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 › Courageous Pl
$1,200,000
Last sold
16 May 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
460 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
$1,200,000
16 May 2022 · derived via latest_sale
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,919/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
-19.7%
Median sale
Suburb $1,495,000
+0.82 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
Residential
1
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 460 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 460 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?
KnownmediumNo 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 EstateOPEN BY APPOINTMENT
Perched in a prestigious position within moments to the Ocean Reef Marina and surrounded by quality homes is this quintessential property with a lovely ocean vista.
The property is comprised of functional split-level living and the well throughout design has every area seamlessly flowing into the next.
Step through the front door into the light filled family and kitchen area with large windows allowing natural light to flow through and a beautiful pitched ceiling creates a sense of space.
The kitchen sets a high standard with stone benchtops, induction cooktop, dishwasher, pendant lighting, Butlers pantry with a double fridge recess and a large servers window that opens out onto the alfresco area, making entertaining a breeze.
Large stacker doors open out to the undercover alfresco area with a kitchenette and gas bayonet point. The back yard and alfresco is well positioned to protect you all year round from the elements.
Relax and come together in the open plan family zones that are complemented by a large, balcony with ocean views to enjoy every day.
The bedrooms are all a fantastic size, the main bedroom is located at the back of the property for maximum privacy and relaxation. The main bedroom is complete with a ceiling fan, large walk in robe and a modern bathroom with stone vanity top and large walk in shower with floor to ceiling tiles. The additional 3 bedrooms are mirror images of each other with built in robes, ceiling fans and quality plush carpets. The large family bathroom offers floor to ceiling tiles, large walk in shower, free-standing bath and double vanity top with generous storage space.
If you work from home or have teenage kids who need a space to enjoy. Take the stairs down to the lower level and this home offers a huge amount of options and flexibility to accommodate for it all. With a large theatre / home office / kids entertainment area or even a home gym with carpet and ducted air-conditioning. A separate storage room which is also carpeted and has ducted air-conditioning. All these additional spaces are accompanied by a separate powder room.
The large double garage includes a storage room and workshop "nook".
The options really are endless at this property, packed with features, quality fixtures and fittings throughout, this home won't last long.
ADDITIONAL features include, but are not limited to:
- LED downlights throughout
- Reverse cycle ducted aircon throughout
- Ducted vacuum system
- Reticulated Gardens
- Timber floors throughout the living areas, and quality plush carpets to all bedrooms
- Extra height and extra wide garage with a powder room
- Built 2018
- 460sqm block
Photos taken prior to house being leased, property now unfurnished and lawn and gardens waiting for some TLC
Listing description written by Pauline Lyon, Peard Real Estate — reproduced as published, not verified by Districts.