separate wing leads to 3 generous bedrooms all with double built in robes and ceiling fans.
Bathroom with separate bath and separate shower and basin.
Separate toilet.
Tiled laundry.
Double door linen press in hallway.
Upstairs lounge/parents retreat with plumbing.
Balcony enjoying some ocean views.
Luxury master bedroom with his and hers walk in robes and private fully tiled private ensuite bathroom.
Outside a huge 8×7m A frame undercover patio area.
Fully fenced 8×4m fibre glass below ground pool with pool blanket.
Beautiful easy-care backyard with separate lawn area great for kids and pets.
Automatic reticulation in gardens.
2nd entertaining area Atrium style off family room.
Solar hot water system.
Special water filtration system spread throughout the home to all taps.
Air conditioning throughout.
Double garage, auto doors and with handy loft storage above.
2nd driveway perfect for boat or caravan.
Heaps of parking out front for family and visitors.
Large 839m block
For more information about this property and to organise a viewing call Oscar today on 0417 984 935
Listing description written by Oscar Savage, 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.