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 › Southern Cross Circle
$1,250,000
Last sold
9 Sept 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
377 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
$1,250,000
9 Sept 2024 · 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
-16.4%
Median sale
Suburb $1,495,000
+0.65 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 377 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 377 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 Harcourts Alliance Joondalup*** Home Open Cancelled due to being Under Offer. Apologies for any inconvenience caused ***
Quietly nestled in a serene coastal location with beautiful ocean views, this stylishly presented home is perfect for busy people who appreciate a low maintenance, carefree lifestyle and can move into and enjoy.
Built in 2021, this double storey residence boasts 3 very spacious bedrooms, 2 trendy bathrooms and large spacious separate living areas on both levels. This is the ideal abode for a family or couples looking for plenty of space with lock up and leave options, while enjoying all the benefits of this sought-after coastal location. You will love the ocean views from upstairs, making this the perfect spot for relaxing and relishing the sensational sunsets and all the changing characteristics of the ocean throughout the changing seasons. All without leaving home!
On entry into this beautiful home, through a trendy large solid timber with glass inserts doorway, into the wide entrance hallway, you will appreciate the coastal friendly flooring that flows seamlessly throughout the traffic and living areas continuing upstairs throughout the 2nd level. Attributes such as high ceilings, glass balustrading to the staircase with trendy black railings, and the combination of design, finishing touches & features will quickly impress the astute buyer. You are sure to love the fixed glass window in the kitchen that frames the spectacular coastal views perfectly, with a forever-changing scope of the ocean at different times of day & night. Also cleverly designed bi-fold windows to the south open up to allow a further coastal view to be part of the everyday living lifestyle of this home, while sliding doors open to the balcony from here to also enjoy a wider scope and appreciation of coastal living.
The ground levels consists of:
• 2 very generous sized minor bedrooms both with large built-in robes & quality full block window treatments. The front bedroom with high ceilings
• Family bathroom in trendy earthy tones with large shower and bath
• Separate powder room
• Laundry with double linen/storage cupboard and under bench cupboards and side access
• Spacious lounge/theatre room with sliding door access to the private rear garden and outdoors. This room would also be suitable as a games/entertainment room with provisions for plumbing and water already in place.
• Shoppers access to large double garages. Garaging also has a rear roller door to access the side and rear sections of the property.
2nd level consists of:
• Master suite, comprising of huge king size room with large windows to the floor allowing natural light to flow through and an impressive king-size walk-in robe. The ensuite is spacious, fully tiled in modern earthy tones and offering double vanities and spacious shower.
• Stylish kitchen with ocean views offering all the modern conveniences and extras - huge walk-in pantry, large under bench oven, 900mm gas cooktop with 5 burners, double sinks, dishwasher, plenty of cupboards and overheads, microwave nook and appliance cupboard, stone benchtops
• Meals/dining section features bi-fold windows to enjoy the ocean view and sea breeze on those warmer days with sliding doors to the balcony
• Separate large family/lounge room with large wall to floor sliding doors accessing the balcony allowing the natural light to flow into the home
• Balcony for relaxation and enjoyment of the coastal views
Moving outside:
A private rear garden with artificial grass, paving and neat surround garden beds, all low to no maintenance to give you time to enjoy the other things in life - perfect for those busy people or lock up and leave. The front section is exposed aggregate concrete with small garden beds to add some colour if you desire.
Other additional features include reverse cycle ducted air conditioning, remote double door garaging, private quiet location, high ceilings, rear access from garages, quality sun block window treatments, screens to all doors and windows, gas storage HWS, gas bayonet on balcony for BBQ, and more you are sure to appreciate on inspection.
For further information contact Matt on 0423 237 330
Listing description written by Sharon Adams, Harcourts Alliance Joondalup — reproduced as published, not verified by Districts.