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 › Velsheda Green
For sale
For sale
5
Bedrooms
3
Bathrooms
2
Car spaces
723 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
Asking
No recorded sale price for this property yet.
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.
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 723 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 723 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 Bell Merenda Real EstateSunset Ocean Views with a Park on your doorstep! Located at the end of the Cul-de-sac this spacious 5 Bedroom Family home is ready for the next purchaser to add their special touches to this Home. This unique property offers incredible convenience within walking distance to The Beach less than 1Km away, Ocean Reef Marina less than 1Km away, Parks & Playgrounds, Mitchell Freeway, Local Shopping Centres including Beaumaris City Shopping Centre only 700m away, Cafes & Restaurants, Local Schools including Beaumaris Primary School only 500m away & Ocean Reef Senior High School 1.5Kms away, the list goes on and on!
Features include;
-Impressive, spacious & well-designed Family Home comprising approx. 396m2 of building area under main roof on 723m² of LAND (Built in 2001 by Don Russell Homes)
-Spacious kitchen, dining and living area opening out to your outdoor entertaining area & spacious back yard
-Kitchen finished with laminated bench tops, more than ample cupboard space & kitchen appliances including wall oven, 4 burner gas cooktop, rangehood & dishwasher
-Scullery to the side of the kitchen with 4 burner gas cooktop, rangehood, exhaust fan & additional cupboard space
-Fully ducted Fujitsu reverse cycle air conditioning throughout the home with separate zones
-20 solar panels & 5.1Kw Inverter slashing your power bills
-Master bedroom located upstairs featuring ocean views, plus spacious walk-in robe & ensuite bathroom featuring bath, basin, shower & separate W/C
-Sitting room located upstairs featuring ocean views with direct access to the spacious West facing balcony
-2nd, 3rd & 4th bedroom located downstairs all with a built-in robe
-5th / guest bedroom located downstairs with a walk-in robe & 2nd ensuite bathroom featuring basin & shower
-3rd bathroom featuring bath, basin & shower
-Spacious formal dining & lounge room located to the side of the kitchen area
-Media/Games room located downstairs with direct access to the alfresco & back yard
-Separate powder room located downstairs
-Additional separate W/C located downstairs next to the 3 bedrooms
-Additional study located on the ground floor simply perfect for when working from home
-Laundry featuring more than ample cupboard space, pet door & direct access to drying courtyard area
-Secure double remote garage with parking for additional vehicles in the driveway
-Additional storage located under the stairs
-Gas hot water system
-Solar powered Whirlybird roof ventilation
-Floor plans available upon request (call or email for a copy)
-Council Rates: $3,178.47 per annum approx. (City of Joondalup)
-Water Rates $1,622.00 per annum approx.
Disclaimer: The information provided herein has been prepared with care however it is subject to change and cannot form part of any offer or contract. Whilst all reasonable care has been taken in preparing this information, the seller or their representative or agent cannot be held responsible for any inaccuracies. Interested parties must be sure to undertake their own independent enquiries.
Listing description written by Lee Merenda, Bell Merenda Real Estate — reproduced as published, not verified by Districts.