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 › Bacchante Circle
$1,600,000
Last sold
9 July 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
724 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
$1,600,000
9 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,919/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
+7.0%
Median sale
Suburb $1,495,000
-0.22 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 724 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 724 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 EstateWelcome to a life of unparalleled elegance and serenity, where every morning begins with ocean views from the elevated frontage in the comfort and warm embrace of this beautiful family abode.
ABOUT THE PROPERTY
Nestled within steps of the breathtaking Indian Ocean and the vibrant Ocean Reef Marina, this exquisite family home offers captivating ocean views from the front door and the master bedroom. Designed for low-maintenance living, the residence features numerous living areas and a social kitchen perfect for family gatherings and entertaining.
Through the front door, you are welcomed into a spacious foyer leading to a sunken family room and a formal dining/reception area. The main bedroom is generously sized and tucked away in a private wing at the front of the home, complemented by a well-designed ensuite bathroom with a corner bath, corner shower, and separate toilet. Just off the main bedroom is a private study or office nook, which would make a nursery ideal too. A powder room with a single vanity adds convenience for your guests.
The heart of the home is the large, open-plan living area with vaulted ceilings showcasing exposed timber beams, captivating feature lighting, and a modern ceiling fan. Indulge in the luxury of high-quality appliances in the kitchen, featuring solid granite countertops, a central island breakfast bar with quality appliances and an abundance of storage. A door separates the front living areas from this central hub, ensuring privacy.
In a separate wing of the home are the additional four queen sized bedrooms, all with double built-in robes that shared in a renovated family bathroom with a bath and shower, and a separate family powder room with a single vanity. Complete with a large walk-in linen cupboard, the laundry provides direct access to a drying line.
Whether you're hosting a lively gathering or seeking a serene retreat, this backyard paradise has it all. Showcasing a large wrap-around alfresco area that invites you to enjoy the outdoors without the hours of maintenance with a symphony of synthetic lawns, wrap-around paving and raised flower beds. The star if the backyard is the elevated lagoon-style pool with rockery and a water fountain that creates a tropical retreat, perfect for relaxing and entertaining.
HIGHLIGHTED FEATURES
- 5 Bedrooms and 2 bathrooms
- The main bedroom is a super king with a ceiling fan, and the additional bedrooms all fit a queen sized bed.
- Ensuite bathroom in the main bedroom with a large corner bath, shower & separate toilet
- Family renovated bathroom with a bath, single vanity and a corner shower
- Ducted reverse cycle air conditioning throughout
- Blackbutt timber flooring throughout the living areas
- Numerous living areas and main bedroom, carpet in the additional bedrooms
- Ocean views from the front of the home
- Private study/office nook, which would also make the perfect nursery
- Powder room with a single vanity
- Ducted reverse cycle aircon throughout
- Kitchen with granite countertops, central island, Smeg gas cooktop and oven, double door Fisher & Paykel dishwasher
- Vaulted ceilings with exposed timber beams
- Family bathroom with bath, shower, and single vanity
- Large wrap-around alfresco
- Elevated lagoon-style salt pool with solar heating, a rockery and water fountain maintained by a glass filtration system
- 5kw Solar electricity system
- Double lock up garage with access through a roller door to the back yard
COMMUNITY PERKS
Experience the ultimate coastal lifestyle in Ocean Reef, moments from the Indian Ocean and the sought-after Ocean Reef Marina on your doorstep. Enjoy the proximity to beautiful beaches being only 2.2km from Iluka Foreshore, 240m walk to Aurora Grove Park, and 1km to Beaumaris IGA. This family-friendly suburb offers excellent schools, shopping centres, and dining options.
PROPERTY PARTICULARS:
Build Year: Approx. 1995
Land Size: 724sqm
Build Area: 243sqm
Builder: Peter Standard Homes
Zoning: R20
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Nikki Kale, Peard Real Estate — reproduced as published, not verified by Districts.