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 › Volante Elbow
$1,720,000
Last sold
23 June 2025
4
Bedrooms
2
Bathrooms
0
Car spaces
765 m²
Land
314 m²
Building
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
$1,720,000
23 June 2025 · 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
+15.1%
Median sale
Suburb $1,495,000
-0.44 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 765 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 765 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 Realmark UrbanWhat To Love
Welcome to 26 Volante Elbow, Ocean Reef - a stunning coastal residence that seamlessly blends expansive family living with luxurious lifestyle features. Perfectly positioned on a generous 765m² block, this immaculately presented 4-bedroom, 2-bathroom home spans an impressive 314m² of internal space and offers breathtaking ocean views.
Upon entering through the grand double doors, you're greeted by two elegant living areas on either side - ideal for both formal entertaining and relaxed gatherings. The layout flows effortlessly to reveal a further two spacious living zones, ensuring room for the entire family to unwind.
At the heart of the home, the gourmet kitchen is a true showstopper, complete with premium 40mm granite bench-tops, twin ovens, ample storage, and a seamless connection to the main open-plan living and dining area. From here, french doors extend your living space out to a magnificent alfresco - boasting hardwood decking and overlooking your own private oasis.
The outdoor space is truly exceptional, featuring a solar-heated saltwater pool, a miniature golf putting green, and fully reticulated gardens both front and rear - the ultimate setting for entertaining or enjoying Perth's coastal climate in peace and privacy.
The master retreat offers a tranquil haven with ocean views, a generous layout, and a luxurious ensuite featuring a double vanity and modern finishes. Three additional bedrooms are well-appointed and share a stylish family bathroom.
Additional features include ducted reverse-cycle air conditioning, quality flooring throughout, and a double garage with convenient access.
Just moments from the pristine coastline, leafy parklands, and reputable schools, this home delivers the very best of coastal living in one of Ocean Reef's most desirable pockets.
What We Know
• Ocean Views from multiple vantage points
• 4 Living Areas - including formal and open-plan spaces
• Elegant double-door entrance with dual front living zones
• Spacious master suite with ocean outlook, walk-in robe & luxury ensuite
• Double vanity ensuite with modern finishes
• Gourmet kitchen with 40mm granite bench-tops, 2 ovens, and ample storage
• Seamless flow to the alfresco via two access points from the main living & dining
• Hardwood-decked alfresco for year-round entertaining
• Solar-heated saltwater pool
• 6.6 kW solar system
• Miniature golf putting green
• Reverse cycle ducted air-conditioning
• Fully reticulated gardens, front and rear
• Double garage with extra off-street parking
What's close
• Discovery Park - 400m
• Iluka Foreshore - 500m
• Iluka Beach - 700m
• Currambine Central - 1.3km
• Beaumaris Primary School - 1.4km
• Prendiville Catholic College - 2km
• Ocean Reef Boat Harbour - 2.4km
• Ocean Reef Senior High School - 2.7km
• Joondalup Heath Campus - 4.5km
• Edith Cowan University - 5km
What To Know
SET DATE SALE with absolutely ALL offers being presented on Tuesday 3rd of June 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.