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 › Carroo Heights
$1,710,000
Last sold
13 Apr 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
703 m²
Land
184 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
$1,710,000
13 Apr 2026 · 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
+14.4%
Median sale
Suburb $1,495,000
-0.42 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. Listed land size is 703 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.
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. Listed land size is 703 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?
KnownmediumOfficial parcel about 705 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
This fully renovated four-bedroom, two-bathroom home with study in the heart of Ocean Reef is the complete package, a modern family entertainer with serious outdoor credentials and a clean, high-end interior finish.
Out front, the home presents with a clean, well-kept streetscape - manicured garden beds, lush grass, and a large front driveway with plenty of space for multiple cars or a boat/trailer.
Step inside to a beautifully updated interior with modern timber-look flooring flowing throughout. The front lounge doubles as a stylish theatre room, fitted with modern blinds for privacy and the perfect viewing experience, ideal for movie nights or relaxed entertaining.
The master bedroom offers a private retreat with a walk-in wardrobe and ensuite, while three additional bedrooms and a dedicated study provide space for the whole family.
High ceilings create a sense of space and light across the open-plan dining, lounge, and kitchen. The kitchen is a standout - a modern U-shaped design with quality appliances, feature tiling, a generous amount of cabinetry, and a walk-in scullery with copious storage that any home cook will appreciate.
Step outside and the home truly comes alive. A large alfresco area fitted with ceiling fans, pull-down blinds, and a wood-fired heater means this space is ready to use in any season. The outdoor kitchen and bar area, complete with exhaust fan and built-in barbecue, opens onto a lovely grassed area overlooking a sparkling pool - the perfect backdrop for weekend gatherings or quiet afternoons in the sun. Brand new paving ties the pitched pergola and pool area together beautifully.
A large powered workshop and generous shed provide all the storage and workspace you could need, while the large double garage with shopper's entry makes everyday life that little bit easier.
What we know
If you're looking for a home with room to breathe and grow, below are some of the features to know:
Fully renovated four-bedroom, two-bathroom home with study
Modern U-shaped kitchen with quality appliances, storage and walk in scullery
Open-plan living, dining, and kitchen with high ceilings
Separate front lounge/theatre room
Master bedroom with ensuite and walk-in wardrobe
Ducted evaporative air-conditioning and ceiling fans throughout
Modern timber-look flooring throughout
Large alfresco with ceiling fans, pull-down blinds, and wood-fired heater
Outdoor kitchen and bar with exhaust fan and built-in barbecue
Sparkling pool with brand new paving
Large powered workshop and shed
Double garage with shopper's entry
Large front driveway
Well-kept front garden beds and lawn
What's close
Tarolinta Park: 240m
Beaumaris Park: 300m
IGA Beaumaris: 350m
Iluka Beach: 2km
Ocean Reef Senior High School: 2km
Currambine Central: 2.3km
Ocean Reef Boat Harbour: 3km
Ocean Reef Primary School: 3km
Joondalup Resort Golf Course: 3.2km
Listing description written by Nathan Whennen, Realmark Urban — reproduced as published, not verified by Districts.