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 › Watson Pl
$1,140,000
Last sold
30 Aug 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
950 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
$1,140,000
30 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,923/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
-23.7%
Median sale
Suburb $1,495,000
+1.04 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 950 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 950 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 GroupSet on a Huge elevated block of 950sqm sits this beautifully presented 4-bedroom, 2-bathroom family home. The modern and light filled home features a stunning outdoor entertaining area with below ground heated swimming pool, additional enclosed outdoor area, 4 good sized bedrooms, Multiple living areas, renovated kitchen, theatre room and plenty of space to park the Boat/Caravan! This well-maintained home has a resort style feel to it & is an absolute must see!
Dual Access! Enter from 69 windlass Avenue, Ocean Reef
- Great street appeal on the elevated block with established lawns and gardens
- Spacious & welcoming entry hall
- Huge open plan living/dining/kitchen area which allows in plenty of natural light has views over the pool area, the perfect space to keep an eye on the kids. This area also has a gas fireplace to keep you cosy in the winter months!
- The kitchen itself has been tastefully renovated & features induction cook top, dishwasher, breakfast bar, stone benchtops and plenty of storage space
- Separate theatre room provides a great spot for family movie nights! This area could also find great use as a kid's games room
- Formal family room with plenty of built in storage. Heaps of room here to sit up a dining room or a home office!
- 2 fantastic outdoor entertaining areas to choose from! The first overlooks the stunning below ground pool providing the perfect spot to entertain friends/family with a summer bbq
- The second outdoor area is massive & fully enclosed for all year-round use. This area features some nice greenery in the garden beds to give it a relaxing feel. Perfect for the winter coffee!
- The whole backyard is very low maintenance with synthetic lawn, established garden beds and a beautiful lemon tree!
- The master bedroom is a great size and includes a private ensuite and walk in robe
- In a separate wing of the home, you will find 3 minor bedrooms (2 include robes).
- Servicing the minor bedrooms is the main bathroom which includes a separate shower and bathtub as well as a separate w/c
- Laundry with plenty of storage
- Dual access to the home from 17 Watson place (tandom carport) & 69 windlass Avenue with plenty of parking on either side
- Extras include: gas fireplace, 2 x gas bayonets, evaporative aircon, Reticulated front and back, large storage shed, pool heating, led downlights
All located in a fantastic position with Herreshoff park on your doorstep & within close proximity to Beaumaris shops, schools, the beach, Joondalup and Whitford's shopping centres & soon to be built Sunset Plaza and Ocean Reef Marina!
Listing description written by Jake Kemsley, 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.