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 › Grantala Cl
$1,350,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
800 m²
Land
Districts View
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
Asking
$1,350,000
Asking · $1,688/m² of land
No recorded sale for this property.
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
-9.7%
Median sale
Suburb $1,495,000
+0.36 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.
$64,566 on top of the price (4.8% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Ocean Reef's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 800 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.
Gross yield if leased at the suburb aggregate is 3.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 800 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
Wander down the driveway and the street simply falls away behind you. What's waiting is a well-kept, well-presented home on roughly 800sqm that feels less like a house on a suburban block and more like its own quiet pocket - screened, settled and entirely yours.
Inside, a mixture of warm wood flooring and tiling runs throughout the home, and the large lounge and dining area is anchored by a beautiful curved window that pulls the front garden inside. You get all the light and outlook without a single passer-by looking back at you - a rare thing, and the whole home leans into it.
Deeper in, a fireplace grounds the open-plan kitchen and second living area, giving the back of the house a warmth that carries through winter. The kitchen holds the centre of it: a wrap-around bench design with an island through the middle and windows over the rear yard so whoever's cooking stays involved. Four bedrooms sit comfortably around it, with the master taking in an ensuite and walk-in wardrobe of its own. Four split system air conditioners keep the home comfortable year-round.
Outside is where the block really shows itself. Lawn wraps from the front of the home right through to the rear - a proper green run for kids and pets to make short work of on a Saturday - while a covered patio looks out over the established gardens, ready for a long table and a slow afternoon.
What this one has is great bones and great size: big open rooms, beautiful natural light, mature gardens and a level of privacy you cannot renovate into a property later. This home is ready to be made yours.
What to know
• Four bedrooms, two bathrooms
• Master bedroom with ensuite and walk-in wardrobe
• Large main bathroom
• Large lounge and dining area with feature curved window overlooking the front garden
• Separate open-plan kitchen and second living area with fireplace
• Wrap-around kitchen with island bench
• Mixture of wooden flooring and tiling throughout
• Four split system air conditioners
• Covered patio to the rear
• Wrap-around lawn, front and rear
• Established, well-maintained gardens
• Carport
• Approximately 800sqm block
• Tucked away at the end of a quiet close, with genuine privacy front and back
What's close
• Beaumaris Park: 300m
• Beaumaris Primary School: 450m
• Santiago Park: 600m
• Currambine Central: 1km
• St Simon Peter Catholic Primary School: 1km
• Prendiville Catholic College: 1.1km
• Beaumaris City Shopping Centre: 1.8km
• Iluka Beach: 2.3km
• Joondalup Country Club: 3km
• Ocean Reef Boat Harbour: 3.5km
Listing description written by Nathan Whennen, Realmark Urban — reproduced as published, not verified by Districts.