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 › Wesbank Vista
$1,240,000
Last sold
20 Apr 2022
5
Bedrooms
2
Bathrooms
2
Car spaces
899 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$1,240,000
20 Apr 2022 · 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
-17.1%
Median sale
Suburb $1,495,000
+0.69 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 scheme
JOONDALUP
Zone
Local road
796
Jurisdiction
Joondalup
Joondalup, WA
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.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 899 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.
Flood overlay has not been queried for this lot. 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.
2 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 899 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?
KnownmediumOfficial parcel about 902 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 Peard Real EstateThis spectacular family home is well positioned in the beautiful suburb of Ocean Reef and nestled at the end of a tranquil cul-de-sac. The well thought out design of 11 Westbank Vista means this home enjoys a private facade and offers a fantastic family floor plan with 5 bedrooms, 2 bathrooms, and a living area for the whole family to enjoy for many years to come.
Behind the front door, you are welcomed into the foyer with its soaring ceilings and sweeping bamboo floors that flow throughout the living areas. The staircase conceals a storage room and to the right is a home office that is quietly tucked away from the rest of the home. A shoppers entry leads from the garage which offers and a single roller door that provides access to the back yard.
The main living zone is the heart of the home with an open-plan lounge and dining area, and a free-standing wood fireplace, perfect for those cold winters nights. Featuring sparkling Granite stone benchtops, the well-equipped kitchen enjoys views over the lush backyard through large windows, and if you enjoy spending time preparing meals, the cooking appliances include an impressive double oven with a grill, slow cooker/plate warmer, and, 7 burner gas hobs. Storage is no concern in this kitchen with wrap-around cabinetry, a corner pantry, double fridge recess, and a complementary dishwasher.
Leading off the kitchen, and completely separate from the rest of the home, is a formal lounge and dining area, complete with an integrated gas fireplace, this room provides the perfect hideaway for a quiet family night in.
With 5 bedrooms, the spacious main bedroom features a walk-in robe, TV point, and neutral décor and is complemented by an open ensuite bathroom with modern fixtures & fittings including a shower, vanity with a raised vessel sink, storage, and a toilet. Bedrooms 2, 3 & 4 are located downstairs and offer built-in robes, the 5th bedroom is upstairs with a freestanding robe and ocean views, this room could also double as an activity area or another home office - The options are all yours. Accommodating the downstairs bedrooms is a modern family bathroom with a shower, bath, and single vanity with storage.
When it comes to entertaining, it doesn't really get much better than this! Completing this amazing home is the alfresco area. The patio is well protected from the year-round elements meaning you have the ultimate place for outdoor dining no matter the weather, the current owners have enjoyed this area and there is no doubt you will too. Picture perfect gardens frame the alfresco and pool area.
All this, as well as being within walking distance from shops, parks, schools, and our beautiful coastline …
LOCATION BENEFITS:
- Surrounded by quality homes and perched at the end of a cul de sac with views over the park and ocean views at the end of the street
- Ocean Reef Boat Harbour - approx. 2.7km
- Mullaloo Beach - approx. 5km
- Lakeside Joondalup Shopping Centre - approx. 5.4km
ADDITIONAL FEATURES Include, but are not limited to:
- Main bedroom downstairs large with a walk in robe TV point, modern ensuite bathroom with vessel sink, toilet and large walk in shower
- Bedroom 2 & 3 with ceiling fans and double built in robes
- Bedroom 4 with triple built in robes
- Family toilet at the end of the passage and a modern family bathroom with shower single vanity and vessel sink and bath and heater lamp
- Laundry with an extended worktop bench, overhead cupboards and a double linen cupboard
- Reticulation in gardens at the front and the back
- LED lights in the pool with colour changing settings
- 8 LED Halogen spotlights in the gardens spot light
- Bali hut LED strip lighting
- Double lock up garage with a storage room and a single roller door for access to the back yard
- Large alfresco area with a timber cedar-lined roof, built-in outdoor kitchen and pizza oven and a TV point
- Synthetic lawn around the pool area
- Fibreglass 55000 litre, salt chlorinated pool and cleaning equipment
- Gardens shed and lawned area around the side of the home
- Block size: 899sqm
- Council Rates approx $2,270.47 per annum
Listing description written by Pauline Lyon, Peard Real Estate — reproduced as published, not verified by Districts.
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