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 › Tiller Rd
$1,100,000
Last sold
31 May 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
864 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
$1,100,000
31 May 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
-26.4%
Median sale
Suburb $1,495,000
+1.20 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 864 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 864 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 EstateWithin moments from our beautiful Western Australian beaches, parklands, popular cafes and restaurants, you will fall in love with this property's magical location before you have even seen what the home has to offer - offering spectacular ocean views, 4 bedrooms, spacious living zones, the ultimate alfresco, gardens and pool to only name a few.
From the front entry, this home reveals a large carpeted formal lounge and dining area as well as a separate home office - If you work from home and need a private and quiet space to get things done, this home effortlessly ticks that box, due to its location, this room would also be ideal for a 5th bedroom.
The ground floor is almost entirely focused on making the most of the ocean views and functional day to day family living, providing an open plan living area that draws you out to the impressive outdoor entertainment area.
If you like to get creative in the kitchen you will appreciate what's on offer here! The well appointed kitchen offers generous benchtop space and also takes full advantage of the ocean views that adds something extra special when preparing family meals in the kitchen. Complemented by stainless steel appliances + rangehood, Fisher and Paykel dishwasher, double fridge recess, pantry, and plenty of drawers and cupboards for storage.
The master bedroom suite is nicely positioned upstairs and creates a completely separate retreat from the rest of the home, from the top of the staircase, a parents retreat / lounge with a TV point to put your feet up and relax. Take in the views from the modern ensuite bathroom with views from the shower. The main bedroom is also accommodated by a spacious, fitted walk-in robe and a split system air conditioner and fan. The three additional bedrooms are all located downstairs and fitted with ceiling fans, two with built in robes and the other with a freestanding wardrobe. The minor bedrooms are serviced by a family bathroom complete with a shower, bath and single vanity.
Follow the ocean views from the kitchen and living areas, and step out onto the brilliant entertaining area - with a real wow factor - this great sized alfresco overlooks rolling green lawns and the swimming pool. The alfresco ceiling is finished with quality timber cedar lined ceiling, café blinds, 3 fans and downlights - there is no doubt this area will be a standout!
Aside from the numerous cafes and restaurants that our glorious coastline dishes up, this exceptional residence is within a short distance to:
- Mullaloo beach front - 1.4km
- Ocean Reef Boat Harbor - 2.3km
- Mullaloo cafe and entertainment strip 3km
- 3.8km to Whitfords Shopping Center, OR, 5km to Lakeside Joondalup Shops
FEATURES of this home Include, but are not limited to:
- Private frontage with established gardens set back from the road
- Large double lock up garage with space for caravan or boat and would also accommodate 4 cars
- Family bathroom with bath shower and a single vanity with a separate toilet
- The upstairs parents retreat with a split system air conditioner and TV point
- Garden reticulation at the front and the back
- Bike and storage sheds
- Laundry with a linen cupboard and door out to the clothes line
- New carpets throughout
- Storage underneath the staircase
- Ocean views from the living areas and kitchen
- Large 864sqm block (potential subdivision subject to WAPC approval)
- Elevated to take advantage of the views
Listing description written by Pauline Lyon, Peard Real Estate — reproduced as published, not verified by Districts.