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 › Constellation Dr
$870,000
Last sold
10 June 2022
4
Bedrooms
3
Bathrooms
2
Car spaces
742 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
10 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 742 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 742 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 EstateThis 4 bedroom, 3 bathroom, plus study, home will charm you with its coastal warmth and comfortable living zones. Providing the perfect floor plan, this residence boasts a spacious and open plan living area, separate dining and family room, and a “country-style” kitchen that effortlessly connects to the outdoor alfresco and pool area. If a great central location and family friendly living is what you're looking for, then this is the one for you!
Prepare to fall in love as you walk through the double front doors into the family lounge and dining room that is complete with an impressive, large projector screen and surround sound speaker system that sets the scene for whats to come for the ultimate family nights in. Also nestled close by is a home office with floating shelves and a great use of space is the storage room underneath the staircase.
The spacious, and well equipped, kitchen is large enough to fit in another casual meals area, complete with loads of built-in cabinetry, a double fridge recess, raked ceilings with large windows overlooking the patio and swimming pool, built-in double fridge recess, Bosch dishwasher, gas cooktops, an electric oven, and a microwave recess. From the kitchen step down into the family lounge with a split system air conditioner and sliding doors lead you out onto the alfresco area.
The main bedroom is located in its own private retreat at the back of the property and enjoys views over the back yard through glass sliding doors, floor to ceiling, triple mirrored robes, and ample space for a dressing table, the bedroom is also fitted with a ceiling fan and a Fujitsu split system air-conditioner for ultimate climate control. An ensuite bathroom accommodates the main bedroom and is complete with a shower, vanity and a toilet. Take the staircase up to the 4th bedroom that enjoys ocean views from the balcony with an ensuite bathroom, split system air conditioner, ceiling fan, built-in robes, and a storage room. This bedroom is a fantastic guest or teenagers retreat.
Slide open the doors from the family living area and walk out to the large entertaining area with a pitched “A” framed patio and let the kids and pets run free out in the backyard. The alfresco provides the perfect setting with views over the “lagoon style” swimming pool for entertaining friends and family. Through the pool fence and up the stairs is another paved landing with a garden shed that also overlooks the backyard and pool.
Perfectly positioned within footsteps from beautiful beaches, lush parklands, shops schools, and more!
LOCATION BENEFITS:
- Prendiville Catholic School - approx. 800m
- Ocean Reef Boat Harbour - approx 1.7km
- Lakeside Joondalup Shopping Centre - approx. 5km
ADDITIONAL FEATURES Include, but are not limited to:
- 4 Bedrooms, 3 Bathrooms, 2 bedrooms with an en-suite bathroom, one family bathroom, and a separate family toilet
- Home office / study
- Laundry leads off the kitchen with doors to the paved area and clothesline
- Timber floorboards throughout the living areas
- Double lock-up garage
- Salt chlorinated swimming pool with cleaning equipment and blanket
- Established trees in the gardens and private walls
- Solar power with 12 panels and 3kw Inverter
- Gas hot water system, less than 2 years old
- Gas bayonet point in the main living area
- 742 m² block (approx)
- Council Rates approx $2231 per annum
Listing description written by Pauline Lyon, Peard Real Estate — reproduced as published, not verified by Districts.