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 › Cantara Rise
$870,000
Last sold
8 June 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
773 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
$870,000
8 June 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
-41.8%
Median sale
Suburb $1,495,000
+2.40 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 773 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 773 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 Peard Real EstateDefining comfort and relaxation, enhanced by the fantastic central location, this property combines all the creature comforts one could wish for with something for the whole family to enjoy. This family friendly, 4 bedroom, 2 bathroom property is perfectly positioned within walking distance from both Primary and Secondary schools, Beaumaris City Shopping Center and directly opposite the lush Santiago Parklands.
Perched on a generous 773 sqm corner block, the property has been cleverly designed to take advantage of the whole block, offering access to the double garage from Cantara Rise, and the front door faces the park on Santiago Parkway.
The main family living area consists of a large open plan lounge and dining room that leads off the impressive, and well equipped kitchen. Care has been taken with the design of the kitchen to ensure it is both functional and pleasing to the eye. Finished with stone benchtops, the kitchen offers a central island benchtop, a corner pantry and loads of cupboard space, Westinghouse five-burner gas cooktop and electric oven, dishwasher and large windows with garden and park views. The second living area is located at the front of the home. If you work from home or simply need another space for the kids to use, this area offers flexibility to use in a way that suits your family's lifestyle.
All 4 bedrooms are good sizes with the main bedroom positioned at the front of the home. The main bedroom enjoys an ensuite bathroom with a shower, toilet and vanity, a spacious walk-in robe and dressing nook with tranquil views over the garden and the parklands across the road. The additional minor bedrooms are located in a separate wing of the home and are separated by a striking sliding barn door. Bedroom 2 is a semi ensuite with a separate interleading door to the family bathroom. The family bathroom will more than accommodate those busy mornings with a bath, shower and a single vanity with storage.
Double doors extend out to the outdoor entertainment area, if you enjoy entertaining or spending time outside, this alfresco will not disappoint! Overlooking the easy-care backyard with artificial lawns and a sparkling salt chlorinated swimming pool, this area is finished with a wrap-around timber deck, pitched roof patio that allows the natural light to shine through, and a built in bar area that accommodates a BBQ - it is easy to see why this area is a much loved space.
LOCATION Benefits (all are approximate distances) :
Directly opposite the Santiago Park
350m - Prendiville Catholic College
300m - Beaumaris Primary School
650m - St Simon Peter Catholic Primary School
1.6km - Ocean Reef Senior High School
1.5km - Currambine Shops 1.5km
Easy access to beaches and the Ocean Reef Boat Harbour
Easy access to the Mitchell freeway and public transport
FEATURES Include but are not limited to:
- Private wrap around frontage with established gardens and park views
- Open-plan family, dining and kitchen area with two gas bayonet points
- Kitchen with stone benchtops, dishwasher, island breakfast bar, tiled splashbacks and a corner pantry, stainless-steel kitchen appliances including a Westinghouse five-burner gas cooktop and electric oven
- Main bedroom with ensuite bathroom and park views
- Bedroom 2 is a semi ensuite to the family bathroom
- Family toilet and laundry with linen cupboard and outdoor access to the drying line
- Beautiful recently installed timber-look flooring
- Stunning patio entertaining deck
- Below-ground swimming pool with glass fence
- 5kw Solar electricity
- Ducted reverse-cycle air-conditioning with E-Zone control throughout
- Gas hot-water system
- Reticulation
- Garden shed
- Ample parking space
- Side access for additional parking or for a boat / caravan
- Space to extend the back yard outward – subject to council approval
- 773 sqm Corner block with access from both Cantara Rise & Santiago Parkway
- Built in approx. 1992 with upgrades done in recent years
Listing description written by Pauline Lyon, Peard Real Estate — reproduced as published, not verified by Districts.