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 › Carnarvon Rise
$1,400,000
Last sold
20 July 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
210 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$1,400,000
20 July 2026 · derived via latest_sale
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
-6.4%
Median sale
Suburb $1,495,000
+0.23 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 scheme
JOONDALUP
Zone
Residential
1
Jurisdiction
Joondalup
Joondalup, WA
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.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 1 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 1 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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. 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.
Flood overlay has not been queried for this lot. 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.
2 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.
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?
KnownmediumOfficial parcel about 1,096 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 Realmark UrbanWhat to love
The clever thing about this home is how it lives. Two full storeys give it a natural rhythm - a private master retreat and living zone upstairs, and a generous open hub for family and entertaining below - so the home stretches or settles to suit the moment.
Downstairs is where everyone gathers. The L-shaped kitchen offers generous bench space and storage and looks straight out over the patio, keeping whoever's preparing dinner part of the conversation. Family, meals and dining flow together here, while a gas fireplace warms the living space in winter. Come summer, the doors open to a large covered patio and a spa that makes spending the evening outdoors the default rather than the exception.
The yard does its part too - artificial lawn and a soft green border at the rear mean the weekends are yours, not the garden's. Two further bedrooms and a full bathroom sit privately on this level, ideal for children, guests or a home office.
Upstairs is the grown-ups' domain. The master enjoys a walk-in robe and ensuite, with a second living area to retreat to and a balcony worth lingering on. A fourth bedroom completes the floor, adding flexibility however you need it. And with the new Ocean Reef Marina just down the road, the best of the coast is becoming part of the everyday.
What we know
Four bedrooms, two bathrooms across two levels
Master suite upstairs with walk-in robe and ensuite - the ensuite connecting through to a separate toilet, also reachable from the hallway
Fourth bedroom and a second living area upstairs, opening to a private balcony with ocean views
Two further bedrooms and a main bathroom downstairs
L-shaped kitchen with generous bench and storage, overlooking the outdoor area, plus a Bosch dishwasher
Open family, meals and dining zone alongside a separate living area downstairs
Gas fireplace downstairs and split-system reverse-cycle air conditioning upstairs
Gas bayonets upstairs and down
Hybrid and laminate timber-look flooring with a neutral palette throughout
Large covered patio and outdoor spa for year-round entertaining
Artificial lawn and a low-maintenance green garden border to the rear
Double glazing to the front door
Reticulation front and back
Double garage and a large paved driveway, framed by easy-care front gardens
What's close
Ocean Reef Senior High School - 550m
Southern Cross Park - 850m
Prendiville Catholic College - 900m
Joondalup City RSL - 1.2km
New Ocean Reef Harbour - 1.5km
Joondalup Country Club - 2.3km
Mullaloo Beach North - 3.1km
Edith Cowan University - 3.9km
Burns Beach Foreshore - 4.6km
Joondalup Station - 4.8km
Lakeside Joondalup - 4.8km
What to know
SET DATE SALE with absolutely ALL offers being presented on Tuesday, the 14th of July at 1 pm. The Seller reserves the right to sell prior to this date, so we encourage offers as early as possible.
Listing description written by Nathan Whennen, Realmark Urban — reproduced as published, not verified by Districts.