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 › Stephens St
$928,500
Last sold
2 Oct 2025
4
Bedrooms
2
Bathrooms
1
Car spaces
376 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
$928,500
2 Oct 2025 · 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
-37.9%
Median sale
Suburb $1,495,000
+2.04 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 376 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 376 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 RE/MAX Extreme CurrambinePositioned in the heart of one of Perth's most desirable northern coastal suburbs, this well-located 4-bedroom, 2-bathroom home presents an exceptional opportunity for downsizers, first home buyers, and savvy investors.
Set on a 376m² approx. block, the home offers a functional layout with multiple living areas, a generous master suite with private ensuite, and a spacious outdoor patio ideal for entertaining all year round. With low-maintenance gardens, secure parking, and a relaxed beachside atmosphere, this home is move-in ready — or ready for a personal touch to make it truly your own.
Key Features:
• Two separate living zones offering flexibility for families or guests
• Central kitchen with ample storage, bench space, pantry, and fridge recess
• Open-plan living and meals area with tiled flooring for easy care
• Four carpeted bedrooms, including a master with walk-in robe and ensuite
• Family bathroom with separate bath and shower
• Ducted evaporative cooling plus split system air conditioning in the main living area
• Practical laundry with storage and external access
• Covered alfresco area – perfect for outdoor entertaining
• Single carport with roller door and convenient drive-through access
• Low-maintenance backyard
• Security screen door for added peace of mind
Lifestyle & Location:
Ocean Reef offers more than just a great address — it delivers a lifestyle. Tucked just minutes from the pristine coastline, this peaceful, family-friendly suburb boasts excellent schools, lush parks, convenient transport links, and the exciting Ocean Reef Marina redevelopment – a soon-to-be world-class hub featuring waterfront dining, retail, and vibrant public spaces.
Whether you're after a relaxed coastal lifestyle or a smart investment in a high-growth area, this home ticks all the right boxes.
Location Highlights:
• Walking distance to local parks, schools, and public transport
• Minutes from the beach and scenic coastal trails
• Easy access to major roads and Joondalup CBD
• Close proximity to the Ocean Reef Marina development
Act Fast – Opportunity Awaits
Properties in Ocean Reef are in strong demand. Don't miss your chance to secure this versatile, well-located home. Contact us today and start your next coastal chapter.
Listing description written by Brett White, RE/MAX Extreme Currambine — 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.